Trip.com Group Limited American Depositary Shares (TCOM) Financial Statements

Trip.com Group Limited American Depositary Shares

TCOM · Nasdaq

	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Total Revenue	$8.94B	$7.31B	$6.28B	$2.91B	$3.14B	$2.81B	$5.13B	$4.52B
Cost of Revenue	$1.73B	$1.37B	$1.14B	$654.00M	$721.00M	$618.00M	$1.06B	$920.00M
Gross Profit	$7.19B	$5.93B	$5.13B	$2.25B	$2.42B	$2.19B	$4.06B	$3.58B
Research & Development	$2.16B	$1.80B	$1.71B	$1.21B	$1.41B	$1.18B	$1.53B	$1.40B
Selling, General & Administrative	$640.00M	$560.00M	$527.00M	$413.00M	$459.00M	$557.00M	$472.00M	$410.00M
Operating Expenses	$4.93B	$3.99B	$3.53B	$2.24B	$2.64B	$2.41B	$3.34B	$3.21B
Operating Income	$2.26B	$1.94B	$1.59B	$15.00M	-$221.00M	-$218.00M	$723.00M	$379.00M
Interest Expense	$121.00M	$238.00M	$291.00M	$219.00M	$246.00M	$263.00M	$241.00M	$219.00M
Other Income / (Expense)	$3.05B	$304.00M	-$94.00M	$292.00M	$58.00M	-$42.00M	$521.00M	-$156.00M
Income Before Taxes	$5.56B	$2.33B	$1.50B	$385.00M	-$74.00M	-$188.00M	$1.30B	$280.00M
Provision for Income Taxes	$832.00M	$357.00M	$246.00M	$99.00M	$42.00M	$54.00M	$250.00M	$115.00M
Net Income	$4.76B	$2.34B	$1.40B	$206.00M	-$86.00M	-$497.00M	$1.01B	$162.00M
Basic Shares Outstanding	657.75M	654.04M	652.86M	648.38M	634.11M	600.89M	567.87M	68.40M
Diluted Shares Outstanding	698.38M	688.70M	671.06M	657.09M	634.11M	600.89M	641.95M	70.92M

Analyst Estimates

Period	Consensus EPS	Low	High	Estimates	Revisions
Dec 2026	$3.07	$3.03	$3.13	3	↑1 ↓2
Dec 2027	$3.44	$3.30	$3.57	3	↑0 ↓3
Dec 2028	$3.78	$3.67	$3.89	2	↑0 ↓2

Forward estimates are the sell-side consensus reported by Nasdaq, not a metir forecast.

Symbol: TCOM
Type: Stock
Sector: Consumer Discretionary
Industry: Services-Business Services, NEC
Country: Asia
Exchange: Nasdaq

Trip.com Group Limited (Nasdaq: TCOM ; HKEX: 9961) is a leading global one-stop travel platform, integrating a comprehensive suite of travel products and services and differentiated travel content. It is the go-to destination for many travelers in Asia, and increasingly for travelers around the world, to explore travel, get inspired, make informed and cost-effective travel bookings, enjoy hassle-free on-the-go support, and share travel experience. Founded in 1999 and listed on Nasdaq in 2003 and HKEX in 2021, the Company currently operates under a portfolio of brands, including Ctrip, Qunar, Trip.com, and Skyscanner, with the mission'to pursue the perfect trip for a better world.

Key Issues

Bullish view

Simply Wall St argues that Trip.com shares could be undervalued because of China hotel rules, implying regulatory changes may improve the platform's earnings opportunity or valuation.

Bearish view

The evidence does not quantify the rules' financial impact, so regulatory exposure could instead constrain hotel economics or leave the alleged discount unresolved.

Analyst Consensus

See all

Buy

17 analysts

$41

Current

—

Low

$61

Average

—

High

Average target implies +50.14% versus the current price.

Earnings History

BeatMissNo estimate

Trip.com Group Limited American Depositary Shares

Analyst Estimates

Peers