TripAdvisor (TRIP) Gross Margin (2011 - 2026)
TripAdvisor (TRIP) reported Gross Margin of 92.98% for Q2 2026, up 0.65 percentage points from 92.33% a year earlier and up 1.56 percentage points from the prior quarter.
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Analysis
TripAdvisor (TRIP) Gross Margin (2011 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, TripAdvisor's Gross Margin came in at 92.18%, down 0.65 percentage points year-over-year; for FY2025, it was 92.33%, down 0.53 percentage points from FY2024.
- Gross Margin has declined for three consecutive years, though with a five-year change of +1.44 percentage points (FY2020 to FY2025).
- By year, Gross Margin came in at 92.86% in FY2024 (-0.48 pp), 93.34% in FY2023 (-1.43 pp), 94.77% in FY2022 (+2.98 pp) and 91.80% in FY2021 (+0.90 pp).
- The Q2 2026 figure ranks as the highest quarterly Gross Margin since Q1 2025.
- Year over year, Gross Margin gained in four of the last eight quarters, with an average year-over-year change of -0.94 percentage points.
- The high point for year-over-year Gross Margin in five years was Q4 2022 (a gain of 10.28 percentage points); the low point was Q4 2024 (a drop of 5.03 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 91.42% (Q1 2026), 91.48% (Q4 2025) and 92.59% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,164.76 Bn | 3,922.28 Bn | 73.85 Bn | 61.65% |
| 2 | Meta Platforms | 1,823.40 Bn | 1,525.92 Bn | 49.47 Bn | 81.37% |
| 3 | Netflix | 288.27 Bn | 248.47 Bn | 6.52 Bn | 51.93% |
| 4 | Alibaba Group Holding | 252.72 Bn | 70.58 Bn | 15.11 Bn | 38.11% |
| 5 | Shopify | 186.52 Bn | 163.71 Bn | 1.71 Bn | 47.67% |
| 6 | Uber Technologies | 139.11 Bn | 111.09 Bn | 6.38 Bn | 44.93% |
| 7 | Booking Holdings | 123.13 Bn | 56.18 Bn | - | - |
| 8 | PDD Holdings | 111.72 Bn | -140.21 Bn | 9.45 Bn | 57.06% |
| 9 | AppLovin | 103.35 Bn | 93.38 Bn | 1.70 Bn | 88.26% |
| 10 | TripAdvisor | 984.88 Mn | -3.17 Bn | 410.90 Mn | 92.98% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 92.98% |
| Mar 31, 2026 | 91.42% |
| Dec 31, 2025 | 91.48% |
| Sep 30, 2025 | 92.59% |
| Jun 30, 2025 | 92.33% |
| Mar 31, 2025 | 93.27% |
| Dec 31, 2024 | 93.43% |
| 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% |
API Access
TripAdvisor Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=TRIP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "TRIP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=TRIP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();