TripAdvisor (TRIP) Gross Margin (2011 - 2026)
TripAdvisor (TRIP) posted Gross Margin of 51.26% for Q2 2026, down 4.3% on a QoQ basis from 53.56% in Q1 2026, and down 517.0% year-over-year from 12.29% in Q2 2025.
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TripAdvisor (TRIP) Gross Margin (2011 - 2026) Analysis & Trends
TripAdvisor has reported Gross Margin for 16 years, with the latest figure at 51.26% in Q2 2026.
- On a quarterly basis, Gross Margin fell 517.0% year-over-year to 51.26% in Q2 2026; TTM through Jun 2026 was 55.6%, a 357.0% decrease from a year earlier, with the FY2025 full-year figure at 58.17%, down 210.0% from the prior year.
- Gross Margin was 51.26% for Q2 2026 at TripAdvisor, down from 53.56% in the prior quarter.
- The five-year high for Gross Margin was 93.03% in Q3 2022, with the low at 51.79% in Q4 2023.
- Average Gross Margin over 5 years is 57.7%, with a median of 58.97% recorded in 2024.
- The sharpest annual moves came in 2022 and 2024: Gross Margin sank 13040 bps in 2022, then soared 11481 bps in 2024.
- Over 5 years, Gross Margin stood at 38.7% in 2022, then slumped by 34 bps to 51.79% in 2023, then soared by 222 bps to 63.02% in 2024, then retreated by 8 bps to 57.66% in 2025, then retreated by 11 bps to 51.26% in 2026.
- The last three Gross Margin figures came in at 51.26% (Q2 2026), 53.56% (Q1 2026), and 57.66% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alibaba Group Holding | 261.51 Bn | 217.81 Bn | 15.11 Bn | 38.11% |
| 2 | Booking Holdings | 138.27 Bn | 121.06 Bn | 4.98 Bn | 67.75% |
| 3 | PDD Holdings | 111.58 Bn | 81.30 Bn | 9.45 Bn | 57.06% |
| 4 | Airbnb | 103.10 Bn | 91.03 Bn | 2.98 Bn | 82.46% |
| 5 | Mercadolibre | 97.65 Bn | 82.46 Bn | 4.16 Bn | 40.90% |
| 6 | Ebay | 46.49 Bn | 43.18 Bn | 2.30 Bn | 73.45% |
| 7 | Expedia | 32.95 Bn | 25.82 Bn | 3.91 Bn | 90.66% |
| 8 | Maplebear | 11.28 Bn | 10.43 Bn | 751.00 Mn | 72.00% |
| 9 | Full Truck Alliance | 8.76 Bn | 7.74 Bn | - | - |
| 10 | TripAdvisor | 1.06 Bn | 216.20 Mn | 226.50 Mn | 51.26% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 51.26% |
| Mar 31, 2026 | 53.56% |
| Dec 31, 2025 | 57.66% |
| Sep 30, 2025 | 58.95% |
| Jun 30, 2025 | 56.43% |
| Mar 31, 2025 | 56.91% |
| Dec 31, 2024 | 63.02% |
| Sep 30, 2024 | 60.34% |
| Jun 30, 2024 | 58.95% |
| Mar 31, 2024 | 58.99% |
| Dec 31, 2023 | -51.79% |
| Sep 30, 2023 | 91.93% |
| Jun 30, 2023 | 91.70% |
| Mar 31, 2023 | 92.18% |
| Dec 31, 2022 | -38.70% |
| Sep 30, 2022 | 93.03% |
| Jun 30, 2022 | 92.57% |
| Mar 31, 2022 | 91.60% |
| Dec 31, 2021 | 91.70% |
| Sep 30, 2021 | 92.41% |