Tripadvisor

Q2 FY2026 EarningsQ2 FY26 revenue of $441.9M missed the $504.3M consensus by 12.37%, primarily due to a 21% YoY slump in the Hotels and Other segment. Despite the top-line miss, Non-GAAP diluted EPS of $0.35 was largely in-line with the $0.38 mean estimate, supported by a 21% reduction in personnel costs. The strategic divestiture of TheFork for $700M cash and a pivot toward the Experiences-led (Viator) model remain the central focus, though macro volatility continues to weigh on the core hotel business.