Trivago (NasdaqGS:TRVG) Profit Swing To €0.21 EPS Tests Bullish Narratives

trivago (NasdaqGS:TRVG) has capped FY 2025 with fourth quarter revenue of €119.96 million and basic EPS of €0.21, setting up a cleaner profit picture after earlier losses in the year. Over recent periods, revenue has moved from €94.78 million in Q4 2024 to €119.96 million in Q4 2025, while quarterly EPS has shifted from €0.07 a year ago through losses of €0.11 and €0.09 in Q1 and Q2 2025 to €0.16 in Q3 and €0.21 in Q4. This gives investors a clearer read on how the business is converting sales into earnings. With trailing twelve month EPS at €0.16 on €548.91 million of revenue, the latest results put the focus squarely on how durable these margin gains really are.

See our full analysis for trivago.

With the headline numbers on the table, the next step is to see how this profitability turn aligns with the prevailing stories around trivago, and where the data may push investors to rethink those narratives.

Curious how numbers become stories that shape markets? Explore Community Narratives

TTM profit of €11.22 million after earlier losses

• On a trailing twelve month basis trivago recorded net income of €11.22 million and basic EPS of €0.16, compared with TTM figures of a €23.70 million loss and EPS of €0.34 loss at the end of Q4 2024.
• What stands out for the bullish side is that Q1 and Q2 2025 showed quarterly losses of €7.80 million and €6.50 million, yet by Q3 and Q4 the company reported profits of €11.03 million and €14.49 million. This strongly supports the bullish view that the business can generate earnings, while also raising the question of how repeatable that swing from loss to profit is over time.
  • Bulls who point to the company having become profitable over the last five years see the move from a TTM loss of €24.67 million at Q2 2025 to a TTM profit of €11.22 million at Q4 2025 as evidence that recent profit is not just a one off.
  • At the same time, the fact that earnings forecasts are around 10.7% annual growth, rather than very high growth, gives bulls a more measured backdrop rather than an aggressive acceleration story.

Over two earnings turns from loss to profit, bulls argue trivago has quietly rebuilt profitability, but the TTM swing still leaves room for debate on how stable those margins are. 📊 Read the full trivago Consensus Narrative.

Revenue growth slower than wider market

• Revenue on a trailing twelve month basis is €548.91 million, compared with €460.85 million a year earlier, and forward looking estimates in the analysis point to revenue growth of about 8.4% per year versus an indicated 10.1% per year for the broader US market.
• Bears argue that slower revenue growth is a key weak spot, and the data supports that concern because even though quarterly revenue moved between €124.11 million and €165.58 million through FY 2025, the forecast 8.4% annual pace sits below the 10.1% rate flagged for the market. This suggests the top line is not expected to keep up with many peers.
  • Critics also highlight that Q3 2025 revenue of €165.58 million was followed by €119.96 million in Q4, a reminder that revenue can move around from period to period even as full year trends look smoother.
  • For investors who focus on sales driven stories, this gap between the company’s 8.4% revenue outlook and the 10.1% market figure is what keeps the bearish narrative focused on growth rather than just profitability.

P/E of 15.7x with DCF fair value far above price

• The shares trade at €2.95 with a P/E of 15.7x, above the US Interactive Media & Services industry average of 13.7x and a peer average of 11.4x, while the provided DCF fair value of €10.83 sits far above the current price.
• What is unusual for both bullish and bearish investors is the combination of a higher than peer P/E and a share price that is indicated as about 72.8% below the €10.83 DCF fair value. This creates tension between a model that points to upside and market pricing that already gives the stock a premium multiple compared with many peers.
  • Supporters who lean bullish can point out that the company is now profitable on a TTM basis with €11.22 million of net income, so a positive earnings base exists behind that 15.7x P/E.
  • Skeptics focus on the fact that earnings growth is projected around 10.7% per year, below the 15.6% figure given for the wider US market, and argue that paying a richer P/E multiple for slower growth is exactly what the bearish narrative is worried about.

Next Steps

Don't just look at this quarter; the real story is in the long-term trend. We've done an in-depth analysis on trivago's growth and its valuation to see if today's price is a bargain. Add the company to your watchlist or portfolio now so you don't miss the next big move.

See What Else Is Out There

trivago’s slower forecast revenue and earnings growth compared with the wider US market, along with some profit volatility, leaves question marks around consistency and momentum.

If you want ideas with a steadier growth story, check out our stable growth stocks screener (2189 results) to focus on companies that have shown more consistent revenue and earnings trends over time.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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