Feed / TRIP

Tripadvisor, Inc.

TRIP

Consumer Cyclical · 8.82 +0.2% today

Isolated · not yet confirmedMarket checked 10 Sept, 15:55 GMT-4

Market read

Tripadvisor, Inc.'s current read is isolated; its market group is not confirming.

No new filing conclusion is available. 0 of 37 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 1 directly disclosed connection is confirming.

Company+0.2% todayVolume comparison unavailable
Market group0 of 37 activeNo Coherent Theme · unavailable
Disclosed network0 of 1 confirmingNo filing-linked name is confirming now
What would change this read
  • TRIP's market-adjusted activity becomes unusual and at least one connected name confirms.

Invalidation: The isolated read changes if TRIP's group or a disclosed connection begins moving with it.

Watch this read

Research brief

The story so far

Consumer Cyclical · Travel Services

No new filing conclusion is available. 0 of 37 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 1 directly disclosed connection is confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • TRIP's market-adjusted activity becomes unusual and at least one connected name confirms.

Company research

Understand the business, not just the ticker

As of Sep 11, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations319
Usable filing statements194
Verified relationships3
Evidence supporting the case
  • Net margin changed +1.8 percentage points in the latest annual period.
  • Credit and interest rates has repeated favorable evidence across 4 filings.
  • Data center and AI demand has repeated favorable evidence across 4 filings.
  • Foreign exchange has repeated favorable evidence across 4 filings.
  • Macroeconomic conditions has repeated favorable evidence across 4 filings.
  • Tariffs and trade policy has repeated favorable evidence across 4 filings.
Evidence challenging the case
  • Demand and volume has repeated adverse evidence across 4 filings.
  • Restructuring and cost reductions has repeated adverse evidence across 4 filings.
Questions before a position
  • EV/sales is 79% below the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context

Price as of Sep 10, 2026

8.82
6m-12.8%12m-48.5%24m
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$902.0M+49.3%$-1.08+1.8%
2022-12-31$1.5B+65.4%$0.14+6.1%
2023-12-31$1.8B+19.8%$0.08-0.6%
2024-12-31$1.8B+2.6%$0.04+0.2%
2025-12-31$1.9B+3.1%$0.31-9.7%

What management says matters

Persistent and emerging business drivers

Credit and interest ratespositive · 4 filings
The increase in working capital for the three months ended March 31, 2026 when compared to the same period in 2025, was primarily driven by changes related to the timing of collection of cash from customers, the timing of vendor payments and deferred merchant…
10-Q · May 7, 2026
Data center and AI demandpositive · 4 filings
2025 (in millions) Technology $ 25.0 $ 22.7 10 % % of revenue 6.5 % 5.7 % Technology costs increased $2.3 million during the three months ended March 31, 2026 when compared to the same period in 2025, primarily due to increased licensing and data center costs.
10-Q · May 7, 2026
Demand and volumenegative · 4 filings
Three months ended March 31, 2026 2025 (in millions) Interest income $ 7.9 $ 10.0 29 Interest income decreased $2.1 million during the three months ended March 31, 2026 when compared to the same period in 2025, primarily due to a decrease in interest rates re…
10-Q · May 7, 2026
Foreign exchangepositive · 4 filings
Three months ended March 31, 2026 2025 (in millions) Other income (expense), net $ 1.4 $ (3.1 ) Other income, net, increased during the three months ended March 31, 2026 when compared to the same period in 2025, primarily due to net foreign exchange gains inc…
10-Q · May 7, 2026

Valuation discipline

Descriptive valuation snapshot

Price/sales 0.6× · EV/sales 0.5×. Comparisons use only industry-matched filing peers.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

8.82+0.2% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 10 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for TRIP. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for TRIP. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind TRIP

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depended on by

EXPEExpedia Group, Inc.competitorMay 8, 2026

Competitive entrants such as “metasearch” companies, including Kayak.com (owned by Booking Holdings), trivago (in which Expedia Group owns a majority interest) as well as TripAdvisor, introduced differentiated features, pricing and content compared with the l…

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

TRIP is currently a Participant in the organic co-movement group No Coherent Theme. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 1 filing-linked name are in the relationship map; none is currently confirmed as moving with the group.

This group is retained as the last observed read for TRIP; it is not active in the latest market snapshot.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.