Trip.com (TCOM) Intangibles (2009 - 2025)

Trip.com (TCOM) recorded quarterly Intangibles of $21.3 million in Q4 2025, down 98.84% quarter-over-quarter from $1.8 billion in Q3 2025, and up 98.61% on a YoY basis from $10.7 million in Q4 2024.

Trip.com (TCOM) Intangibles (2009 - 2025) Analysis & Trends

Trip.com's Intangibles history runs 17 years deep, the most recent figure standing at $21.3 million for Q4 2025.

  • In Q4 2025, Intangibles rose 98.61% year-over-year to $21.3 million; the TTM figure through Dec 2025 stood at $21.3 million (up 98.61% YoY), while the FY2025 annual figure was $22.0 million, up 100.0% from the prior year.
  • Intangibles was $21.3 million for Q4 2025 at Trip.com, down from $1.8 billion in the prior quarter.
  • In the past five years, Intangibles ranged from a high of $2.0 billion in Q1 2022 to a low of $10.7 million in Q4 2024.
  • Historically, Intangibles has averaged $1.4 billion across 5 years, with a median of $1.8 billion in 2022.
  • The sharpest annual moves came in 2022 and 2025: Intangibles declined 13.24% in 2022, then soared 98.61% in 2025.
  • A 5-year view of Intangibles shows it stood at $13.5 million in 2021, then slipped by 13.24% to $11.7 million in 2022, then dropped by 4.79% to $11.1 million in 2023, then decreased by 3.52% to $10.7 million in 2024, then jumped by 98.61% to $21.3 million in 2025.
  • The last three Intangibles figures came in at $21.3 million (Q4 2025), $1.8 billion (Q3 2025), and $1.8 billion (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Intangibles (Qtr)
1 Booking Holdings 131.01 Bn 114.99 Bn 3.46 Bn 882.00 Mn
2 Airbnb 79.86 Bn 67.85 Bn 2.10 Bn -
3 Royal Caribbean Cruises 75.60 Bn 75.08 Bn 2.21 Bn -
4 Carnival 37.80 Bn 36.39 Bn - 1.18 Bn
5 Expedia 27.88 Bn 22.09 Bn 3.05 Bn 887.00 Mn
6 Norwegian Cruise Line Holdings 8.56 Bn 8.38 Bn 953.34 Mn 500.53 Mn
7 Global Business Travel 4.79 Bn 4.35 Bn 714.00 Mn 821.00 Mn
8 Travel & Leisure 4.51 Bn 4.25 Bn 926.00 Mn 200.00 Mn
9 Trip.com 4.42 Bn -788.25 Mn 1.74 Bn 21.29 Mn
10 MakeMyTrip 2.12 Bn 1.35 Bn - 552.25 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 21.29 Mn
Sep 30, 2025 1.84 Bn
Jun 30, 2025 1.81 Bn
Mar 31, 2025 1.77 Bn
Dec 31, 2024 10.72 Mn
Sep 30, 2024 1.84 Bn
Jun 30, 2024 1.73 Bn
Mar 31, 2024 1.75 Bn
Dec 31, 2023 11.11 Mn
Sep 30, 2023 1.74 Bn
Jun 30, 2023 1.76 Bn
Mar 31, 2023 1.86 Bn
Dec 31, 2022 11.67 Mn
Sep 30, 2022 1.81 Bn
Jun 30, 2022 1.93 Bn
Mar 31, 2022 2.05 Bn
Dec 31, 2021 13.45 Mn
Sep 30, 2021 2.04 Bn
Jun 30, 2021 2.04 Bn
Mar 31, 2021 2.02 Bn