Trip.com (TCOM) Current Deferred Revenue (2009 - 2026)
Trip.com's Current Deferred Revenue came in at $3.08 billion for Q2 2026, up 11.9% from $2.75 billion a year earlier and up 12.1% from the prior quarter.
Trip.com (TCOM) Current Deferred Revenue (2009 - 2026) Analysis & Trends
At the end of FY2025, Trip.com's Current Deferred Revenue was $2.6 billion, up 5.3% from FY2024.
- Current Deferred Revenue has increased in each of the last five years, with a five-year compound annual growth rate of 17.4% (FY2020 to FY2025).
- Going back by year, Current Deferred Revenue was $2.47 billion in FY2024 (+31.0%), $1.89 billion in FY2023 (+57.1%), $1.2 billion in FY2022 (+1.5%) and $1.18 billion in FY2021 (+1.4%).
- The five-year range for quarterly Current Deferred Revenue is $1.08 billion (Q1 2022) to $3.12 billion (Q3 2025).
- Year-over-year, Current Deferred Revenue has increased for 14 consecutive quarters, with growth averaging 20.0% over the last eight quarters.
- The fastest year-over-year change in Current Deferred Revenue over five years came in Q3 2023 (growth of 78.2%), and the weakest in Q3 2022 (a decline of 4.3%).
- Business Quant data shows TCOM's Current Deferred Revenue at $2.74 billion (Q1 2026), $2.56 billion (Q4 2025) and $3.12 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Marriott International | 93.50 Bn | 91.55 Bn | 1.55 Bn |
| 2 | Hilton Worldwide Holdings | 72.30 Bn | 68.78 Bn | 3.08 Bn |
| 3 | Royal Caribbean Cruises | 64.91 Bn | 62.49 Bn | 2.29 Bn |
| 4 | Viking Holdings | 35.75 Bn | 20.87 Bn | 996.62 Mn |
| 5 | Carnival | 30.35 Bn | 23.01 Bn | - |
| 6 | Intercontinental Hotels | 26.52 Bn | 22.08 Bn | - |
| 7 | Trip.com | 25.92 Bn | -19.63 Bn | 1.84 Bn |
| 8 | Hyatt Hotels | 15.20 Bn | 12.68 Bn | 388.00 Mn |
| 9 | H World | 13.30 Bn | 4.22 Bn | - |
| 10 | Atour Lifestyle Holdings | 8.20 Bn | 4.90 Bn | 493.22 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.08 Bn |
| Mar 31, 2026 | 2.74 Bn |
| Dec 31, 2025 | 2.56 Bn |
| Sep 30, 2025 | 3.12 Bn |
| Jun 30, 2025 | 2.75 Bn |
| Mar 31, 2025 | 2.39 Bn |
| Dec 31, 2024 | 2.51 Bn |
| Sep 30, 2024 | 2.45 Bn |
| Jun 30, 2024 | 2.28 Bn |
| Mar 31, 2024 | 1.93 Bn |
| Dec 31, 2023 | 1.86 Bn |
| Sep 30, 2023 | 1.97 Bn |
| Jun 30, 2023 | 1.86 Bn |
| Mar 31, 2023 | 1.52 Bn |
| Dec 31, 2022 | 1.16 Bn |
| Sep 30, 2022 | 1.10 Bn |
| Jun 30, 2022 | 1.17 Bn |
| Mar 31, 2022 | 1.08 Bn |
| Dec 31, 2021 | 1.18 Bn |
| Sep 30, 2021 | 1.15 Bn |
Trip.com Current Deferred Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=current-deferred-revenue&ticker=TCOM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-deferred-revenue", "ticker": "TCOM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=current-deferred-revenue&ticker=TCOM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();