v3.25.4
Goodwill and Intangible Assets, Net (Tables)
 12 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Changes in Goodwill

The following table summarizes our goodwill activity by reportable segment for the periods presented:

 

 

 

Brand Tripadvisor

 

 

Viator

 

 

TheFork (1)

 

 

Experiences

 

 

Hotels and Other

 

 

TheFork (1)

 

 

Total

 

 

 

(in millions)

 

Balance as of December 31, 2023

 

$

601

 

 

$

120

 

 

$

108

 

 

$

—

 

 

$

—

 

 

$

—

 

 

$

829

 

Foreign currency translation adjustments

 

 

—

 

 

 

(3

)

 

 

(12

)

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(15

)

Balance as of December 31, 2024

 

$

601

 

 

$

117

 

 

$

96

 

 

$

—

 

 

$

—

 

 

$

—

 

 

$

814

 

Foreign currency translation adjustments

 

 

3

 

 

 

3

 

 

 

24

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

30

 

Re-allocation to new segments (2)

 

 

(604

)

 

 

(120

)

 

 

(120

)

 

 

310

 

 

 

414

 

 

 

120

 

 

 

—

 

Balance as of December 31, 2025

 

$

—

 

 

$

—

 

 

$

—

 

 

$

310

 

 

$

414

 

 

$

120

 

 

$

844

 

 

(1)
The carrying value of TheFork's goodwill was not impacted by the changes in our reportable segments in the fourth quarter of 2025.
(2)
Refer to “Note 18: Segment and Geographic Information” for information regarding our reportable segment changes
in the fourth quarter of 2025 and “Note 2: Significant Accounting Policies” for information regarding the Company’s re-allocation of goodwill.
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination

Intangibles

Intangible assets, acquired in business combinations and recorded at fair value on the date of purchase, consisted of the following as of the dates presented:

 

 

 

December 31,

 

 

 

2025

 

 

2024

 

 

 

(in millions)

 

Intangible assets with definite lives

 

$

203

 

 

$

195

 

Less: accumulated amortization

 

 

(200

)

 

 

(189

)

Intangible assets with definite lives, net

 

$

3

 

 

$

6

 

Intangible assets with indefinite lives (1)

 

 

30

 

 

 

30

 

Total

 

$

33

 

 

$

36

 

 

(1)
Indefinite-lived intangible assets consist of Tripadvisor trade names and trademarks.
Components of Intangible Assets with Definite Lives

The following table presents the components of our intangible assets with definite lives as of the dates presented:

 

 

 

 

 

 

December 31, 2025

 

 

December 31, 2024

 

 

 

Weighted Average

 

 

Gross

 

 

 

 

 

Net

 

 

Gross

 

 

 

 

 

Net

 

 

 

Remaining Life

 

 

Carrying

 

 

Accumulated

 

 

Carrying

 

 

Carrying

 

 

Accumulated

 

 

Carrying

 

 

 

(in years)

 

 

Amount

 

 

Amortization

 

 

Amount

 

 

Amount

 

 

Amortization

 

 

Amount

 

 

 

 

 

 

(in millions)

 

 

(in millions)

 

Trade names and trademarks

 

 

 

 

$

43

 

 

$

(43

)

 

$

—

 

 

$

44

 

 

$

(44

)

 

$

—

 

Customer lists and supplier relationships

 

 

1.9

 

 

 

95

 

 

 

(92

)

 

 

3

 

 

 

89

 

 

 

(84

)

 

 

5

 

Subscriber relationships

 

 

 

 

 

25

 

 

 

(25

)

 

 

—

 

 

 

22

 

 

 

(22

)

 

 

—

 

Technology and other

 

 

 

 

 

40

 

 

 

(40

)

 

 

—

 

 

 

40

 

 

 

(39

)

 

 

1

 

Total

 

 

1.9

 

 

$

203

 

 

$

(200

)

 

$

3

 

 

$

195

 

 

$

(189

)

 

$

6

 

 
Summary of Estimated Future Amortization Expense Related to Intangible Assets with Definite Lives

The estimated amortization expense for intangible assets with definite lives for each of the next five years, and the expense thereafter, assuming no subsequent impairment of the underlying assets or change in estimate of remaining lives, is expected to be as follows (in millions):

 

2026

 

$

2

 

2027

 

 

1

 

2028

 

 

—

 

2029

 

 

—

 

2030

 

 

—

 

2031 and thereafter

 

 

—

 

Total

 

$

3