TripAdvisor Files Q1 2024 10-Q
Ticker: TRIP · Form: 10-Q · Filed: 2024-05-08T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, financials, quarterly-report
TL;DR
TripAdvisor's Q1 2024 10-Q is in: financials updated, segments detailed. #TravelTech
AI Summary
TripAdvisor, Inc. filed its 10-Q for the period ending March 31, 2024. The filing details financial performance and operational segments, including Brand TripAdvisor and Media & Platform. Key financial data points such as accrued liabilities and retained earnings are presented for the periods ending March 31, 2024, and December 31, 2023.
Why It Matters
This filing provides investors with the latest financial snapshot of TripAdvisor, Inc., crucial for understanding the company's performance and strategic direction in the travel and booking industry.
Risk Assessment
Risk Level: low — This is a routine quarterly financial filing with no immediate red flags or significant new risks indicated.
Key Numbers
- 2024-03-31 — Reporting Period End Date (Indicates the end of the financial quarter being reported.)
- 2024-05-08 — Filing Date (The date the 10-Q was officially submitted to the SEC.)
- 12-31 — Fiscal Year End (Specifies the end of TripAdvisor's fiscal year.)
Key Players & Entities
- TripAdvisor, Inc. (company) — Filer of the 10-Q
- 20240331 (date) — End of the reporting period
- 20240508 (date) — Filing date
- 781-800-5800 (phone_number) — Business phone number
FAQ
What were the key operating segments for TripAdvisor in Q1 2024?
The filing mentions Brand TripAdvisor and Media & Platform as operating segments for the period of January 1, 2024, to March 31, 2024.
What is the company's fiscal year end?
TripAdvisor's fiscal year ends on December 31st.
When was this 10-Q filing submitted?
This 10-Q filing was submitted on May 8, 2024.
What is the company's primary business address?
The business address is 400 1st Avenue, Needham, MA 02494.
What is the SEC file number for TripAdvisor?
The SEC file number for TripAdvisor is 001-35362.
From the Filing
0000950170-24-055051.txt : 20240508 0000950170-24-055051.hdr.sgml : 20240508 20240508070039 ACCESSION NUMBER: 0000950170-24-055051 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 87 CONFORMED PERIOD OF REPORT: 20240331 FILED AS OF DATE: 20240508 DATE AS OF CHANGE: 20240508 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TripAdvisor, Inc. CENTRAL INDEX KEY: 0001526520 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370] ORGANIZATION NAME: 06 Technology IRS NUMBER: 800743202 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-35362 FILM NUMBER: 24924177 BUSINESS ADDRESS: STREET 1: 400 1ST AVENUE CITY: NEEDHAM STATE: MA ZIP: 02494 BUSINESS PHONE: 781-800-5800 MAIL ADDRESS: STREET 1: 400 1ST AVENUE CITY: NEEDHAM STATE: MA ZIP: 02494 10-Q 1 trip-20240331.htm 10-Q 10-Q 12-31 Q1 false 0001526520 0001526520 us-gaap:AccruedLiabilitiesMember 2024-03-31 0001526520 trip:BrandTripadvisorMember us-gaap:OperatingSegmentsMember 2023-01-01 2023-03-31 0001526520 trip:StockoptionsAndRsusMember trip:PerformanceBasedAndMarketBasedAwardsMember 2023-01-01 2023-03-31 0001526520 trip:TheForkMember us-gaap:OperatingSegmentsMember trip:ThirdPartyMember 2023-01-01 2023-03-31 0001526520 us-gaap:TreasuryStockCommonMember 2022-12-31 0001526520 us-gaap:RestrictedStockUnitsRSUMember 2023-12-31 0001526520 us-gaap:TreasuryStockCommonMember 2023-03-31 0001526520 2024-01-01 0001526520 2023-01-01 2023-03-31 0001526520 us-gaap:SellingAndMarketingExpenseMember 2024-01-01 2024-03-31 0001526520 us-gaap:RetainedEarningsMember 2023-12-31 0001526520 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-12-31 0001526520 us-gaap:LetterOfCreditMember trip:TwentyFifteenCreditFacilityMember 2024-03-31 0001526520 us-gaap:AdditionalPaidInCapitalMember 2023-03-31 0001526520 trip:BrandTripadvisorMember us-gaap:OperatingSegmentsMember trip:MediaAndPlatformMember 2024-01-01 2024-03-31 0001526520 us-gaap:CommonClassBMember 2024-03-31 0001526520 trip:MarketBasedRestrictedStockUnitsMember 2023-12-31 0001526520 us-gaap:CorporateNonSegmentMember us-gaap:IntersegmentEliminationMember 2024-01-01 2024-03-31 0001526520 trip:ViatorMember 2024-01-01 2024-03-31 0001526520 trip:PerformanceBasedRestrictedStockUnitsMember 2024-03-31 0001526520 us-gaap:IntersegmentEliminationMember 2024-01-01 2024-03-31 0001526520 us-gaap:CommonClassBMember 2023-03-31 0001526520 trip:ThirdPartyMember 2024-01-01 2024-03-31 0001526520 us-gaap:FairValueInputsLevel3Member 2024-03-31 0001526520 trip:SevenPercentTwoThousandTwentyFiveSeniorNotesMember us-gaap:LongTermDebtMember 2023-12-31 0001526520 trip:ChelseaInvestmentHoldingCompanyPTELtdMember 2024-03-31 0001526520 us-gaap:GeneralAndAdministrativeExpenseMember 2024-01-01 2024-03-31 0001526520 trip:ChelseaInvestmentHoldingCompanyPTELtdMember 2023-01-01 2023-03-31 0001526520 2024-03-31 0001526520 us-gaap:IntersegmentEliminationMember 2023-01-01 2023-03-31 0001526520 trip:ChelseaInvestmentHoldingCompanyPTELtdMember 2024-01-01 2024-03-31 0001526520 us-gaap:InternalRevenueServiceIRSMember trip:MutualAgreementProcedureConsiderationMember 2024-01-01 2024-03-31 0001526520 us-gaap:OperatingSegmentsMember trip:TheForkMember trip:ThirdPartyMember 2024-01-01 2024-03-31 0001526520 trip:LTRIPMember us-gaap:CommonClassBMember 2024-03-31 0001526520 trip:LTRIPMember 2023-01-01 2023-03-31 0001526520 us-gaap:CommonClassBMember 2024-05-02 0001526520 2023-09-07 2023-09-07 0001526520 trip:ChelseaInvestmentHoldingCompanyPTELtdMember trip:NonMarketableInvestmentsMember 2024-03-31 0001526520 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0001526520 us-gaap:GeneralAndAdministrativeExpenseMember 2023-01-01 2023-03-31 0001526520 us-gaap:CommonStockMember 2023-12-31 0001526520 us-gaap:TreasuryStockCommonMember 2024-03-31 0001526520 us-gaap:OperatingSegmentsMember trip:TheForkMember 2023-01-01 2023-03-31 0001526520 trip:TheForkMember 2023-12-31 0001526520 trip:BrandTripadvisorMembe