猫途鹰 2026年季度报告

Form 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2026OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934 Commission file number: 001-35362 TRIPADVISOR, INC. (Exact name of registrant as specified in its charter) 80-0743202(I.R.S. EmployerIdentification No.) Nevada(State or other jurisdiction ofincorporation or organization)400 1stAvenueNeedham, MA 02494(Address of principal executive office) (Zip Code)Registrant’s telephone number, including area code:(781) 800-5000 Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to suchfiling requirements for the past 90 days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submitsuch files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reportingcompany, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and“emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filer☒Non-accelerated filer☐Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying withany new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ ClassOutstanding Shares at May 1, 2026Common Stock, $0.001 par value per share116,361,169 shares Tripadvisor, Inc.Form 10-QFor the Quarter Ended March 31, 2026 Table of Contents Part I—Financial Information Item 1. Unaudited Condensed Consolidated Financial Statements Unaudited Condensed Consolidated Statements of Operations for the Three Months Ended March 31, 2026 and 20253Unaudited Condensed Consolidated Statements of Comprehensive Income (Loss) for the Three Months Ended March 31,2026 and 20254Unaudited Condensed Consolidated Balance Sheets at March 31, 2026 and December 31, 20255Unaudited Condensed Consolidated Statements of Changes in Stockholders’ Equity for the Three Months Ended March 31,2026 and 20256Unaudited Condensed Consolidated Statements of Cash Flows for the Three Months Ended March 31, 2026 and 20257Notes to Unaudited Condensed Consolidated Financial Statements8 Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations20Item 3. Quantitative and Qualitative Disclosures about Market Risk35Item 4. Controls and Procedures35 Part II—Other Information Item 1. Legal Proceedings36Item 1A. Risk Factors36Item 2. Unregistered Sales of Equity Securities and Use of Proceeds36Item 3. Defaults Upon Senior Securities36Item 4. Mine Safety Disclosures36Item 5. Other Information36Item 6. Exhibits37Signatures38 TRIPADVISOR, INC.UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS(in millions, except per share amounts) TRIPADVISOR, INC.UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)(in millions) 4The accompanying notes are an integral part of these unaudited condensed consolidated financial statements. TRIPADVISOR, INC.UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS(in millions, except number of shares and per share amounts) TRIPADVISOR, INC.UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY(in millions, except number of shares) TRIPADVISOR, INC.UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS(in millions) NOTE 1: BASIS OF PRESENTATION We refer to Tripadvisor, Inc. and our wholly-owned subsidiaries as “Tripadvisor,” “the Group,” “the Company,” “us,” “we,” and“our” in these notes to the unaudited condensed consolidated financial statements. Description of Business The Tripadvisor group (the “Group”) is a portfolio of global online platforms purpose-built to connect travelers with experiences,accommodations, restaurants and other relevant travel destination points of interest (“POIs”). Our mission is to be the world's most trustedsource for travel and experiences. We offer travelers the ability to search, discover, book, and review experiences, hotels, and restaurants seamlessly through our two-sided marketplaces across three primary consumer-facing brands: Viator, Tripadvisor, and TheFork. Tripadvisor also plays a unique rolein broader travel planning and guidance, offering authentic traveler-submitted reviews and conten