TRVG

MKT CAP:$195M

trivago N.V.

Market Cap

$195M

Communication Services·Internet Content & Information·🇩🇪 Germany·NASDAQ

Communication·Internet·🇩🇪·NASDAQ

Stock Price

$2.77-$0.04 (-1.42%)

Apr 23, 2026

Company Details

trivago N.V., together with its subsidiaries, operates a hotel and accommodation search platform in the United States, Germany, the United Kingdom, and internationally. It offers an online meta-search for hotels and accommodation through on...

CEO

Johannes Thomas

IPO Date

Dec 16, 2016

Website

www.trivago.de

Key Metrics TTM

Revenue

$612M

+14.4% YoY

Net Income

$2M

EPS (Diluted)

$0.01

Free Cash Flow

$13M

Revenue / Share

$8.56

Gross Margin

97.7%

Operating Margin

0.5%

Net Margin

0.3%

FCF Margin

2.2%

P/S

0.3x

P/E

93.4x

Earnings Reports

Q4 2025

May 5, 2026

PENDING

FY 2025

Feb 26, 2026

$642M+19.1%EPS $0.18

Q3 2025

Nov 4, 2025

$194M+13.3%EPS $0.18

Q2 2025

Aug 5, 2025

$163M+17.5%EPS -$0.12

Q1 2025

Mar 30, 2025

$145M+22.4%EPS -$0.13

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q4 21	$104M	$101M	$15M
Q1 22	$119M	$115M	-$6M
Q2 22	$169M	$166M	-$70M
Q3 22	$215M	$211M	-$86M
Q4 22	$123M	$119M	$21M
Q1 23	$130M	$126M	$17M
Q2 23	$145M	$142M	$10M
Q3 23	$185M	$181M	-$216M
Q4 23	$107M	$104M	$5M
Q1 24	$119M	$115M	-$14M
Q2 24	$139M	$136M	-$10M
Q3 24	$171M	$167M	-$23M
Q4 24	$111M	$108M	$9M
Q1 25	$145M	$142M	-$11M
Q2 25	$163M	$160M	-$9M
Q3 25	$194M	$189M	$14M

Valuation

Quarter	P/S	P/E
Q4 21	1.9x	63.8x
Q1 22	1.7x	107.1x
Q2 22	1.0x	—
Q3 22	0.7x	—
Q4 22	0.8x	—
Q1 23	0.8x	—
Q2 23	0.8x	—
Q3 23	0.6x	—
Q4 23	0.3x	—
Q1 24	0.4x	—
Q2 24	0.3x	—
Q3 24	0.2x	—
Q4 24	0.4x	—
Q1 25	0.5x	—
Q2 25	0.4x	—
Q3 25	0.4x	113.7x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 21	$73M	$72M
Q1 22	$14M	$13M
Q2 22	-$8M	-$10M
Q3 22	$32M	$31M
Q4 22	$40M	$39M
Q1 23	$5M	$4M
Q2 23	$4M	$3M
Q3 23	$5M	$4M
Q4 23	$18M	$17M
Q1 24	-$8M	-$8M
Q2 24	-$4M	-$5M
Q3 24	$4M	$4M
Q4 24	$31M	$31M
Q1 25	-$16M	-$18M
Q2 25	-$8M	-$9M
Q3 25	$10M	$9M

Capital Expenditures

Quarter	CapEx
Q4 21	$1M
Q1 22	$1M
Q2 22	$1M
Q3 22	$1M
Q4 22	$754.1K
Q1 23	$876.9K
Q2 23	$1M
Q3 23	$1M
Q4 23	$1M
Q1 24	$679.3K
Q2 24	$942.4K
Q3 24	$836.0K
Q4 24	$816.1K
Q1 25	$1M
Q2 25	$1M
Q3 25	$1M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q4 21	+175.6%	+82.2%
Q1 22	+165.9%	+126.2%
Q2 22	+51.6%	+108.0%
Q3 22	+32.5%	+97.7%
Q4 22	+17.7%	+14.7%
Q1 23	+9.2%	-9.6%
Q2 23	-14.0%	-43.4%
Q3 23	-14.1%	+33.1%
Q4 23	-12.6%	+0.2%
Q1 24	-8.7%	+17.4%
Q2 24	-4.7%	+9.9%
Q3 24	-7.5%	-51.6%
Q4 24	+3.4%	-0.4%
Q1 25	+22.4%	+18.3%
Q2 25	+17.5%	+15.7%
Q3 25	+13.3%	-7.4%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 21	$5M	4.7%
Q1 22	$4M	3.1%
Q2 22	$4M	2.5%
Q3 22	$6M	2.7%
Q4 22	$4M	3.4%
Q1 23	$3M	2.4%
Q2 23	$3M	2.0%
Q3 23	$4M	2.0%
Q4 23	$1M	1.4%
Q1 24	$1M	1.3%
Q2 24	$3M	2.0%
Q3 24	$3M	1.5%
Q4 24	$3M	2.8%
Q1 25	$0	0.0%
Q2 25	$2M	1.3%
Q3 25	$0	0.0%

OpEx Breakdown

Quarter	R&D	G&A	S&M
Q4 21	—	$11M	$59M
Q1 22	—	$36M	$69M
Q2 22	—	$11M	$108M
Q3 22	—	$13M	$151M
Q4 22	$64M	$26M	$72M
Q1 23	—	$12M	$82M
Q2 23	—	$12M	$105M
Q3 23	—	$11M	$142M
Q4 23	—	$10M	$75M
Q1 24	—	$10M	$104M
Q2 24	$15M	$11M	$120M
Q3 24	—	$8M	$133M
Q4 24	—	$9M	$74M
Q1 25	—	$9M	$129M
Q2 25	—	$9M	$145M
Q3 25	$14M	$10M	$150M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$350M	$0	$350M
Q2 22	$250M	$31M	$281M
Q3 22	$266M	$57M	$323M
Q4 22	$291M	$53M	$343M
Q1 23	$327M	$51M	$377M
Q2 23	$348M	$32M	$380M
Q3 23	$370M	$0	$370M
Q4 23	$119M	$29M	$149M
Q1 24	$140M	$0	$140M
Q2 24	$134M	$0	$134M
Q3 24	$126M	$0	$126M
Q4 24	$156M	$0	$156M
Q1 25	$139M	$0	$139M
Q2 25	$130M	$0	$130M
Q3 25	$124M	$22M	$146M
Q4 25	$153M	$14M	$167M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q4 21	71M	0.0%	+0.8%
Q1 22	71M	0.0%	0.0%
Q2 22	72M	+0.9%	+0.9%
Q3 22	72M	+0.2%	+1.1%
Q4 22	71M	-1.0%	+0.1%
Q1 23	71M	-1.3%	-1.1%
Q2 23	70M	-0.1%	-2.1%
Q3 23	69M	-2.4%	-4.7%
Q4 23	70M	+1.4%	-2.4%
Q1 24	70M	+0.1%	-1.1%
Q2 24	70M	+0.0%	-1.0%
Q3 24	70M	+0.1%	+1.6%
Q4 24	70M	+0.4%	+0.6%
Q1 25	70M	+0.3%	+0.8%
Q2 25	70M	+0.1%	+0.8%
Q3 25	71M	+1.6%	+2.3%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q4 21	$2M	60
Q1 22	$2M	60
Q2 22	$3M	60
Q3 22	$4M	60
Q4 22	$2M	60
Q1 23	$2M	60
Q2 23	$2M	60
Q3 23	$3M	60
Q4 23	$2M	60
Q1 24	$2M	60
Q2 24	$2M	60
Q3 24	$3M	60
Q4 24	$2M	60
Q1 25	$2M	60
Q2 25	$3M	60
Q3 25	$3M	60

Revenue / Employee