For the year ending 2025-12-31, TRIP had -$29M decrease in cash & cash equivalents over the period. $163M in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income (loss) | 40 |
| Depreciation and amortization | 92 |
| Stock-based compensation expense (note 13) | 108 |
| Deferred income tax expense (benefit) (note 10) | -2 |
| Provision for expected credit losses (note 2) | 8 |
| Other, net | -18 |
| Accounts receivable, prepaid expenses and other assets | 8 |
| Accounts payable, accrued expenses and other liabilities | -46 |
| Deferred merchant payables | 52 |
| Income tax receivables/payables, net | -23 |
| Deferred revenue | 6 |
| Net cash provided by (used in) operating activities | 245 |
| Capital expenditures, including capitalized website development | 82 |
| Other investing activities, net | 2 |
| Net cash provided by (used in) investing activities | -84 |
| Proceeds from the issuance of term loan b facility, net of financing costs (note 8) | 341 |
| Payment of 2025 senior notes (note 8) | 0 |
| Payment of financing costs related to credit facility (note 8) | 0 |
| Principal payments on term loan b facility (note 8) | 9 |
| Repurchase of common stock related to merger, including transaction costs (note 1) | 411 |
| Repurchase of common stock under the share repurchase program (note 14) | 90 |
| Payment of withholding taxes on net share settlements of equity awards | 20 |
| Payments of finance lease obligation and other financing activities, net (note 5) | 8 |
| Net cash provided by (used in) financing activities | -197 |
| Effect of exchange rate changes on cash, cash equivalents, and restricted cash | 7 |
| Net increase (decrease) in cash, cash equivalents, and restricted cash | -29 |
| Cash and cash equivalents at beginning of period | 1,064 |
| Cash and cash equivalents at end of period | 1,035 |
TripAdvisor, Inc. (TRIP)
TripAdvisor, Inc. (TRIP)