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

Trip.com's Net Margin history runs 18 years deep, the most recent figure standing at 33.6% for Q1 2026.

• On a quarterly basis, Net Margin fell 740.0% year-over-year to 33.6% in Q1 2026; TTM through Mar 2026 was 67.81%, a 3096.0% increase from a year earlier, with the FY2025 full-year figure at 52.87%, up 2540.0% from the prior year.
• Net Margin eased to 33.6% in Q1 2026 per TCOM's latest filing, from 38.8% in the prior quarter.
• Across five years, Net Margin topped out at 143.19% in Q3 2025 and bottomed at 19.47% in Q1 2022.
• The 5-year median for Net Margin is 36.05% (2023), against an average of 35.7%.
• Across the five-year window, Net Margin plunged 6101 bps in 2022 and soared 9572 bps in 2025, its largest moves.
• Year by year, Net Margin stood at 50.6% in 2022, then slumped by 66 bps to 17.31% in 2023, then jumped by 30 bps to 22.58% in 2024, then jumped by 72 bps to 38.8% in 2025, then decreased by 13 bps to 33.6% in 2026.
• Per Business Quant, the three latest TCOM Net Margin figures stand at 33.6% (Q1 2026), 38.8% (Q4 2025), and 143.19% (Q3 2025).