TripAdvisor (TRIP) Operating Margin (2011 - 2026)

TripAdvisor (TRIP) recorded quarterly Operating Margin of 6.59% in Q1 2026, down 170.85% quarter-over-quarter from 2.43% in Q4 2025, and down 270.0% on a YoY basis from 3.88% in Q1 2025.

TripAdvisor (TRIP) Operating Margin (2011 - 2026) Analysis & Trends

TripAdvisor's Operating Margin history runs 16 years deep, the most recent figure standing at 6.59% for Q1 2026.

  • In Q1 2026, Operating Margin fell 270.0% year-over-year to 6.59%; the TTM figure through Mar 2026 stood at 5.0% (down 395.0% YoY), while the FY2025 annual figure was 0.48%, down 454.0% from the prior year.
  • Operating Margin was 6.59% for Q1 2026 at TripAdvisor, down from 2.43% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 18.0% in Q4 2024 to a low of 6.59% in Q1 2026.
  • Historically, Operating Margin has averaged 5.2% across 5 years, with a median of 7.24% in 2024.
  • The sharpest annual moves came in 2022 and 2025: Operating Margin surged 6562 bps in 2022, then tumbled 2044 bps in 2025.
  • A 5-year view of Operating Margin shows it stood at 3.39% in 2022, then jumped by 145 bps to 1.54% in 2023, then soared by 1070 bps to 18.0% in 2024, then sank by 114 bps to 2.43% in 2025, then tumbled by 171 bps to 6.59% in 2026.
  • The last three Operating Margin figures came in at 6.59% (Q1 2026), 2.43% (Q4 2025), and 12.66% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Booking Holdings 131.01 Bn 114.99 Bn 3.46 Bn 22.98%
2 Airbnb 79.86 Bn 67.85 Bn 2.10 Bn 3.21%
3 Royal Caribbean Cruises 75.60 Bn 75.08 Bn 2.21 Bn 26.10%
4 Carnival 37.80 Bn 36.39 Bn - 9.85%
5 Expedia 27.88 Bn 22.09 Bn 3.05 Bn 7.33%
6 Norwegian Cruise Line Holdings 8.56 Bn 8.38 Bn 953.34 Mn 9.99%
7 Global Business Travel 4.79 Bn 4.35 Bn 714.00 Mn 0.36%
8 Travel & Leisure 4.51 Bn 4.25 Bn 926.00 Mn 16.55%
9 Trip.com 4.42 Bn -788.25 Mn 1.74 Bn 16.49%
10 TripAdvisor 1.37 Bn 248.54 Mn 204.80 Mn -6.59%

Historic Data

Download Data
DateValue
Mar 31, 2026 -6.59%
Dec 31, 2025 -2.43%
Sep 30, 2025 12.66%
Jun 30, 2025 11.15%
Mar 31, 2025 -3.89%
Dec 31, 2024 18.00%
Sep 30, 2024 13.16%
Jun 30, 2024 7.24%
Mar 31, 2024 -3.80%
Dec 31, 2023 1.54%
Sep 30, 2023 12.01%
Jun 30, 2023 8.91%
Mar 31, 2023 -3.77%
Dec 31, 2022 -3.39%
Sep 30, 2022 15.25%
Jun 30, 2022 15.11%
Mar 31, 2022 -2.67%
Dec 31, 2021 -11.62%
Sep 30, 2021 5.28%
Jun 30, 2021 -14.89%