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Dec 31, 2023

TripAdvisor Q4 2023 Earnings Report

TripAdvisor's Q4 2023 financial results were reported, showing revenue growth and improved profitability.

Key Takeaways

TripAdvisor reported Q4 2023 revenue of $390 million, a 10% increase year-over-year. Net income was $32 million, or $0.22 diluted EPS, while non-GAAP net income was $55 million, or $0.38 diluted EPS. Adjusted EBITDA was $84 million, representing 22% of revenue.

Revenue for the fourth quarter was $390 million, reflecting year-over-year growth of 10%.

Net income for the fourth quarter was $32 million, or $0.22 diluted EPS.

Non-GAAP net income for the fourth quarter was $55 million, or $0.38 diluted EPS.

Adjusted EBITDA for the fourth quarter was $84 million, or 22% of revenue.

Total Revenue
$390M
Previous year: $354M
+10.2%
EPS
$0.38
Previous year: $0.16
+137.5%
Gross Profit
$329M
Previous year: $354M
-7.1%
Cash and Equivalents
$1.07B
Previous year: $1.02B
+4.5%
Free Cash Flow
-$35M
Previous year: -$55M
-36.4%
Total Assets
$2.54B
Previous year: $2.57B
-1.2%

TripAdvisor

TripAdvisor

TripAdvisor Revenue by Segment

Forward Guidance

In 2024, the company will continue to prioritize its segment strategies which focus on long-term growth and profitability.

Revenue & Expenses

Visualization of income flow from segment revenue to net income