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Dec 31, 2022

TripAdvisor Q4 2022 Earnings Report

TripAdvisor's Q4 2022 financial performance exceeded expectations, marking a strong close to fiscal year 2022 with growth across all segments.

Key Takeaways

TripAdvisor's Q4 2022 total revenue reached $354 million, a 47% increase year-over-year. The company's net loss improved to $3 million from $29 million in Q4 2021, and Adjusted EBITDA improved to $43 million from $29 million in the same period.

Total revenue increased by 47% year-over-year to $354 million, reaching approximately 106% of pre-COVID-19 levels.

Tripadvisor Core revenue increased by 34% year-over-year to $217 million.

Viator revenue increased by 115% year-over-year to $127 million.

TheFork revenue increased by 10% year-over-year to $33 million.

Total Revenue
$354M
Previous year: $241M
+46.9%
EPS
$0.16
Previous year: -$0.01
-1700.0%
Gross Profit
$354M
Previous year: $241M
+46.9%
Cash and Equivalents
$1.02B
Previous year: $723M
+41.2%
Free Cash Flow
-$55M
Previous year: $51M
-207.8%
Total Assets
$2.57B
Previous year: $2.29B
+12.2%

TripAdvisor

TripAdvisor

TripAdvisor Revenue by Segment

Forward Guidance

As we enter 2023, we will continue to leverage these strengths while identifying new opportunities to reinforce and accelerate our performance and drive sustainable profitable growth. In 2022, we delivered solid year-over-year revenue growth of 65% and witnessed a healthy increase in profit margins. As we look to 2023 and beyond, we expect to maintain this approach as we pursue opportunities across our Company’s portfolio.

Revenue & Expenses

Visualization of income flow from segment revenue to net income