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 | 108.57 Bn | 106.84 Bn | 1.54 Bn | 5.73 Bn |
| 2 | Royal Caribbean Cruises | 87.25 Bn | 84.19 Bn | 2.88 Bn | 519.00 Mn |
| 3 | Hilton Worldwide Holdings | 83.02 Bn | 79.75 Bn | 3.05 Bn | 2.42 Bn |
| 4 | Carnival | 40.37 Bn | 33.56 Bn | - | 4.63 Bn |
| 5 | Viking Holdings | 38.85 Bn | 23.97 Bn | 996.62 Mn | 268.67 Mn |
| 6 | Trip.com | 29.18 Bn | -15.85 Bn | 1.84 Bn | 1.49 Bn |
| 7 | Intercontinental Hotels | 27.60 Bn | 23.56 Bn | - | - |
| 8 | Hyatt Hotels | 17.33 Bn | 14.74 Bn | 384.00 Mn | 1.54 Bn |
| 9 | H World | 15.68 Bn | 7.08 Bn | 456.00 Mn | 753.00 Mn |
| 10 | U-Haul Holding | 11.03 Bn | 6.68 Bn | 1.75 Bn | 1.51 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.49 Bn |
| Mar 31, 2026 | 752.00 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 | 880.00 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();