Trip.com Group Limited (TCOM) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 |
|---|
| Sales/Revenue | 15.19B | 18.34B | 14.84B | 13.83B | 12.74B | 15.87B | 12.77B | 11.9B | 10.32B | 13.74B | 11.25B | 9.2B | 5.03B | 6.89B | 4.01B | 4.11B | 4.68B | 5.34B | 5.89B | 4.11B |
| Revenue Growth % | 19.16% | 15.53% | 16.22% | 16.17% | 23.43% | 15.52% | 13.56% | 29.43% | 105.39% | 99.36% | 180.4% | 123.85% | 7.39% | 28.97% | -31.9% | 0.02% | -5.7% | -2.16% | 86.45% | -13.17% |
| Cost of Goods Sold | 3.2B | 3.36B | 2.82B | 2.71B | 2.64B | 2.8B | 2.31B | 2.24B | 2.01B | 2.47B | 2.01B | 1.64B | 1.2B | 1.27B | 976M | 1.07B | 1.12B | 1.22B | 1.22B | 1.03B |
| COGS % of Revenue | 21.04% | 18.32% | 18.99% | 19.56% | 20.72% | 17.64% | 18.1% | 18.8% | 19.47% | 17.95% | 17.84% | 17.8% | 23.85% | 18.44% | 24.33% | 25.97% | 23.88% | 22.89% | 20.76% | 25.17% |
| Gross Profit | 11.99B | 14.98B | 12.03B | 11.13B | 10.1B | 13.07B | 10.46B | 9.67B | 8.31B | 11.27B | 9.24B | 7.56B | 3.83B | 5.62B | 3.04B | 3.04B | 3.56B | 4.12B | 4.67B | 3.07B |
| Gross Margin % | 78.96% | 81.68% | 81.01% | 80.44% | 79.28% | 82.36% | 81.9% | 81.2% | 80.53% | 82.05% | 82.16% | 82.2% | 76.15% | 81.56% | 75.67% | 74.03% | 76.12% | 77.11% | 79.24% | 74.83% |
| Gross Profit Growth % | 18.67% | 14.58% | 14.96% | 15.08% | 21.52% | 15.97% | 13.2% | 27.85% | 117.22% | 100.55% | 204.45% | 148.55% | 7.44% | 36.4% | -34.97% | -1.04% | -12.11% | -7.04% | 104.07% | -12.45% |
| Operating Expenses | 9.49B | 9.4B | 7.92B | 7.56B | 7.8B | 8.07B | 6.91B | 6.35B | 6.12B | 7.36B | 6.26B | 5.32B | 4.07B | 4.77B | 3.2B | 3.4B | 4.27B | 4.37B | 4.34B | 3.86B |
| OpEx % of Revenue | 62.5% | 51.29% | 53.38% | 54.68% | 61.23% | 50.82% | 54.06% | 53.36% | 59.25% | 53.6% | 55.69% | 57.84% | 80.92% | 69.17% | 79.83% | 82.77% | 91.16% | 81.72% | 73.7% | 93.99% |
| Selling, General & Admin | 5.52B | 5.32B | 4.42B | 4.04B | 4.41B | 4.43B | 3.91B | 3.24B | 3.2B | 3.79B | 3.31B | 2.65B | 1.96B | 2.28B | 1.43B | 1.43B | 2.03B | 2.06B | 2.12B | 1.64B |
| SG&A % of Revenue | 36.34% | 29.02% | 29.8% | 29.19% | 34.57% | 27.89% | 30.63% | 27.24% | 31.01% | 27.56% | 29.43% | 28.77% | 39.07% | 33.02% | 35.65% | 34.73% | 43.39% | 38.59% | 35.91% | 39.82% |
| Research & Development | 3.97B | 4.08B | 3.5B | 3.52B | 3.4B | 3.64B | 2.99B | 3.11B | 2.92B | 3.58B | 2.95B | 2.67B | 2.1B | 2.49B | 1.77B | 1.97B | 2.24B | 2.31B | 2.23B | 2.23B |
| R&D % of Revenue | 26.16% | 22.27% | 23.58% | 25.49% | 26.66% | 22.93% | 23.43% | 26.12% | 28.24% | 26.03% | 26.26% | 29.07% | 41.85% | 36.14% | 44.18% | 48.04% | 47.77% | 43.13% | 37.79% | 54.16% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 2.5B | 5.57B | 4.1B | 3.56B | 2.3B | 5.01B | 3.56B | 3.31B | 2.2B | 3.91B | 2.98B | 2.24B | -240M | 854M | -167M | -359M | -704M | -246M | 326M | -787M |
| Operating Margin % | 16.46% | 30.4% | 27.64% | 25.76% | 18.06% | 31.54% | 27.83% | 27.85% | 21.28% | 28.45% | 26.47% | 24.36% | -4.77% | 12.39% | -4.16% | -8.74% | -15.04% | -4.6% | 5.53% | -19.16% |
| Operating Income Growth % | 8.61% | 11.35% | 15.39% | 7.48% | 4.73% | 28.06% | 19.42% | 47.93% | 1015.42% | 357.73% | 1882.63% | 724.23% | 65.91% | 447.15% | -151.23% | 54.38% | -4300% | -131.14% | 147.38% | 47.85% |
| EBITDA | 2.71B | 5.78B | 4.31B | 3.77B | 2.51B | 5.21B | 3.76B | 3.52B | 2.4B | 4.13B | 3.19B | 2.44B | -22M | 1.11B | 87.5M | -104.5M | -449.5M | 57.5M | 629.5M | -483.5M |
| EBITDA Margin % | 17.87% | 31.55% | 29.06% | 27.3% | 19.72% | 32.82% | 29.47% | 29.6% | 23.25% | 30.04% | 28.41% | 26.55% | -0.44% | 16.08% | 2.18% | -2.54% | -9.6% | 1.08% | 10.69% | -11.77% |
| EBITDA Growth % | 7.96% | 11.05% | 14.61% | 7.12% | 4.69% | 26.23% | 17.81% | 44.31% | 11011.36% | 272.3% | 3551.43% | 2436.84% | 95.11% | 1827.83% | -86.1% | 78.39% | -256.35% | -94.59% | 251.78% | 60.87% |
| D&A (Non-Cash Add-back) | 214M | 210.89M | 212M | 212M | 212M | 203.5M | 209M | 209M | 203.5M | 218M | 218M | 201M | 218M | 254.5M | 254.5M | 254.5M | 254.5M | 303.5M | 303.5M | 303.5M |
| EBIT | 5.15B | 23.16B | 6.14B | 5.24B | 3.04B | 7.94B | 5.09B | 5.49B | 2.24B | 5.62B | 1.76B | 4.2B | 2.75B | 917M | 567M | -674M | -488M | -391M | -144M | -787M |
| Net Interest Income | 556.22M | 492M | 344M | 354M | 194M | 199M | 120M | 93M | 96M | 14M | -42M | -45M | 31M | 58M | 193M | 250M | 399M | 103M | 54M | 11M |
| Interest Income | 669.63M | 675M | 609M | 640M | 517M | 598M | 634M | 592M | 593M | 543M | 513M | 441M | 458M | 453M | 544M | 591M | 757M | 485M | 472M | 418M |
| Interest Expense | 113.41M | 183M | 265M | 286M | 323M | 399M | 514M | 499M | 497M | 529M | 555M | 486M | 427M | 395M | 351M | 341M | 358M | 382M | 418M | 407M |
| Other Income/Expense | 2.54B | 17.69B | 1.78B | 1.39B | 416M | 2.54B | 1.03B | 1.67B | -456M | 1.18B | -1.77B | 1.47B | 2.57B | -332M | 383M | -656M | -142M | -527M | -888M | 2.59B |
| Pretax Income | 5.04B | 23.26B | 5.88B | 4.95B | 2.72B | 7.54B | 4.58B | 4.99B | 1.74B | 5.09B | 1.21B | 3.71B | 2.33B | 522M | 216M | -1.01B | -846M | -773M | -562M | 1.81B |
| Pretax Margin % | 33.17% | 126.86% | 39.6% | 35.81% | 21.32% | 47.53% | 35.87% | 41.91% | 16.86% | 37.02% | 10.76% | 40.39% | 46.27% | 7.57% | 5.39% | -24.7% | -18.07% | -14.46% | -9.54% | 43.96% |
| Income Tax | 823.48M | 3.34B | 998M | 638M | 526M | 721M | 693M | 664M | 399M | 448M | 562M | 341M | 246M | 277M | 173M | -14M | 37M | 95M | 97M | 41M |
| Effective Tax Rate % | 16.35% | 14.37% | 16.98% | 12.88% | 19.36% | 9.56% | 15.13% | 13.31% | 22.92% | 8.81% | 46.45% | 9.18% | 10.58% | 53.07% | 80.09% | 1.38% | -4.37% | -12.29% | -17.26% | 2.27% |
| Net Income | 4.22B | 19.89B | 4.85B | 4.28B | 2.16B | 6.76B | 3.83B | 4.31B | 1.3B | 4.62B | 631M | 3.38B | 2.06B | 266M | 69M | -989M | -834M | -849M | -647M | 1.78B |
| Net Margin % | 27.8% | 108.46% | 32.65% | 30.93% | 16.93% | 42.62% | 30.01% | 36.22% | 12.56% | 33.59% | 5.61% | 36.69% | 40.92% | 3.86% | 1.72% | -24.07% | -17.82% | -15.89% | -10.98% | 43.33% |
| Net Income Growth % | 95.73% | 194.01% | 26.43% | -0.81% | 66.31% | 46.59% | 507.45% | 27.76% | -36.95% | 1634.96% | 814.49% | 441.25% | 346.64% | 131.33% | 110.66% | -155.56% | -183.07% | -153.8% | -35.92% | 133.25% |
| Net Income (Continuing) | 4.21B | 19.92B | 4.88B | 4.31B | 2.19B | 6.82B | 3.89B | 4.33B | 1.34B | 4.64B | 648M | 3.37B | 2.08B | 245M | 43M | -1B | -883M | -868M | -659M | 1.76B |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 1.65B | 1.75B | 1.04B | 1B | 932M | 984M | 892M | 835M | 822M | 791M | 752M | 737M | 736M | 713M | 736M | 762M | 779M | 924M | 935M | 946M |
| EPS (Diluted) | 6.01 | 28.61 | 6.97 | 6.09 | 3.09 | 9.93 | 5.57 | 6.38 | 1.94 | 6.84 | 0.94 | 5.02 | 3.12 | 0.22 | 0.49 | -1.24 | -1.29 | -1.32 | -1.02 | 2.88 |
| EPS Growth % | 94.5% | 188.12% | 25.13% | -4.55% | 59.28% | 45.18% | 492.55% | 27.09% | -37.82% | 3009.09% | 91.84% | 504.84% | 341.86% | 116.67% | 148.04% | -143.06% | -178.18% | -150.57% | -29.11% | 132.07% |
| EPS (Basic) | 6.43 | 30.36 | 7.34 | 6.48 | 3.28 | 10.37 | 5.84 | 6.62 | 1.99 | 7.05 | 0.97 | 5.18 | 3.17 | 0.22 | 0.50 | -1.24 | -1.30 | -1.32 | -1.02 | 2.95 |
| Diluted Shares Outstanding | 700.45M | 695.04M | 695.71M | 702.14M | 698.17M | 687.98M | 687.98M | 675.93M | 668.33M | 674.13M | 671.94M | 672.74M | 658.66M | 653.49M | 650.91M | 647.81M | 646.21M | 643.86M | 635.48M | 629.54M |
| Basic Shares Outstanding | 655.91M | 655.04M | 659.92M | 660.2M | 698.06M | 688.15M | 655.86M | 651.35M | 668.56M | 654.15M | 653.39M | 651.85M | 649.89M | 647.91M | 647.87M | 647.81M | 643.51M | 643.18M | 634.31M | 604.6M |
| Dividend Payout Ratio | 33.71% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |