trivago Q2 FY26 net loss narrows 20% to EUR 5.2 million; revenue rises 21% to EUR 168.4 million
TRVG•Q2 results
trivago posted Q2 revenue of €168.4 million, up 21% year over year; GAAP net loss narrowed to €5.2 million.
Non-GAAP adjusted EBITDA swung to a €1.1 million gain from a loss; global return on advertising spend rose 2.8 percentage points to 121.8%.
Revenue mix and outlook
Referral revenue rose 9% to €151.4 million, while other revenue climbed to €17 million from trivago DEALS following the 2025 acquisition.
Full-year outlook was raised to mid-teens revenue growth year over year; adjusted EBITDA guidance increased to around €30 million.




