trivago Delivers 16% Growth in Q3, Its Seventh Consecutive Double-Digit Quarter, With Highest Adjusted EBITDA Since Mid-2023

What happened

Trivago reported 16% year-over-year revenue growth in the third quarter of 2026, its seventh straight quarter of double-digit growth. Net income was EUR5.4 million and Adjusted EBITDA was EUR18.7 million, the highest since mid-2023.

Confirmed

Global impact / market context

Higher revenue and profit mean Trivago keeps more cash to reinvest in marketing and its marketplace. Faster branded traffic and more logged-in members, over 35% of Referral Revenue, suggest travelers come directly, which can lower reliance on paid ads and support steadier profit.

Analyst inference

Trivago kept its 2026 outlook for mid-teens revenue growth and about EUR30 million Adjusted EBITDA, and targets around EUR45 million for 2027. That signals management expects the current growth and cost trends to continue rather than fade.

Analyst inference

What to watch

1. Watch whether full-year 2026 revenue growth stays in the mid-teens percent range and Adjusted EBITDA lands near EUR30 million, as the company's stated outlook requires. Confirmed
2. Track the share of logged-in members and branded traffic in coming quarters, since management presents these as signs of a more resilient business built on direct traveler visits. Proposed
3. Monitor marketing spending and marketplace changes, because if direct traffic growth slows, Trivago may need more paid advertising, which would raise costs and pressure profit per sale. Analyst inference

Evidence

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