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trivago Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary4 Feb, 2026
Executive summary
Achieved 19% year-over-year total revenue growth in FY 2025, with €548.9M–€549M in revenue and €15.8M Adjusted EBITDA, marking four consecutive quarters of double-digit growth and surpassing expectations.
Q4 2025 delivered 27% year-over-year total revenue growth to €120M, with strong branded traffic, improved conversion rates, and profitability exceeding forecasts.
Strategic focus in 2025 was on turnaround and brand investments; 2026 priorities include optimizing momentum, balancing growth with marketing discipline, and continued innovation.
AI-powered product enhancements, including Smart Search and improved member proposition, led to a 37% increase in conversion rates since 2023.
Expanded transaction-based CPA model and Book & Go platform, with over 140 partners and 25%+ of referral revenue processed.
Financial highlights
FY 2025 total revenue: €548.9M–€549M (+19% YoY); Q4 2025 revenue: €120M (+27% YoY).
Adjusted EBITDA for FY 2025: €15.8M; Q4 2025 Adjusted EBITDA: €11.2M–€11.3M.
Net income for FY 2025: €11.2M–€11.3M; Q4 2025 net income: €11.1M–€14.5M, aided by an €8.8M tax position release.
Operational expenses in Q4 increased by €26M to €113M, mainly due to higher brand marketing and the Trivago Deals acquisition.
Cash and cash equivalents at year-end: €130.9M–€131.1M; no long-term debt or outstanding loans.
Outlook and guidance
Expecting double-digit total revenue growth and at least €20M Adjusted EBITDA in 2026.
Anticipate fifth consecutive quarter of double-digit revenue growth in Q1 2026, with higher profitability.
Brand marketing spend growth will slow, focusing on optimizing existing markets and leveraging compounding effects for profitability.
Brand investment ROAS vs. long-term direct traffic
trivago DEALS integration impact on operating costs
Diversify advertiser base beyond top two OTAs
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Next trivago earnings date
Q1 202629 Apr, 2026
trivago
Next trivago earnings date
Q1 202629 Apr, 2026
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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.
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