TripAdvisor, Inc. (TRIP) Form 10-Q — Nov 5, 2026
Tripadvisor reported Q3 2026 revenue of $436.4 million, down 11% year over year, and a net loss of $313.1 million, driven by a $369.5 million non-cash goodwill impairment in its Hotels and Other segment. Adjusted EBITDA from continuing operations fell 34% to $71.1 million. The company completed the sale of TheFork to American Express on November 1, 2026 for approximately $741.0 million in net cash, and expects to book an estimated gain of about $487.0 million in Q4 2026. Remaining goodwill in the impaired Hotels and Other unit is only $44.3 million, leaving the segment near fair value with further impairment risk.
Key figures
- Revenue
- 436.4
- Total Debt
- 833.9
- Revenue Yoy
- -11%
- Cash Position
- 706.8
- Shares Outstanding
- 117826453
- Adjusted ebitda yoy
- -34%
- Adjusted ebitda q3 usd m
- 71.1
- Goodwill impairment usd m
- 369.5
- Experiences revenue q3 usd m
- 284.8
- Hotels revenue q3 yoy decline
- 109.7 vs 143.1
- Hotels and other revenue q3 usd m
- 151.6
- Q4 restructuring cost range usd m
- $15-$20 million
- Thefork estimated gain on sale usd m
- 487
- Thefork net cash consideration usd m
- 741
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