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Trip.com (TCOM) Research & Development (2016 - 2025)

Trip.com has reported Research & Development over the past 17 years, most recently at -$576.0 million for Q4 2025.

  • For Q4 2025, Research & Development fell 23.87% year-over-year to -$576.0 million; the TTM value through Dec 2025 reached -$2.1 billion, down 16.31%, while the annual FY2025 figure was $2.2 billion, 20.22% up from the prior year.
  • Research & Development for Q4 2025 was -$576.0 million at Trip.com, roughly flat from -$574.0 million in the prior quarter.
  • Over five years, Research & Development peaked at -$264.0 million in Q2 2022 and troughed at -$576.0 million in Q4 2025.
  • A 5-year average of -$413.6 million and a median of -$409.0 million in 2023 define the central range for Research & Development.
  • Biggest five-year swings in Research & Development: increased 23.48% in 2022 and later crashed 54.17% in 2023.
  • Year by year, Research & Development stood at -$351.0 million in 2021, then increased by 13.11% to -$305.0 million in 2022, then plummeted by 34.75% to -$411.0 million in 2023, then fell by 13.14% to -$465.0 million in 2024, then decreased by 23.87% to -$576.0 million in 2025.
  • Business Quant data shows Research & Development for TCOM at -$576.0 million in Q4 2025, -$574.0 million in Q3 2025, and -$489.0 million in Q2 2025.