NASDAQ$TCOM
Trip.com Group Ltd-ADR · Q1 2025 earnings
Q1 2025 earnings · · After market close · Investor relations
Briefing
Trip.com reported strong financial performance with double-digit revenue growth and robust profitability in Q1 2025.
Trip.com Group posted a solid Q1 2025, achieving $1.91 billion in revenue and $596 million in net income, driven by a surge in international travel demand and strong platform performance across accommodation and transportation segments.
- Total revenue reached $1.91 billion, up from $1.59 billion a year ago.
- Net income remained stable YoY at $596 million, with improved profitability QoQ.
- Adjusted EBITDA rose to $586 million, reflecting healthy margins.
- Outbound hotel and air ticket bookings exceeded 120% of pre-COVID levels.
Headline financials
Revenue & EPS history
Trip.com · Revenue · Quarterly
$1.91B
Revenue by segment
Trip.com · $16.7B total across 4 segments · Q3 2025
- Accommodation reservation$8B—48.0%
- Transportation ticketing$6.3B—37.8%
- Packaged tours$1.6B—9.6%
- Corporate travel$756M—4.5%
Forward guidance
Trip.com remains optimistic about sustained travel demand, backed by favorable policies and rising outbound travel volumes.
Tailwinds
- Strong momentum in international outbound travel.
- High demand across accommodation and transportation segments.
- Resilient consumer demand post-pandemic.
- Localized and customer-centric product development strategy.
- Well-diversified global presence reducing regional risk.
Headwinds
- Seasonality impacted corporate travel revenue QoQ.
- Higher sales and marketing expenses YoY.
- Continued fluctuation in tax rates due to deferred liabilities.
- Exchange rate sensitivity affecting international reporting.
- Potential global economic uncertainties may impact future growth.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2025
+1.4%
Avg return
Earnings day
+0.4%
Avg return
5 days after
+0.0%
Avg return
30 days after
55%
36 / 66 earnings
Positive
+27.1%
Q1 2013
Best reaction
-19.6%
Q3 2011
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +1.7% | +0.5% | — | |
| Q4 2025 | -2.7% | +0.9% | -9.4% | |
| Q3 2025 | +0.3% | +6.6% | +2.5% | |
| Q2 2025 | +14.8% | +9.6% | +16.3% | |
| Q1 2025 | -5.5% | -7.1% | -15.7% | |
| Q4 2024 | -11.4% | -12.3% | +0.8% | |
| Q3 2024 | +5.5% | +7.0% | +20.2% | |
| Q2 2024 | +9.0% | +11.8% | +21.1% | |
| Q1 2024 | -1.8% | -7.5% | -12.4% | |
| Q4 2023 | +7.8% | +10.8% | +8.6% | |
| Q3 2023 | -7.5% | -0.3% | -5.0% | |
| Q2 2023 | -5.3% | -11.1% | -18.0% | |
| Q1 2023 | +2.9% | +4.8% | -1.5% | |
| Q4 2022 | -3.1% | -6.8% | -5.1% | |
| Q3 2022 | +3.9% | +3.6% | +12.6% | |
| Q2 2022 | -4.1% | +2.5% | -10.3% | |
| Q1 2022 | +15.1% | +17.5% | +12.3% | |
| Q4 2021 | +1.3% | -3.0% | -9.8% | |
| Q3 2021 | -10.2% | -13.0% | -5.1% | |
| Q2 2021 | +0.5% | +3.8% | +5.3% | |
| Q1 2021 | +5.4% | +2.2% | -4.3% | |
| Q4 2020 | -1.8% | -1.5% | +0.9% | |
| Q3 2020 | -1.3% | +4.4% | +0.4% | |
| Q2 2020 | +9.0% | +13.1% | +12.9% | |
| Q1 2020 | +2.9% | +3.2% | +0.7% | |
| Q4 2019 | -0.2% | -4.4% | +3.2% | |
| Q3 2019 | -7.3% | -6.9% | +0.0% | |
| Q2 2019 | -2.2% | +3.1% | -16.9% | |
| Q1 2019 | -3.8% | -7.2% | -4.9% | |
| Q4 2018 | +22.0% | +18.8% | +31.3% | |
| Q3 2018 | -16.9% | -23.9% | -14.9% | |
| Q2 2018 | +1.4% | -4.2% | -8.0% | |
| Q4 2017 | -2.1% | -0.2% | -10.0% | |
| Q3 2017 | -3.0% | -4.1% | -3.3% | |
| Q2 2017 | -1.4% | -2.9% | +1.1% | |
| Q1 2017 | -3.5% | +0.5% | -0.5% | |
| Q4 2016 | +2.6% | +2.6% | +4.5% | |
| Q3 2016 | +7.5% | +6.9% | -4.5% | |
| Q2 2016 | +3.4% | +1.2% | -1.6% | |
| Q1 2016 | -0.7% | -2.4% | +7.4% | |
| Q4 2015 | +3.8% | — | — | |
| Q3 2015 | +18.7% | — | — | |
| Q2 2015 | +9.8% | — | — | |
| Q1 2015 | +9.2% | — | — | |
| Q4 2014 | +24.6% | — | — | |
| Q3 2014 | -9.2% | — | — | |
| Q2 2014 | -1.3% | — | — | |
| Q1 2014 | -6.4% | — | — | |
| Q4 2013 | +10.5% | — | — | |
| Q3 2013 | -8.6% | — | — | |
| Q2 2013 | +19.8% | — | — | |
| Q1 2013 | +27.1% | — | — | |
| Q4 2012 | +2.3% | — | — | |
| Q3 2012 | +0.7% | — | — | |
| Q2 2012 | +0.7% | — | — | |
| Q1 2012 | +0.5% | — | — | |
| Q4 2011 | +2.2% | — | — | |
| Q3 2011 | -19.6% | — | — | |
| Q2 2011 | -11.9% | — | — | |
| Q1 2011 | -6.6% | — | — | |
| Q4 2009 | +2.0% | — | — | |
| Q4 2010 | +2.0% | — | — | |
| Q4 2008 | +2.0% | — | — | |
| Q3 2010 | -8.5% | — | — | |
| Q2 2010 | -6.8% | — | — | |
| Q1 2010 | +11.1% | — | — | |
| Q3 2009 | — | — | — | |
| Q2 2009 | — | — | — | |
| Q1 2009 | — | — | — | |
| Q3 2008 | — | — | — | |
| Q1 2008 | — | — | — | |
| Q3 2007 | — | — | — | |
| Q4 2007 | — | — | — |
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