NASDAQ$TCOM
Trip.com Group Ltd-ADR · Q4 2025 earnings
Q4 2025 earnings · · After market close · Investor relations
Briefing
Trip.com Group reported FY 2025 total revenues of RMB 62.5B and net income of RMB 33.4B.
Total revenues increased 17% to RMB 62.5 billion (US$8.9 billion) with net income of RMB 33.4 billion (US$4.8 billion), up from RMB 17.2 billion in 2024. Accommodation reservation revenue was RMB 26.1 billion (42% of total); transportation ticketing RMB 22.5 billion (36%).
- Total revenue RMB 62.5B (+17% YoY).
- Net income RMB 33.4B (+94% YoY).
- Accommodation revenue RMB 26.1B (+21%).
- Transportation ticketing RMB 22.5B.
- Resilient travel demand in China and internationally.
Headline financials
Revenue & EPS history
Trip.com · Revenue · Quarterly
¥62.5B
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
Management discusses international expansion and AI-driven product investment; full-year outlook on earnings calls.
Tailwinds
- Sharp net income growth on operating leverage.
- Double-digit revenue growth across segments.
- Strong cash generation from travel recovery.
Headwinds
- Macro and geopolitical travel risk.
- Competition in OTA and super-app ecosystems.
- Regulatory environment in China.
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 Q4 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 | — | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro