Business
Profitability ahead of expectations
Trustpilot Group plc reported strong financial results for the year ended December 31, 2025, with bookings increasing 18% in constant currency to $291.4 million and revenue growing 20% constant currency to $261.1 million. Profitability exceeded expectations, with adjusted EBITDA rising 69% to $40.7 million, resulting in an improved adjusted EBITDA margin of 15.6%. Operating profit saw a significant increase of 320% to $16.0 million, and adjusted free cash flow more than doubled to $46.6 million. The company also announced plans for a further share buyback of approximately $30 million. Disclaimer*
About this update from Trustpilot Group Plc
[{"type":"text","content":"\n \nTrustpilot Group plc \nResults for the year ended 31 December 2025\n \n17 March 2026 \n \nStrong FY25 results supported by AI growth; profitability ahead of expectations\nAs the world's largest open customer feedback platform, Trustpilot provides businesses with authentic customer insight and data needed to build trust in an AI-driven world. We monetise through a high-margin B2B subscription model that prioritises content integrity, delivering consistent growth as we capture a vast global market opportunity. Trustpilot is the trust platform for an AI world.\n\n\n\n\n$m unless stated otherwise\n\n\n2025\n\n\n2024\n\n\n(+/-) % actual\n\n\n(+/-) % constant currency\n\n\n\n\nBookings1\n\n\n291.4\n\n\n239.0\n\n\n 22 %\n\n\n 18 %\n\n\n\n\nRevenue\n\n\n261.1\n\n\n210.7\n\n\n 24 %\n\n\n 20 %\n\n\n\n\nAdjusted EBITDA*\n\n\n40.7\n\n\n24.1\n\n\n 69 %\n\n\n \n\n\n\n\nAdjusted EBITDA margin*\n\n\n 15.6 %\n\n\n 11.4 %\n\n\n4.2 ppt\n\n\n \n\n\n\n\nOperating profit\n\n\n16.0\n\n\n3.8\n\n\n 320 %\n\n\n \n\n\n\n\nProfit before tax\n\n\n14.1\n\n\n5.2\n\n\n 172 %\n\n\n \n\n\n\n\nDiluted EPS (cents)\n\n\n1.8\n\n\n1.4\n\n\n 29 %\n\n\n \n\n\n\n\nAdjusted diluted EPS (cents)2\n\n\n4.8\n\n\n3.1\n\n\n 57 %\n\n\n \n\n\n\n\nOperating cash flow\n\n\n59.2\n\n\n29.4\n\n\n 102 %\n\n\n \n\n\n\n\nAdjusted free cash flow*\n\n\n46.6\n\n\n17.1\n\n\n 173 %\n\n\n \n\n\n\n\nAdjusted dilut...