Trustpilot Group

Trustpilot stock dropped about 10% after the company confirmed its full-year guidance instead of raising it following positive half-year results. Bookings in the first half were $171m, roughly 5% above consensus, and revenue was $151m, about 2% above estimates; on a currency-adjusted basis Trustpilot grew markedly. Strong growth was seen in North America (+27% bookings) and in the enterprise segment (+36% ARR for customers with >$20,000). Trustpilot also reported a substantial surge in AI usage (ChatGPT queries in June +400%), but investors had expected the figures to lead to an upward revision of targets. » More on de.investing.com

Trustpilot has hosted review pages for unlicensed casino brands such as MyStake, Velobet and Goldenbet, presenting them like legitimate businesses and drawing criticism from MPs and the Department for Culture, Media and Sport. The company says it removed thousands of profiles and affiliate pages that breached policy but maintains it does not verify business legitimacy and continues to adapt enforcement. Regulators warn the spread of unlicensed operators harms vulnerable gamblers, undermines self-exclusion schemes and is the focus of a new illegal gambling taskforce. » More on theguardian.com

Trustpilot reported revenue of USD 261.1 million for H2 2025 and adjusted EBITDA of USD 40.7 million (+69%). Bookings grew currency-adjusted by 18% to USD 291 million and ARR exceeded USD 300 million, after which the stock rose by around 21.9%. Management announced a £30 million share buyback program and issued an upbeat outlook, forecasting currency-adjusted revenue growth in the high single digits to low double digits for 2026 and expected EPS of USD 3.58 for 2027. AI integration and a focus on higher-value enterprise customers are expected to support further growth and margin improvements. » More on de.investing.com