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TRST

Trustpilot

Technology

Index
FTSE 250
ISIN
Not specified
Book status
2026 edition — current
01

Company summary

Trustpilot operates a global online reviews platform connecting consumers and businesses. Companies pay for subscription products that help them collect, analyse and display customer reviews and manage online reputation.

02

Key activities

Consumer review hosting, business subscriptions, reputation-management tools, analytics, marketing integrations and enterprise review services.

03

Key markets

The UK, United States and continental Europe, serving businesses from small companies to large international enterprises.

04

Key drivers

Subscription bookings, annual recurring revenue, US expansion, enterprise customer growth, retention, pricing, operating leverage and brand awareness.

05

Key risks

Competition, fake-review and content-moderation issues, regulation, customer churn, dependence on online traffic, reputational risk and high growth expectations.

06

Recent Developments

16 July 2026: Trustpilot said first-half bookings were expected to rise 22% to about $171m, annual recurring revenue 15% to $313m and revenue 23% to around $151m. Enterprise and US growth remain especially strong; full half-year results are due on 15 September 2026 and will provide a key read on profitability and cash generation into 2027.

07

Dividend notes

Trustpilot does not currently pay an ordinary dividend. Capital returns are being made through share buybacks while cash is also retained to support continued international and product growth.

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