TripAdvisor Files Q1 2025 10-Q, Details Financials
Ticker: TRIP · Form: 10-Q · Filed: 2025-05-07T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, financials, credit-facility, stock
Related Tickers: TRIP
TL;DR
TRIP Q1 2025 10-Q filed. Financials and credit facilities detailed.
AI Summary
TripAdvisor, Inc. filed its 10-Q for the period ending March 31, 2025. The filing details financial information and operational updates for the first quarter of 2025. Key financial instruments and credit facilities, such as the "Twenty Fifteen Credit Facility" and "Term Loan B Facility", are referenced, along with stock-related activities including "Treasury Stock Common" and "PerformanceBasedAndMarketBasedRestrictedStockUnits".
Why It Matters
This filing provides investors with a quarterly update on TripAdvisor's financial health and operational performance, crucial for understanding the company's trajectory and investment potential.
Risk Assessment
Risk Level: medium — The filing contains detailed financial information, including credit facilities and stock-related activities, which can indicate financial health and potential risks.
Key Numbers
- 20250331 — Reporting Period End Date (Indicates the end of the fiscal quarter being reported.)
- 20250507 — Filing Date (Shows when the report was officially submitted to the SEC.)
Key Players & Entities
- TripAdvisor, Inc. (company) — Filer of the 10-Q
- 20250331 (date) — End of the reporting period
- Twenty Fifteen Credit Facility (financial_instrument) — Mentioned credit facility
- Term Loan B Facility (financial_instrument) — Mentioned credit facility
- Treasury Stock Common (financial_metric) — Stock activity
- PerformanceBasedAndMarketBasedRestrictedStockUnits (financial_metric) — Stock activity
FAQ
What is the reporting period for this 10-Q filing?
The reporting period for this 10-Q filing is for the quarter ended March 31, 2025.
When was this 10-Q filed with the SEC?
This 10-Q was filed on May 7, 2025.
What are some of the key credit facilities mentioned in the filing?
The filing mentions the 'Twenty Fifteen Credit Facility' and the 'Term Loan B Facility'.
What type of stock-related activities are referenced?
The filing references 'Treasury Stock Common' and 'PerformanceBasedAndMarketBasedRestrictedStockUnits'.
What is the company's fiscal year end?
TripAdvisor, Inc.'s fiscal year ends on December 31.
From the Filing
0000950170-25-064982.txt : 20250507 0000950170-25-064982.hdr.sgml : 20250507 20250507070528 ACCESSION NUMBER: 0000950170-25-064982 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 87 CONFORMED PERIOD OF REPORT: 20250331 FILED AS OF DATE: 20250507 DATE AS OF CHANGE: 20250507 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 EIN: 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: 25919239 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-20250331.htm 10-Q 10-Q Q1 12-31 false 0001526520 http://fasb.org/us-gaap/2024#ProfitLoss http://fasb.org/us-gaap/2024#SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMember http://fasb.org/srt/2024#ChiefExecutiveOfficerMember 0001526520 us-gaap:LetterOfCreditMember trip:TwentyFifteenCreditFacilityMember 2024-12-31 0001526520 trip:TermLoanBFacilityMember trip:TwentyFifteenCreditFacilityMember 2024-07-08 2024-07-08 0001526520 us-gaap:TreasuryStockCommonMember 2024-12-31 0001526520 us-gaap:FairValueInputsLevel3Member 2024-12-31 0001526520 trip:PerformanceBasedAndMarketBasedRestrictedStockUnitsMember 2025-01-01 2025-03-31 0001526520 trip:StockholderNoteReceivable-RelatedParty1Member 2025-03-31 0001526520 srt:ScenarioPreviouslyReportedMember 2024-01-01 2024-03-31 0001526520 trip:LTRIPMember 2025-03-31 0001526520 us-gaap:AdditionalPaidInCapitalMember 2024-03-31 0001526520 trip:MarketBasedRestrictedStockUnitsMember 2024-12-31 0001526520 trip:BrandTripadvisorMember 2024-01-01 2024-03-31 0001526520 2023-09-07 0001526520 us-gaap:AdditionalPaidInCapitalMember 2024-01-01 2024-03-31 0001526520 trip:LTRIPMember us-gaap:CommonClassBMember 2025-03-31 0001526520 us-gaap:LongTermDebtMember 2025-03-31 0001526520 2025-05-01 0001526520 us-gaap:RevolvingCreditFacilityMember trip:TwentyFifteenCreditFacilityMember 2025-01-01 2025-03-31 0001526520 trip:MarketBasedRestrictedStockUnitsMember 2025-01-01 2025-03-31 0001526520 us-gaap:OperatingSegmentsMember trip:MediaAndPlatformMember trip:BrandTripadvisorMember 2024-01-01 2024-03-31 0001526520 us-gaap:InternalRevenueServiceIRSMember 2025-01-01 2025-03-31 0001526520 us-gaap:CommonStockMember 2025-01-01 2025-03-31 0001526520 us-gaap:CommonStockMember 2023-12-31 0001526520 us-gaap:EmployeeStockOptionMember 2024-12-31 0001526520 us-gaap:NondesignatedMember us-gaap:ForeignExchangeContractMember 2024-12-31 0001526520 us-gaap:MoneyMarketFundsMember us-gaap:FairValueInputsLevel1Member 2024-12-31 0001526520 trip:TwoThousandAndTwentyFiveSeniorNotesMember 2024-01-01 2024-03-31 0001526520 us-gaap:AccruedLiabilitiesMember 2025-03-31 0001526520 trip:LTRIPMember srt:ScenarioForecastMember 2025-05-29 2025-05-29 0001526520 trip:StockoptionsAndRsusMember trip:MarketLeveragedStockUnitMSUsMember 2024-01-01 2024-03-31 0001526520 us-gaap:TreasuryStockCommonMember 2023-12-31 0001526520 us-gaap:IntersegmentEliminationMember us-gaap:CorporateNonSegmentMember 2024-01-01 2024-03-31 0001526520 us-gaap:EmployeeStockOptionMember 2025-03-31 0001526520 trip:ExpediaAndBookingMember us-gaap:SalesRevenueNetMember us-gaap:CustomerConcentrationRiskMember 2024-01-01 2024-12-31 0001526520 trip:ZeroPointTwoFivePercentConvertibleTwoThousandTwentySixSeniorNotesMember us-gaap:LongTermDebtMember 2024-12-31 0001526520 trip:StockholderNoteReceivable-RelatedParty1Member 2025-01-01 2025-03-31 0001526520 us-gaap:FairValueInputsLevel2Member trip:TermLoanBFacilityMember 2024-12-31 0001526520 us-gaap:CorporateNonSegmentMember trip:ThirdPartyMember 2025-01-01 2025-03-31 0001526520 trip:TermLoanBFacilityMember 2025-03-20 2025-03-20 0001526520 us-gaap:CommonStockMember 2024-01-01 2024-03-31 0001526520 us-gaap: