trivago N.V. announced its financial results for the second quarter ended June 30, 2025, reporting total revenues of €139.3 million, a 17% increase year-over-year. Referral Revenue increased 18% to €138.5 million, marking the third consecutive quarter of growth and second consecutive quarter of double-digit growth across all segments.
The company reported an Adjusted EBITDA loss of €5.1 million in Q2 2025, similar to its 2024 performance, while increasing Advertising Spend by 22% or €20.9 million year-over-year. Global Return on Advertising Spend (ROAS) was maintained at 119.0%.
trivago completed the acquisition of Holisto Limited on July 31, 2025, for approximately €22.3 million (USD 25.5 million). Holisto is an AI-driven travel technology platform that will expand trivago's booking funnel. For the full year 2025, trivago reiterated its guidance for mid-teens percentage revenue growth and positive Adjusted EBITDA similar to 2024 levels, with Holisto expected to contribute low double-digit million euros in revenue for the remaining five months at near breakeven.
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