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Edge23 Jan 2026
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Trustpilot Group
Trustpilot Group (TRST) investor relations material
Trustpilot Group Q4 2025 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 TU earnings summary13 Jan, 2026
Executive summary
FY25 bookings expected at $291m, up 22% year-over-year and 18% at constant currency, with revenue projected at $261m, a 24% increase year-over-year and 20% at constant currency.
Adjusted EBITDA projected to exceed market expectations, with strong cash generation and a year-end cash balance of $48m after $72m in share buybacks.
Growth accelerated in H2, driven by new business and enterprise customers, supported by AI-enabled product innovation and improved gross dollar retention.
Financial highlights
Bookings grew 22% year-over-year to $291m, with ARR up 28% to $296m and revenue up 24% to $261m.
Net dollar retention rate expected at 102%, with gross retention improving to 87%.
Adjusted EBITDA margin consensus at 14.6%, with actual results projected ahead of expectations.
Outlook and guidance
Intends to extend share buyback program by up to £10m ($13m) due to strong cash position and confidence in future cash generation.
FY25 analyst consensus was for 18% constant currency revenue growth and $37m adjusted EBITDA.
Impact of package migration on net retention?
AI answer engine optimization's growth impact?
Update on Italian regulatory challenge.
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Next Trustpilot Group earnings date
H2 202517 Mar, 2026
Trustpilot Group
Next Trustpilot Group earnings date
H2 202517 Mar, 2026
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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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