TripAdvisor Revenue Down 7% in Q2 2026, Exercising Put Option to Sell TheFork

Travel platform TripAdvisor has reported its second-quarter 2026 financial results. The company's revenue from continuing operations came in at $441.9 million, down 7% year-over-year versus Q2 2025's $476.0 million. Net income from continuing operations was $22.8 million, with GAAP diluted EPS of $0.19 and non-GAAP diluted EPS of $0.35.

Adjusted EBITDA from continuing operations was $76.4 million (17.3% of revenue), while cash and cash equivalents as of June 30, 2026 stood at $843.2 million. Operating cash flow from continuing operations for the quarter was $141.2 million.

The company has also announced the exercise of a put option to sell TheFork to American Express Travel for $700.0 million, with the sale expected to close by year-end 2026 subject to customary conditions and regulatory approvals.