revenue $441.9M, net income $22.4M. TripAdvisor Q2 revenue falls 7.2%, net income drops 37.8%; TheFork sale to Amex

Filed August 6, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 7, 2025 · ~2 min read

Key Changes

• high

  Net income from continuing operations fell 37.8% YoY to $22.4M in Q2 2026 (diluted EPS $0.19, down 32.1%), driven by a 35% decline in operating income to $37.8M as Hotels and Other revenue dropped 21% and macro headwinds (Middle East conflict, Hawaii flooding, Mexico unrest, weather disruptions) slowed Experiences growth.

  MD&A: Operating Results verify on EDGAR →
• high

  Company announced sale of TheFork restaurant-reservation platform to American Express for $700M cash, expected to close by year-end 2026 subject to regulatory approvals. TheFork reclassified as discontinued operation and no longer a reportable segment; proceeds may fund debt paydown or share repurchases.

  MD&A: TheFork Sale verify on EDGAR →
• high

  Hotels and Other segment revenue fell 21% YoY to $163.3M in Q2 2026, driven by declines in hotel metasearch revenue from free marketing channels (particularly SEO) and media/advertising revenue. Adjusted EBITDA dropped 23% to $45.6M as the company optimizes the segment for profitability while shifting focus to Experiences.

  MD&A: Segment Performance verify on EDGAR →