Trip.com (TCOM) Operating Expenses (2009 - 2026)
Trip.com (TCOM) reported Operating Expenses of -$1.49 billion for Q2 2026, compared with -$1.11 billion a year earlier.
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Analysis
Trip.com (TCOM) Operating Expenses (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Trip.com's Operating Expenses came in at -$4.94 billion; for FY2025, it came in at -$4.94 billion.
- By year, Operating Expenses came in at -$3.99 billion in FY2024, -$56 million in FY2023, -$77 million in FY2022 and -$84 million in FY2021.
- The Q2 2026 figure ranks as the lowest quarterly Operating Expenses in data going back to Q1 2009.
- Per Business Quant data, the three quarters before Q2 2026 came in at -$752 million (Q1 2026), -$1.38 billion (Q4 2025) and -$1.32 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 103.13 Bn | 101.17 Bn | 1.55 Bn | 5.84 Bn |
| 2 | Hilton Worldwide Holdings | 78.47 Bn | 74.92 Bn | 3.08 Bn | 2.48 Bn |
| 3 | Royal Caribbean Cruises | 75.63 Bn | 72.99 Bn | 2.29 Bn | 513.00 Mn |
| 4 | Viking Holdings | 37.26 Bn | 22.38 Bn | 996.62 Mn | 268.67 Mn |
| 5 | Carnival | 36.04 Bn | 29.22 Bn | - | 4.63 Bn |
| 6 | Intercontinental Hotels | 26.07 Bn | 22.04 Bn | - | - |
| 7 | Trip.com | 26.03 Bn | -18.97 Bn | 1.84 Bn | -1.49 Bn |
| 8 | Hyatt Hotels | 16.23 Bn | 13.39 Bn | 388.00 Mn | 1.70 Bn |
| 9 | H World | 14.27 Bn | 5.68 Bn | 453.94 Mn | -753.00 Mn |
| 10 | Norwegian Cruise Line Holdings | 6.99 Bn | 6.22 Bn | 1.05 Bn | 690.41 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -1.49 Bn |
| Mar 31, 2026 | -748.71 Mn |
| Dec 31, 2025 | -1.38 Bn |
| Sep 30, 2025 | -1.32 Bn |
| Jun 30, 2025 | -1.11 Bn |
| Mar 31, 2025 | -1.04 Bn |
| Dec 31, 2024 | -1.07 Bn |
| Sep 30, 2024 | -1.15 Bn |
| Jun 30, 2024 | -950.00 Mn |
| Mar 31, 2024 | -53.00 Mn |
| Dec 31, 2023 | -862.00 Mn |
| Sep 30, 2023 | -1.01 Bn |
| Jun 30, 2023 | -864.00 Mn |
| Mar 31, 2023 | -58.00 Mn |
| Dec 31, 2022 | -589.00 Mn |
| Sep 30, 2022 | -670.00 Mn |
| Jun 30, 2022 | -477.00 Mn |
| Mar 31, 2022 | -536.00 Mn |
| Dec 31, 2021 | -670.00 Mn |
| Sep 30, 2021 | -678.00 Mn |
API Access
Trip.com Operating Expenses 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=operating-expenses&ticker=TCOM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=TCOM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();