Logotype for trivago N.V.

trivago (TRVG) investor relations material

trivago Q3 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for trivago N.V.
Q3 2025 earnings summary5 Nov, 2025

Executive summary

  • Achieved 13% year-over-year revenue growth in Q3 2025, marking the third or fourth consecutive quarter of double-digit growth, with strong branded revenue driven by AI-powered campaigns, product enhancements, and successful marketing initiatives.

  • Adjusted EBITDA improved by 18% year-over-year to €16.0 million, with net income reaching €11.0 million, aided by a €3.2 million gain from the Holisto acquisition.

  • Strategic acquisition of Holisto (now trivago DEALS Ltd.) completed in July 2025, integrated into operations and financial guidance.

  • Growth supported by strong branded traffic, AI-powered marketing, and product enhancements improving user experience and marketing efficiency.

  • Foreign exchange headwinds negatively impacted revenue by approximately 4% globally, but momentum remained strong.

Financial highlights

  • Q3 2025 total revenue reached €165.6 million, up 13% year-over-year; Referral Revenue was €161.6 million (+11% YoY).

  • Adjusted EBITDA for Q3 2025: €16.0 million (9.3% of revenue), up 18% year-over-year; net income: €11.0 million.

  • Cash and cash equivalents stood at €106.3 million as of September 30, 2025, with no long-term debt.

  • Operational expenses decreased by €12.3 million to €153.4 million, mainly due to the non-recurrence of a €30 million impairment charge from the prior year.

  • Excluding the impairment, operational expenses increased by €17.7 million, primarily from a €14.5 million rise in selling and marketing expenses.

Outlook and guidance

  • Expecting mid-teens percentage revenue growth and positive adjusted EBITDA of at least €10 million for full-year 2025.

  • 2026 guidance targets double-digit revenue growth and adjusted EBITDA of around €20 million, with focus on optimizing 27 core travel markets.

  • Focus remains on scaling profitable marketing and expanding the facilitated booking funnel post-Holisto acquisition.

How will 2026 EBITDA reach EUR 20M?
AI's role in conversion rate improvement?
Trivago's strategy against AI search shifts?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next trivago earnings date

Logotype for trivago N.V.
Q4 20254 Feb, 2026
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next trivago earnings date

Logotype for trivago N.V.
Q4 20254 Feb, 2026

The essential earnings season companion

The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Metasearch Engine for Travelers

Trivago is a German company with global operations that operates a metasearch engine, offering users the ability to compare hotel prices from various booking sites. Trivago's interface allows customers to refine their search based on multiple criteria, including location, price range, and hotel features, making it a convenient tool for travelers seeking to get an overview of all available accommodation options. The company is headquartered in Düsseldorf, Germany, and its shares are listed on the Nasdaq.

Founding, Expedia, and Trivago

The company was founded in 2005 and started as a website that aggregated hotel prices and availability from various booking platforms, allowing users to compare prices. The company quickly gained popularity in its native Germany and expanded its services across Europe. In December 2012, Expedia Group, one of the world's largest travel technology companies, announced it would acquire a majority stake in Trivago, and the deal was completed in 2013. Three years later, Trivago went public.

The Search Platform

Trivago offers a global hotel search platform going by the same name as the company. It is designed to simplify the process of finding and booking accommodations by aggregating data from various booking sites, allowing users to compare hotel prices, locations, and amenities in a single, user-friendly interface. Trivago's extensive database includes a wide range of accommodations, from budget hotels to luxury resorts, catering to diverse traveler preferences. The platform offers additional features like reviews and rating filters, allowing users to find accommodations that fit their specific wants and needs.

How Trivago Makes Money

Trivago generates revenue primarily through a cost-per-click (CPC) model. Hotel chains, such as Hilton Worldwide or Hyatt Hotels, and booking sites pay a fee to Trivago each time a user clicks on a listing. The company also runs advertisements on its website.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage