TripAdvisor annual operating margin
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2025
TripAdvisor Operating Margin Growth & History (TRIP)
TripAdvisor's operating margin was 4.23% for fiscal 2025.
View full TripAdvisor company overviewTripAdvisor annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 4.23% | −0.78 pp |
| 2024 | 2024-12-31 | 5.01% | −2.03 pp |
| 2023 | 2023-12-31 | 7.05% | +0.28 pp |
| 2022 | 2022-12-31 | 6.77% | +21.29 pp |
| 2021 | 2021-12-31 | −14.52% | +39.95 pp |
| 2020 | 2020-12-31 | −54.47% | −66.46 pp |
| 2019 | 2019-12-31 | 11.99% | +0.66 pp |
| 2018 | 2018-12-31 | 11.33% | +3.36 pp |
| 2017 | 2017-12-31 | 7.97% | −3.25 pp |
| 2016 | 2016-12-31 | 11.22% | −4.33 pp |
| 2015 | 2015-12-31 | 15.55% | −11.74 pp |
| 2014 | 2014-12-31 | 27.29% | −3.82 pp |
| 2013 | 2013-12-31 | 31.11% | −7.68 pp |
| 2012 | 2012-12-31 | 38.79% | −4.02 pp |
| 2011 | 2011-12-31 | 42.81% | −3.88 pp |
| 2010 | 2010-12-31 | 46.69% | −1.07 pp |
| 2009 | 2009-12-31 | 47.77% | — |
TripAdvisor quarterly operating margin
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| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 8.55% | −3.61 pp |
| Q1 2026 | 2026-03-31 | −6.59% | −2.70 pp |
| Q4 2025 | 2025-12-31 | −6.99% | −7.23 pp |
| Q3 2025 | 2025-09-30 | 12.66% | −0.50 pp |
| Q2 2025 | 2025-06-30 | 12.16% | +4.92 pp |
| Q1 2025 | 2025-03-31 | −3.89% | −0.10 pp |
| Q4 2024 | 2024-12-31 | 0.24% | −7.96 pp |
| Q3 2024 | 2024-09-30 | 13.16% | +1.15 pp |
| Q2 2024 | 2024-06-30 | 7.24% | −1.66 pp |
| Q1 2024 | 2024-03-31 | −3.80% | −0.02 pp |
| Q4 2023 | 2023-12-31 | 8.21% | +11.59 pp |
| Q3 2023 | 2023-09-30 | 12.01% | −3.24 pp |
| Q2 2023 | 2023-06-30 | 8.91% | −6.20 pp |
| Q1 2023 | 2023-03-31 | −3.77% | +3.86 pp |
| Q4 2022 | 2022-12-31 | −3.39% | +8.23 pp |
| Q3 2022 | 2022-09-30 | 15.25% | +9.97 pp |
| Q2 2022 | 2022-06-30 | 15.11% | +30.00 pp |
| Q1 2022 | 2022-03-31 | −7.63% | +60.66 pp |
| Q4 2021 | 2021-12-31 | −11.62% | +67.69 pp |
| Q3 2021 | 2021-09-30 | 5.28% | +35.74 pp |
| Q2 2021 | 2021-06-30 | −14.89% | +263.07 pp |
| Q1 2021 | 2021-03-31 | −68.29% | −58.58 pp |
| Q4 2020 | 2020-12-31 | −79.31% | −85.90 pp |
| Q3 2020 | 2020-09-30 | −30.46% | −46.35 pp |
| Q2 2020 | 2020-06-30 | −277.97% | −293.61 pp |
| Q1 2020 | 2020-03-31 | −9.71% | −17.96 pp |
| Q4 2019 | 2019-12-31 | 6.59% | +0.23 pp |
| Q3 2019 | 2019-09-30 | 15.89% | −3.54 pp |
| Q2 2019 | 2019-06-30 | 15.64% | +4.32 pp |
| Q1 2019 | 2019-03-31 | 8.24% | +2.16 pp |
| Q4 2018 | 2018-12-31 | 6.36% | +3.55 pp |
| Q3 2018 | 2018-09-30 | 19.43% | +9.87 pp |
| Q2 2018 | 2018-06-30 | 11.32% | +0.47 pp |
| Q1 2018 | 2018-03-31 | 6.08% | −1.17 pp |
| Q4 2017 | 2017-12-31 | 2.80% | −0.68 pp |
| Q3 2017 | 2017-09-30 | 9.57% | −6.11 pp |
| Q2 2017 | 2017-06-30 | 10.85% | −1.17 pp |
| Q1 2017 | 2017-03-31 | 7.26% | −4.67 pp |
| Q4 2016 | 2016-12-31 | 3.48% | +11.57 pp |
| Q3 2016 | 2016-09-30 | 15.68% | −5.53 pp |
| Q2 2016 | 2016-06-30 | 12.02% | −7.49 pp |
| Q1 2016 | 2016-03-31 | 11.93% | −12.86 pp |
| Q4 2015 | 2015-12-31 | −8.09% | −28.92 pp |
| Q3 2015 | 2015-09-30 | 21.20% | −2.52 pp |
| Q2 2015 | 2015-06-30 | 19.51% | −11.45 pp |
| Q1 2015 | 2015-03-31 | 24.79% | −9.37 pp |
| Q4 2014 | 2014-12-31 | 20.83% | +7.69 pp |
| Q3 2014 | 2014-09-30 | 23.73% | −9.21 pp |
| Q2 2014 | 2014-06-30 | 30.96% | −7.10 pp |
| Q1 2014 | 2014-03-31 | 34.16% | −4.10 pp |
| Q4 2013 | 2013-12-31 | 13.15% | −14.42 pp |
| Q3 2013 | 2013-09-30 | 32.94% | −10.43 pp |
| Q2 2013 | 2013-06-30 | 38.06% | −4.39 pp |
| Q1 2013 | 2013-03-31 | 38.26% | −1.68 pp |
| Q4 2012 | 2012-12-31 | 27.56% | +3.21 pp |
| Q3 2012 | 2012-09-30 | 43.37% | −2.02 pp |
| Q2 2012 | 2012-06-30 | 42.44% | −7.08 pp |
| Q1 2012 | 2012-03-31 | 39.94% | −9.19 pp |
| Q4 2011 | 2011-12-31 | 24.35% | — |
| Q3 2011 | 2011-09-30 | 45.39% | — |
| Q2 2011 | 2011-06-30 | 49.53% | — |
| Q1 2011 | 2011-03-31 | 49.13% | — |
TripAdvisor operating margin trends
Over the last five reported fiscal years, TripAdvisor's operating margin increased from −54.47% to 4.23%, a change of +58.70 percentage points. The latest reported quarter, Q2 2026, shows 8.55%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review TripAdvisor filings at SEC.gov ↗