TripAdvisor (TRIP) Gross Margin (2011 - 2026)
TripAdvisor (TRIP) posted quarterly Gross Margin of 91.42% for Q1 2026, up 3452.0% year-over-year from 2.57% in Q1 2025, and down 57.45% quarter-over-quarter from 214.84% in Q4 2025.
TripAdvisor (TRIP) Gross Margin (2011 - 2026) Analysis & Trends
TripAdvisor's Gross Margin history runs 16 years deep, the most recent figure standing at 91.42% for Q1 2026.
- In Q1 2026, Gross Margin rose 3452.0% year-over-year to 91.42%; the TTM figure through Mar 2026 stood at 109.61% (up 3156.0% YoY), while the FY2025 annual figure was 92.33%, up 3206.0% from the prior year.
- Gross Margin for Q1 2026 stood at 91.42%, down from 214.84% in the prior quarter.
- The five-year high for Gross Margin was 214.84% in Q4 2025, with the low at 56.91% in Q1 2025.
- The 5-year median for Gross Margin is 92.18% (2023), against an average of 94.65%.
- Peak annual rise in Gross Margin reached 15182 bps in 2025, while the deepest fall reached 3676 bps in 2025.
- TripAdvisor's Gross Margin stood at 101.98% in 2022, then dropped by 3 bps to 98.46% in 2023, then sank by 36 bps to 63.02% in 2024, then jumped by 241 bps to 214.84% in 2025, then tumbled by 57 bps to 91.42% in 2026.
- Business Quant data shows TRIP's Gross Margin at 91.42% in Q1 2026, 214.84% in Q4 2025, and 92.59% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 158.00 Bn | 140.79 Bn | 4.98 Bn | 67.75% |
| 2 | Airbnb | 106.61 Bn | 94.54 Bn | 2.98 Bn | 82.46% |
| 3 | Royal Caribbean Cruises | 80.97 Bn | 80.04 Bn | 2.29 Bn | 47.29% |
| 4 | Viking Holdings | 44.26 Bn | 40.45 Bn | 713.43 Mn | 41.37% |
| 5 | Expedia | 38.52 Bn | 31.39 Bn | 3.91 Bn | 90.66% |
| 6 | Carnival | 38.41 Bn | 36.17 Bn | - | - |
| 7 | Trip.com | 29.13 Bn | 17.43 Bn | 1.86 Bn | 79.12% |
| 8 | Norwegian Cruise Line Holdings | 8.35 Bn | 8.13 Bn | 1.05 Bn | 39.91% |
| 9 | MakeMyTrip | 5.80 Bn | 5.02 Bn | 212.91 Mn | 74.55% |
| 10 | TripAdvisor | 1.18 Bn | 340.72 Mn | 226.50 Mn | 51.26% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 51.26% |
| Mar 31, 2026 | 91.42% |
| Dec 31, 2025 | 214.84% |
| Sep 30, 2025 | 92.59% |
| Jun 30, 2025 | 58.79% |
| Mar 31, 2025 | 56.91% |
| Dec 31, 2024 | 63.02% |
| Sep 30, 2024 | 92.48% |
| Jun 30, 2024 | 91.95% |
| Mar 31, 2024 | 93.67% |
| Dec 31, 2023 | 98.46% |
| Sep 30, 2023 | 91.93% |
| Jun 30, 2023 | 91.70% |
| Mar 31, 2023 | 92.18% |
| Dec 31, 2022 | 101.98% |
| 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% |