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Jun 30, 2024

TripAdvisor Q2 2024 Earnings Report

Announced financial results inline with expectations, with each segment contributing to profitability.

Key Takeaways

Tripadvisor reported Q2 2024 revenue of $497 million, a 1% year-over-year increase. Net income was $24 million, or $0.17 per share, while non-GAAP net income reached $57 million, or $0.39 per share. Adjusted EBITDA was $97 million, representing 20% of revenue.

Total revenue reached $497 million, a 1% increase year-over-year.

Net income was $24 million, or $0.17 per share.

Non-GAAP net income was $57 million, or $0.39 per share.

Adjusted EBITDA was $97 million, representing 20% of revenue.

Total Revenue
$497M
Previous year: $494M
+0.6%
EPS
$0.39
Previous year: $0.34
+14.7%
Gross Profit
$430M
Previous year: $494M
-13.0%
Cash and Equivalents
$1.18B
Previous year: $1.14B
+3.1%
Free Cash Flow
$37M
Previous year: $90M
-58.9%
Total Assets
$2.78B
Previous year: $2.73B
+1.6%

TripAdvisor

TripAdvisor

TripAdvisor Revenue by Segment

Forward Guidance

Tripadvisor will host a conference call on August 6, 2024, at 4:30 p.m. Eastern Time, to discuss the Company’s second quarter 2024 financial results, which may include forward looking information about Tripadvisor’s business.

Revenue & Expenses

Visualization of income flow from segment revenue to net income