trivago Q2 revenue up 17% YoY to €139.3mln, Referral Revenue grows 18%.

• trivago Q2 revenue up 17% YoY to €139.3 million • Referral Revenue grows 18% YoY to €138.5 million • Double-digit growth in Referral Revenue across all segments • Net loss increases to €6.5 million, Adjusted EBITDA loss improves to €5.1 million • Logged-in users on platform generate 50% of revenue

Trivago N.V. (NASDAQ: TRVG) reported a 17% year-over-year (YoY) increase in total revenue for the second quarter of 2025, reaching €139.3 million. The company's core Referral Revenue also grew by 18% YoY to €138.5 million, marking the third consecutive quarter of growth and the second consecutive quarter of double-digit increases across all geographic segments [1].

The company's strong performance was driven by robust growth across its Americas (10%), Developed Europe (20%), and Rest of World (32%) segments. This geographic diversification provides resilience to regional travel demand fluctuations. However, despite these impressive top-line results, there are some concerning profitability metrics. Trivago's net loss widened by 33% to €6.5 million compared to the same quarter last year, while the Adjusted EBITDA loss improved by 6% to €5.1 million [1].

A strategic highlight is that 20% of Referral Revenue now comes from logged-in users, suggesting progress in building user loyalty—crucial in the highly competitive online travel sector. The recently completed acquisition of Holisto Ltd. is expected to contribute low double-digit million euro revenue in 2025 and potentially enhance conversion rates [1].

Management's expectation of continued double-digit revenue growth for Q3 2025 provides a positive forward outlook, but the persistent net losses raise questions about the timeline to sustainable profitability. While Trivago appears to be successfully executing its growth strategy, investors should closely monitor whether this growth eventually translates to improving bottom-line results [1].

References:
[1] https://www.stocktitan.net/news/TRVG/trivago-reports-17-growth-in-second-consecutive-quarter-of-strong-8mmlsc9y3i1m.html