Trip.com (TCOM) Operating Leases (2019 - 2026)

Trip.com's (TCOM) quarterly Operating Leases came in at $79.0 million in Q1 2026, up 9.72% year-on-year from $72.0 million in Q1 2025, and down 4.22% quarter-over-quarter from $82.5 million in Q4 2025.

Trip.com (TCOM) Operating Leases (2019 - 2026) Analysis & Trends

Trip.com's Operating Leases history runs 8 years deep, the most recent figure standing at $79.0 million for Q1 2026.

  • On a quarterly basis, Operating Leases rose 9.72% year-over-year to $79.0 million in Q1 2026; TTM through Mar 2026 was $79.0 million, a 9.72% increase from a year earlier, with the FY2025 full-year figure at $84.0 million, up 9.09% from the prior year.
  • Operating Leases declined to $79.0 million in Q1 2026 per TCOM's latest filing, from $82.5 million in the prior quarter.
  • Across five years, Operating Leases topped out at $113.6 million in Q4 2022 and bottomed at $58.0 million in Q1 2022.
  • The 5-year median for Operating Leases is $77.0 million (2024), against an average of $78.7 million.
  • Biggest YoY gain for Operating Leases was 81.59% in 2022; the steepest drop was 48.21% in 2022.
  • Year by year, Operating Leases stood at $113.6 million in 2022, then declined by 24.57% to $85.7 million in 2023, then rose by 22.66% to $105.1 million in 2024, then retreated by 21.53% to $82.5 million in 2025, then retreated by 4.22% to $79.0 million in 2026.
  • Per Business Quant, the three latest TCOM Operating Leases figures stand at $79.0 million (Q1 2026), $82.5 million (Q4 2025), and $79.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Booking Holdings 136.54 Bn 120.51 Bn 3.46 Bn
2 Royal Caribbean Cruises 86.11 Bn 85.59 Bn 2.21 Bn
3 Airbnb 82.27 Bn 70.26 Bn 2.10 Bn
4 Yatra Online 55.46 Bn 55.47 Bn 10.44 Mn
5 Viking Holdings 44.18 Bn 40.37 Bn 713.43 Mn
6 Carnival 34.61 Bn 32.38 Bn -
7 Expedia 31.38 Bn 28.88 Bn 3.05 Bn
8 Norwegian Cruise Line Holdings 8.54 Bn 8.35 Bn 953.34 Mn
9 MakeMyTrip 5.02 Bn 4.60 Bn 199.14 Mn
10 Trip.com 498.70 Mn -10.97 Bn 1.86 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 79.00 Mn
Dec 31, 2025 82.48 Mn
Sep 30, 2025 79.00 Mn
Jun 30, 2025 76.00 Mn
Mar 31, 2025 72.00 Mn
Dec 31, 2024 105.11 Mn
Sep 30, 2024 77.00 Mn
Jun 30, 2024 75.00 Mn
Mar 31, 2024 65.00 Mn
Dec 31, 2023 85.69 Mn
Sep 30, 2023 64.00 Mn
Jun 30, 2023 67.00 Mn
Mar 31, 2023 73.00 Mn
Dec 31, 2022 113.61 Mn
Sep 30, 2022 78.00 Mn
Jun 30, 2022 88.00 Mn
Mar 31, 2022 58.00 Mn
Dec 31, 2021 62.56 Mn
Sep 30, 2021 66.00 Mn
Jun 30, 2021 94.00 Mn