v3.25.1
Segment Information - Summary of Segment Information (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Segment Reporting Information [Line Items]    
Total Revenue [1] $ 398 $ 395
Cost of sales [2] 27 25
Marketing (formerly Selling and marketing) [2] 172 162
Personnel (exclusive of stock-based compensation as shown separately below) [2] 116 121
Technology [2] 22 22
General and administrative [2] 17 18 [3]
Adjusted EBITDA 44 47
Depreciation and amortization (21) (22)
Stock-based compensation (28) (28)
Restructuring and other related reorganization costs (10) [4] (1)
Legal reserves, settlements and other [5]   (10)
Transaction related expenses   (1)
Operating income (loss) (15) (15)
Other income (expense), net (5) (1)
Income (loss) before income taxes (20) (16)
(Provision) benefit for income taxes 9 (43)
Net income (loss) (11) (59)
Third-Party    
Segment Reporting Information [Line Items]    
Total Revenue 398 395
Intersegment    
Segment Reporting Information [Line Items]    
Total Revenue 0 0
Reportable Segments | Brand Tripadvisor    
Segment Reporting Information [Line Items]    
Total Revenue [1],[6] 219 240
Cost of sales [2],[6] 5 6
Marketing (formerly Selling and marketing) [2],[6] 62 61
Personnel (exclusive of stock-based compensation as shown separately below) [2],[6] 65 70
Technology [2],[6] 12 13
General and administrative [2],[6] 10 12 [3]
Adjusted EBITDA [6] 65 78
Restructuring and other related reorganization costs [4],[6] (9)  
Reportable Segments | Viator    
Segment Reporting Information [Line Items]    
Total Revenue [1],[7] 156 141
Cost of sales [2],[7] 17 16
Marketing (formerly Selling and marketing) [2],[7] 114 113
Personnel (exclusive of stock-based compensation as shown separately below) [2],[7] 32 30
Technology [2],[7] 7 6
General and administrative [2],[7] 4 3 [3]
Adjusted EBITDA [7] (18) (27)
Restructuring and other related reorganization costs [4],[7] 0  
Reportable Segments | TheFork    
Segment Reporting Information [Line Items]    
Total Revenue [1],[8] 46 41
Cost of sales [2],[8] 5 3
Marketing (formerly Selling and marketing) [2],[8] 19 15
Personnel (exclusive of stock-based compensation as shown separately below) [2],[8] 19 21
Technology [2],[8] 3 3
General and administrative [2],[8] 3 3 [3]
Adjusted EBITDA [8] (3) (4)
Restructuring and other related reorganization costs [8] (1) [4] (1)
Reportable Segments | Third-Party | Brand Tripadvisor    
Segment Reporting Information [Line Items]    
Total Revenue [6] 196 213
Reportable Segments | Third-Party | Viator    
Segment Reporting Information [Line Items]    
Total Revenue [7] 156 141
Reportable Segments | Third-Party | TheFork    
Segment Reporting Information [Line Items]    
Total Revenue [8] 46 41
Reportable Segments | Intersegment | Brand Tripadvisor    
Segment Reporting Information [Line Items]    
Total Revenue [6] 23 27
Reportable Segments | Intersegment | Viator    
Segment Reporting Information [Line Items]    
Total Revenue [7] 0 0
Reportable Segments | Intersegment | TheFork    
Segment Reporting Information [Line Items]    
Total Revenue [8] 0 0
Corporate and Eliminations    
Segment Reporting Information [Line Items]    
Total Revenue (23) (27)
Cost of sales [2] 0 0
Marketing (formerly Selling and marketing) [2] (23) (27)
Personnel (exclusive of stock-based compensation as shown separately below) [2] 0 0
Technology [2] 0 0
General and administrative [2] 0 0 [3]
Adjusted EBITDA 0 0
Depreciation and amortization (21) (22)
Stock-based compensation (28) (28)
Legal reserves, settlements and other [5]   (10)
Transaction related expenses   (1)
Corporate and Eliminations | Third-Party    
Segment Reporting Information [Line Items]    
Total Revenue 0 0
Corporate and Eliminations | Intersegment    
Segment Reporting Information [Line Items]    
Total Revenue $ (23) $ (27)
[1] Our revenue is recognized primarily at a point in time for all reportable segments.
[2] The significant segment expense categories and amounts align with the segment-level information that is regularly provided to our CODM.
[3] Exclusive of $11 million in the Brand Tripadvisor segment which is included separately below in legal reserves, settlements and other and transaction related expenses.
[4] Refer to “Note 5: Accrued Expenses and Other Current Liabilities” for information regarding restructuring and other related reorganization costs.
[5] Represents an estimated accrual for the potential settlement of a regulatory related matter of $10 million expensed during the first quarter of 2024 and is reflected in general and administrative expenses on our unaudited condensed consolidated statement of operations. Refer to "Note 8: Commitments and Contingencies" for further information.
[6] Corporate general and administrative personnel costs of $2 million for both the three months ended March 31, 2025 and 2024 were allocated to the Viator and TheFork segments.
[7] Includes allocated corporate general and administrative personnel costs from the Brand Tripadvisor segment of $1 million in each of the three months ended March 31, 2025 and 2024.
[8] Includes allocated corporate general and administrative personnel costs from the Brand Tripadvisor segment of $1 million in each of the three months ended March 31, 2025 and 2024.