TripAdvisor Q4 2024 Earnings Report
Key Takeaways
Tripadvisor saw a modest 5% revenue increase in Q4 2024, reaching $411 million, with strong growth in Viator and TheFork segments. However, net income dropped to $2 million from $32 million a year ago. Adjusted EBITDA fell 13% year-over-year to $73 million, reflecting increased marketing and personnel costs.
Revenue for Q4 2024 was $411 million, up 5% year-over-year.
Net income dropped to $2 million from $32 million in Q4 2023.
Viator and TheFork segments saw strong revenue growth of 16% and 23%, respectively.
Adjusted EBITDA declined 13% to $73 million, primarily due to increased costs.
TripAdvisor Revenue
TripAdvisor EPS
TripAdvisor Revenue by Segment
Forward Guidance
Tripadvisor expects continued revenue growth in experiences and dining while maintaining disciplined investments to drive long-term profitability.
Positive Outlook
- Strong momentum in Viator and TheFork segments.
- Strategic investments expected to drive future revenue growth.
- Efforts to improve operational efficiency and cost control.
- Continued growth in travel demand across markets.
- Merger with Liberty TripAdvisor expected to strengthen financial position.
Challenges Ahead
- Rising marketing and personnel costs impacting margins.
- Declining revenue in Tripadvisor-branded hotels segment.
- Uncertain macroeconomic conditions affecting travel spending.
- Increased competition in the online travel industry.
- Restructuring costs expected to continue into Q1 2025.
Revenue & Expenses
Visualization of income flow from segment revenue to net income