Trip.com TCOM
NASDAQ TCOM
$41.03 -0.37 (-0.89%)
At close: Sep 4, 2026 · 4:00 PM EDT

Trip.com (TCOM) Net Margin (2009 - 2026)

Trip.com (TCOM) posted Net Margin of 33.89% for Q1 2026, up 25.48% on a QoQ basis from 27.0% in Q4 2025, and down 313.0% year-over-year from 15.91% in Q1 2025.

Analysis

Trip.com (TCOM) Net Margin (2009 - 2026) Analysis & Trends

Trip.com has reported Net Margin for 18 years, with the latest figure at 33.89% in Q1 2026.

  • On a quarterly basis, Net Margin fell 313.0% year-over-year to 33.89% in Q1 2026; TTM through Mar 2026 was 39.0%, a 115.0% increase from a year earlier, with the FY2025 full-year figure at 0.04%, down 3679.0% from the prior year.
  • Net Margin was 33.89% for Q1 2026 at Trip.com, up from 27.0% in the prior quarter.
  • The five-year high for Net Margin was 519.0% in Q4 2023, with the low at 13.57% in Q1 2022.
  • Average Net Margin over 5 years is 62.89%, with a median of 38.25% recorded in 2023.
  • The sharpest annual moves came in 2023 and 2024: Net Margin soared 50119 bps in 2023, then slumped 49030 bps in 2024.
  • Over 5 years, Net Margin stood at 17.81% in 2022, then jumped by 2814 bps to 519.0% in 2023, then plunged by 94 bps to 28.7% in 2024, then dropped by 6 bps to 27.0% in 2025, then gained by 25 bps to 33.89% in 2026.
  • The last three Net Margin figures came in at 33.89% (Q1 2026), 27.0% (Q4 2025), and 52.94% (Q3 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Trip.com 26.65 Bn 15.19 Bn 1.86 Bn 33.89%
2 Yatra Online 6.38 Bn 6.42 Bn 12.97 Mn 1.83%
3 Global Business Travel 4.95 Bn 4.48 Bn 514.00 Mn 1.72%
4 Ambitions Enterprise Management Co. L.L.C 36.55 Mn 33.39 Mn - -
5 JX Luxventure 5.82 Mn 5.11 Mn - -
6 Maitong Sunshine Cultural Development 1.92 Mn 1.91 Mn - -
7 Wetour Robotics 560,999.99 377,549.02 - -
8 Tuniu 5.03 -154.31 Mn 11.27 Mn 0.51%
Historic Data

Historic Data

Download Data
DateValue
Mar 31, 2026 33.89%
Dec 31, 2025 27.00%
Sep 30, 2025 52.94%
Jun 30, 2025 40.19%
Mar 31, 2025 37.02%
Dec 31, 2024 28.70%
Sep 30, 2024 42.25%
Jun 30, 2024 42.18%
Mar 31, 2024 42.94%
Dec 31, 2023 519.00%
Sep 30, 2023 39.82%
Jun 30, 2023 40.93%
Mar 31, 2023 38.25%
Dec 31, 2022 17.81%
Sep 30, 2022 29.86%
Jun 30, 2022 22.81%
Mar 31, 2022 13.57%
Dec 31, 2021 9.52%
Sep 30, 2021 13.48%
Jun 30, 2021 22.28%