v3.25.3
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE (LOSS) INCOME - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Jun. 30, 2025
Mar. 31, 2025
Sep. 30, 2024
Jun. 30, 2024
Mar. 31, 2024
Sep. 30, 2025
Sep. 30, 2024
Income Statement [Abstract]                
Revenue $ 55,541     $ 69,114     $ 184,538 $ 216,741
Cost of revenue 38,120     49,620     124,200 149,345
Gain on lease termination 0     (29,895)     0 (29,895)
Gross margin 17,421     49,389     60,338 97,291
General and administrative 9,658     19,795     31,396 48,438
Sales and marketing 5,706     7,209     16,038 24,707
Operations 3,820     5,269     13,232 17,058
Technology and development 929     1,728     3,133 6,044
Depreciation and amortization 948     1,010     2,967 3,024
Interest expense, net 513     454     1,467 1,150
Loss (gain) on fair value instruments 281     158     55 (3,675)
Restructuring charges 0     6,985     0 6,985
Other expense (income), net 2     8     53 (269)
(Loss) income and comprehensive (loss) income before income taxes (4,436)     6,773     (8,003) (6,171)
Income tax expense 85     151     209 351
Net (loss) income and comprehensive (loss) income (4,521) $ (5,313) $ 1,622 6,622 $ (15,393) $ 2,249 (8,212) (6,522)
Net (loss) income and comprehensive (loss) income attributable to noncontrolling interests 0     (2,290)     0 3,410
Net (loss) income and comprehensive (loss) income attributable to Inspirato Incorporated $ (4,521)     $ 4,332     $ (8,212) $ (3,112)
(Loss) Income Attributable to Inspirato Incorporated per Class A Share                
Basic net (loss) income attributable to Inspirato Incorporated per Class A share (in dollars per share) $ (0.36)     $ 0.77     $ (0.67) $ (0.72)
Diluted net (loss) income attributable to Inspirato Incorporated per Class A share (in dollars per share) $ (0.36)     $ 0.62     $ (0.67) $ (0.72)