TRVG (TRVG) revenue breakdown
By segment, Developed Europe is the largest at 42% of fiscal 2024 revenue; Rest of World grew fastest, -2% a year over 8 years.
By product, Referral Revenue is the largest at 99% of fiscal 2024 revenue, growing -13% a year over 5 years.
Revenue by segment
Fiscal years, as TRVG reports them in its 10-K filings; fiscal 2024 total $456M.
| Segments | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Share |
|---|---|---|---|---|---|---|---|---|---|---|
| Developed Europe | $349M | $425M | $379M | $347M | $103M | $164M | $238M | $216M | $192M | 42% |
| Americas | $286M | $392M | $316M | $305M | $89M | $140M | $216M | $176M | $174M | 38% |
| Rest of World | $111M | $204M | $205M | $171M | $46M | $46M | $68M | $85M | $90M | 20% |
Revenue by product
Fiscal years, as TRVG reports them in its 10-K filings; fiscal 2024 total $461M.
| Products | 2018 | 2020 | 2021 | 2022 | 2023 | 2024 | Share |
|---|---|---|---|---|---|---|---|
| Referral Revenue | $900M | $238M | $349M | $522M | $477M | $456M | 99% |
| Other revenue | — | $3M | $8M | $10M | $6M | $2M | 1% |
| Subscription revenue | $14M | $8M | $4M | $3M | $3M | $2M | 0% |
Revenue by region
Fiscal years, as TRVG reports them in its 10-K filings; fiscal 2025 total $549M.
| Regions | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All other countries | $323M | $536M | $510M | $492M | $137M | $157M | $223M | $210M | $184M | $229M | 42% |
| United States | $199M | $256M | $194M | $193M | $57M | $103M | $140M | $106M | $113M | $134M | 24% |
| United Kingdom | $87M | $108M | $96M | $85M | $27M | $41M | $69M | $56M | $56M | $65M | 12% |
| Japan | — | — | — | — | — | $6M | $19M | $39M | $42M | $51M | 9% |
| Germany | $77M | $85M | $73M | $68M | $27M | $42M | $53M | $45M | $39M | $38M | 7% |
| Canada | — | — | — | — | — | $12M | $32M | $29M | $27M | $34M | 6% |
| Australia | $31M | $51M | — | — | — | — | — | — | — | — | — |
| Brazil | — | — | $41M | — | — | — | — | — | — | — | — |
| Spain | $38M | — | — | — | — | — | — | — | — | — | — |
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Where does TRVG make its money?
In fiscal 2024, by segment: Developed Europe $192M, Americas $174M, Rest of World $90M.
From TRVG's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.