trivago Delivers 16% Growth in Q3, Its Seventh Consecutive Double-Digit Quarter, With Highest Adjusted EBITDA Since Mid-2023
trivago reported Q3 2026 revenue of €192.5 million, up 16% year-over-year, its seventh consecutive quarter of double-digit growth, with Adjusted EBITDA of €18.7 million — the highest since mid-2023 and ahead of management's expectations. Growth was driven by double-digit Referral Revenue gains in Americas (+15% to €67.7M) and Developed Europe (+15% to €80.0M), while Rest of World declined 10% on FX and Middle East travel headwinds; trivago DEALS added €14.0M in revenue. The company maintained FY2026 guidance of mid-teens revenue growth with ~€30M Adjusted EBITDA and guided 2027 to double-digit revenue growth with ~€45M Adjusted EBITDA, on a path to a 10% EBITDA margin target by 2028.
Key figures
- Revenue
- 192.5
- Guidance
- FY2026: mid-teens % revenue growth, Adjusted EBITDA ~€30M (maintained); FY2027: double-digit % revenue growth, Adjusted EBITDA ~€45M (raised)
- Revenue Yoy
- 16%
- Core roas
- 133.2%
- Net income eur m
- 5.4
- Adjusted ebitda yoy
- 17%
- Referral revenue yoy
- 10%
- Adjusted ebitda eur m
- 18.7
- Deals revenue q3 eur m
- 14
- Nine month revenue eur m
- 503.8
- Short term investments eur m
- 69.2
- Cash and restricted cash eur m
- 70.8
AI analysis
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