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Investor Relations14 Oct 2025
Boost Your Earnings Season Strategy With Real‑Time Alerts
Quartr Pro provides real time alerts, trend analysis and live coverage, giving analysts and investors instant insights to act faster in earnings.
Trustpilot (TRST) investor relations material
Trustpilot H1 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H1 2025 earnings summary16 Sep, 2025
Executive summary
Achieved record bookings and revenue growth in H1 2025, with revenue up 23% to $122.8 million and bookings up 19% to $140 million, driven by enterprise focus, product innovation, and AI integration.
Adjusted EBITDA rose 70% to $18 million, with margin improving to 14.6% due to operating leverage and efficiency gains.
Strategic focus on enterprise customers led to a 38% CAGR in customers paying over $20,000 annually over two years.
Launched new AI-driven features and TrustLayer API, enhancing platform value, customer engagement, and operational efficiency.
Leadership transition announced, with CFO Hanno Damm to step down in 2026 after nearly a decade.
Financial highlights
Revenue increased 23% year-over-year to $122.8 million; bookings grew 17% in constant currency.
Adjusted EBITDA increased 70% to $18 million, with margin up four percentage points to 14.6%.
Adjusted free cash flow rose 157% to $15.2 million; adjusted diluted free cash flow per share up 159%.
Profit before tax up 45% year-over-year to $3.7 million; net profit was $2.5 million, down from $7.7 million due to prior year tax credit.
Gross margin improved to 82% (up from 81%); contribution margin reached 55%.
Outlook and guidance
Maintains outlook for high-teens constant currency revenue growth for the full year.
Full-year adjusted EBITDA margin expected to match H1's 14.6%, ahead of consensus.
Management confident in delivering sustainable mid-teens growth and operating leverage long-term.
AI's impact on Trustpilot's competitive moat?
Enterprise focus: long-term impact on growth?
Strategy to increase US market penetration?
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Next Trustpilot earnings date
Q4 2025 TU15 Jan, 2026
Next Trustpilot earnings date
Q4 2025 TU15 Jan, 2026
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Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
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@theshortbearx.com
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Frequently asked questions
Trustpilot Group plc is operates a leading feedback platform supporting both consumers and businesses. Today, Trustpilot has a global presence in over 190 countries, with businesses and customers using the platform to engage power users that contribute reviews on a regular basis. The core value of Trustpilot is to generate smarter buying decisions and recommendations, based on broader insights and more genuine data compared to other online rating platforms. The company was founded in 2007 and is headquartered in Copenhagen, Denmark.
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