trivago delivered strong Q4 2025 performance with double-digit revenue growth driven by referral revenue across all core segments, resulting in solid profitability and positive net income.
Total revenue grew 27% year over year in Q4 2025 to €120.0 million.
Referral revenue increased 17% year over year across all core segments.
Net income reached €14.5 million, supported by a tax benefit release.
Adjusted EBITDA improved slightly year over year, reflecting stronger operating leverage.
Management expects continued double-digit revenue growth and improved profitability in early 2026, supported by brand investments and cost discipline.
Visualization of income flow from segment revenue to net income
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