Growth Metrics

Trip.com (TCOM) Operating Expenses (2016 - 2025)

Trip.com has reported Operating Expenses over the past 17 years, most recently at -$1.4 billion for Q4 2025.

  • For Q4 2025, Operating Expenses fell 28.72% year-over-year to -$1.4 billion; the TTM value through Dec 2025 reached -$4.8 billion, down 19.66%, while the annual FY2025 figure was $4.9 billion, 23.65% up from the prior year.
  • Operating Expenses for Q4 2025 was -$1.4 billion at Trip.com, down from -$1.3 billion in the prior quarter.
  • Over five years, Operating Expenses peaked at -$477.0 million in Q2 2022 and troughed at -$1.4 billion in Q4 2025.
  • A 5-year average of -$864.2 million and a median of -$863.0 million in 2023 define the central range for Operating Expenses.
  • Biggest five-year swings in Operating Expenses: rose 29.02% in 2022 and later plummeted 81.13% in 2023.
  • Year by year, Operating Expenses stood at -$670.0 million in 2021, then rose by 12.09% to -$589.0 million in 2022, then plummeted by 46.35% to -$862.0 million in 2023, then decreased by 24.01% to -$1.1 billion in 2024, then decreased by 28.72% to -$1.4 billion in 2025.
  • Business Quant data shows Operating Expenses for TCOM at -$1.4 billion in Q4 2025, -$1.3 billion in Q3 2025, and -$1.1 billion in Q2 2025.