TripAdvisor Q2 2022 Earnings Report
Key Takeaways
Tripadvisor reported a strong Q2 2022 with total revenue of $417 million, a 77% increase year-over-year. The company's performance was driven by high growth rates in Viator and TheFork, and the continued recovery in the hotels business. GAAP net income improved to $31 million from a net loss of $40 million in the same quarter last year.
Total revenue increased by 77% year-over-year to $417 million.
GAAP Net Income was $31 million, a significant improvement from the $40 million loss in Q2 2021.
Adjusted EBITDA increased to $109 million, compared to $25 million in the prior year.
The company had $1.05 billion in cash and cash equivalents as of June 30, 2022.
TripAdvisor
TripAdvisor
TripAdvisor Revenue by Segment
Forward Guidance
Tripadvisor did not provide specific forward guidance in this earnings report.
Revenue & Expenses
Visualization of income flow from segment revenue to net income