Tripadvisor, Inc. (NASDAQ:TRIP) Q2 2025 Earnings Conference Call August 7, 2025 4:30 PM ET
Company Participants
Angela White – Vice President of Investor Relations
Matthew Goldberg – President, CEO & Director
Michael Noonan – Chief Financial Officer
Conference Call Participants
Nafeesa Gupta – BofA Securities, Research Division
Richard J. Clarke – Sanford C. Bernstein & Co., LLC., Research Division
Vince Charles Ciepiel – Cleveland Research Company LLC
Operator
Thank you for standing by. My name is Janice, and I will be your conference operator today. At this time, I would like to welcome everyone to TripAdvisor’s Second Quarter 2025 Conference Call. [Operator Instructions] I would now like to turn the conference over to Angela White, VP of IR. You may begin.
Angela White
Thank you, Janice. Good afternoon, and welcome to TripAdvisor’s Second Quarter 2025 Financial Results Call. Joining me today are Matt Goldberg, President and CEO; and Mike Noonan, CFO. Earlier this afternoon, we filed and made available our earnings release. In that release, you’ll find reconciliations of non-GAAP financial measures to the most comparable GAAP measure discussed on this call.
Before we begin, I’d like to remind you that this call may contain estimates and other forward-looking statements that represent management’s views as of today, August 7, 2025. TripAdvisor disclaims any obligation to update these statements to reflect future events or circumstances. Please refer to our earnings release as well as our filings with the SEC for information concerning factors that could cause actual results to differ materially from these forward-looking statements. With that, I’ll turn the call over to Matt.
Matthew Goldberg
Thanks, Angela, and good afternoon, everyone. We’re pleased with our Q2 performance. Group revenue grew 7% or 5% in constant currency to $529 million at the upper end of our range. Adjusted EBITDA of $107 million or 20% of revenue exceeded our expectations. In a few minutes, Mike
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