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Get filing alertsThe company entered into a put option agreement to sell TheFork to American Express for $700.0 million in cash, reclassifying the business as a discontinued operation and reducing reportable segments from three to two.
Filed August 6, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 7, 2025 · ~1 min read
Key Changes
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Experiences segment revenue rose 3.0% to $278.6M in the quarter, but adjusted EBITDA for the segment fell 18.5% to $30.8M.
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Hotels and Other segment revenue declined 20.5% to $163.3M, and adjusted EBITDA decreased 23.2% to $45.6M.
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The company repaid its 2026 Senior Notes at maturity for $345.4 million, funded by cash on hand, and the related capped calls expired unexercised.
2 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.
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Figures/quotes linked to EDGAR · Narrative written by AI · Aug 27, 2026 · How we verify