Trip.com Group Ltd (TCOM) Net Margin (2009 - 2026)
Trip.com (TCOM) recorded Net Margin of -15.64% in Q2 2026, down 48.46 percentage points from 32.82% a year earlier and down 31.26 percentage points from the prior quarter.
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Analysis
Trip.com Group Ltd (TCOM) Net Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Trip.com's Net Margin came in at 36.17% as of Jun 30, 2026, up 4.33 percentage points year-over-year; for FY2025, it was 53.46%, up 21.19 percentage points from FY2024.
- Annual Net Margin has increased for five straight years, with a five-year change of +71.73 percentage points (FY2020 to FY2025).
- Across earlier years, Net Margin came in at 32.27% in FY2024 (+11.33 pp), 20.94% in FY2023 (+14.65 pp), 6.29% in FY2022 (+9.03 pp) and -2.74% in FY2021 (+15.53 pp).
- The Q2 2026 figure is the lowest quarterly Net Margin since Q1 2022.
- On a year-over-year basis, Net Margin rose in four of the last eight quarters, with an average year-over-year change of -19.24 percentage points.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 148.18 percentage points in Q4 2023, against a drop of 171.85 percentage points in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 15.62% (Q1 2026), 27.78% (Q4 2025) and 108.41% (Q3 2025).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -15.64% |
| Mar 31, 2026 | 15.62% |
| Dec 31, 2025 | 27.78% |
| Sep 30, 2025 | 108.41% |
| Jun 30, 2025 | 32.82% |
| Mar 31, 2025 | 31.20% |
| Dec 31, 2024 | 17.15% |
| Sep 30, 2024 | 42.83% |
| Jun 30, 2024 | 30.42% |
| Mar 31, 2024 | 36.63% |
| Dec 31, 2023 | 189.00% |
| Sep 30, 2023 | 34.02% |
| Jun 30, 2023 | 5.73% |
| Mar 31, 2023 | 36.78% |
| Dec 31, 2022 | 40.82% |
| Sep 30, 2022 | 3.70% |
| Jun 30, 2022 | 1.67% |
| Mar 31, 2022 | -24.01% |
| Dec 31, 2021 | -17.82% |
| Sep 30, 2021 | -15.76% |
API Access
Trip.com Group Ltd Net Margin 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=net-margin&ticker=TCOM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=TCOM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();