Trip.com Group Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	64,787	62,409	53,294	44,510	20,039	20,023
Revenue Growth (YoY)	17.33%	17.10%	19.73%	122.12%	0.08%	9.32%
Cost of Revenue	12,747	12,122	9,990	8,121	4,513	4,598
Gross Profit	39,162	50,287	43,304	36,389	15,526	15,425
Selling, General & Admin	15,341	19,378	15,988	12,945	7,097	7,844
Research & Development	11,611	15,136	13,139	12,120	8,341	8,992
Total Operating Expenses	26,952	34,514	29,127	25,065	15,438	16,836
Operating Income	12,210	15,773	14,177	11,324	88	-1,411
Interest Income	2,526	2,603	2,341	2,090	2,046	2,132
Interest Expense	-678	-849	-1,735	-2,067	-1,514	-1,565
Other Non-Operating Income (Expense)	17,919	21,321	2,220	-667	2,015	373
Total Non-Operating Income (Expense)	19,767	23,075	2,826	-644	2,547	940
Pretax Income	31,977	38,848	17,003	10,680	2,635	-471
Provision for Income Taxes	6,070	5,815	2,604	1,750	682	270
Net Income	25,907	33,033	14,399	8,930	1,953	-741
Minority Interest in Earnings	-400	-261	-2,668	-988	550	-191
Net Income to Common	29,017	33,294	17,067	9,918	1,403	-550
Net Income Growth	127.50%	95.08%	72.08%	606.91%	-	-
Shares Outstanding (Basic)	651	658	654	653	648	634
Shares Outstanding (Diluted)	651	698	689	671	657	634
Shares Change (YoY)	-5.92%	1.41%	2.63%	2.13%	3.62%	5.53%
EPS (Basic)	44.54	50.62	26.10	15.19	2.17	-0.87
EPS (Diluted)	44.54	47.67	24.78	14.78	2.14	-0.87
EPS Growth	80.48%	92.37%	67.66%	590.65%	-	-
Free Cash Flow	-	13,582	19,034	21,398	2,144	1,905
Free Cash Flow Growth	-	-28.64%	-11.05%	898.04%	12.55%	-
Free Cash Flow Per Share	-	19.45	27.64	31.89	3.26	3.00
Dividends Per Share	-	-	2.190	-	-	-
Gross Margin	60.45%	80.58%	81.25%	81.75%	77.48%	77.04%
Operating Margin	18.85%	25.27%	26.60%	25.44%	0.44%	-7.05%
Profit Margin	39.99%	52.93%	27.02%	20.06%	9.75%	-3.70%
FCF Margin	-	21.76%	35.72%	48.07%	10.70%	9.51%
EBITDA	12,210	16,618	15,028	12,141	963	-390
EBITDA Margin	18.85%	26.63%	28.20%	27.28%	4.81%	-1.95%
EBIT	12,210	15,773	14,177	11,324	88	-1,411
EBIT Margin	18.85%	25.27%	26.60%	25.44%	0.44%	-7.05%
Effective Tax Rate	18.98%	14.97%	15.31%	16.39%	25.88%	-57.32%

SEC Filings: 10-K · 10-Q