| Quarter | Call date | Disclosure | Financial quality | Kept | Missed | |
|---|---|---|---|---|---|---|
| Q2'26 | August 6, 2026 | 8/12 | 5 medium, 3 low flags | 5 | 0 | Call sheet → |
| Q1'26 | May 7, 2026 | 8/12 | 3 medium, 3 low flags | 3 | 0 | Call sheet → |
| Q4'25 | February 12, 2026 | 8/12 | 2 medium, 4 low flags | 4 | 0 | Call sheet → |
| Marked | Status | Promise |
|---|---|---|
| Q2'26 | Pending | Expect growth to reaccelerate in the second half of the year This is a full-year/H2 commitment whose deadline has not passed; however, management explicitly revised the tone this quarter to 'a more prudent outlook for the second half of 2026', a downgrade worth tracking rather than a resolved miss. |
| Q2'26 | Delivered | Formally exploring strategic alternatives for the fork with an update expected 'in the near term' Resolved via the announced and signed definitive sale agreement for $700 million. |
| Q2'26 | Delivered | Q2 Hotels and Other revenue decline of approximately 21% to 24% H&O revenue declined 21%, at the favorable end of the guided range. |
| Q2'26 | Delivered | Q2 fork revenue growth of approximately 10% to 13% Fork revenue grew 13%, landing at the top of the guided range. |
| Q2'26 | Delivered | Q2 consolidated revenue (including the fork) down by mid-single digits Management directly stated 'relative to our expectations, which included the fork, revenue was in line and adjusted EBITDA was above expectations'. |
| Q2'26 | Delivered | Q2 experiences bookings growth of approximately 5% to 8% and revenue growth of approximately 2% to 5% Bookings grew 5%, at the very low end of the range; revenue grew 3%, within range. |
| Q1'26 | Delivered | Launch AI-native MVP rapidly Launched in Q4, serving half of web traffic in English markets |
| Q1'26 | Pending | Update on Fork strategic alternatives in near term Management confirmed good progress, update expected soon |
| Q1'26 | Pending | Marketplace businesses to be ~67% of revenue by end 2026 On track but dependent on experiences recovery |
| Q1'26 | Delivered | Hotels & Other mid to high teens revenue declines Q1 down 20%, tracking to guidance midpoint |
| Q1'26 | Exceeded | Fork margins to expand 200-300 basis points in 2026 Already delivered 600+ bps in Q1 with 8% margin vs 2% prior year |
| Q1'26 | Pending | Experiences margins to expand 300-400 basis points in 2026 Q1 was -11% due to seasonality, but full year guidance maintained |
| Q4'25 | Delivered | Revenue and EBITDA growth in 2026 Guided to modest consolidated revenue growth and margin expansion |
| Q4'25 | Pending | Geographic expansion focus on Europe given brand awareness Called out as 2026 priority but no specific investments or metrics provided yet |
| Q4'25 | Pending | Cost savings program of at least $85M annualized Program launched with $10M benefit in Q4, but full realization expected by 2027 |
| Q4'25 | Delivered | Expect bookings growth acceleration in Q4 Hit 18% bookings growth at high end of 16-18% guidance range |
| Q4'25 | Delivered | Tripadvisor and TheFork apps live in ChatGPT over next few weeks Both apps launched, with Viator app also announced as live this week |
| Q4'25 | Delivered | Launch AI-native MVP for planning phase in coming weeks in Q4 They launched the AI-native MVP in Q4 as promised, showing 'multiples higher engagement' |
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