Trip.com (TCOM) Research & Development (2009 - 2026)
Trip.com's Research & Development came in at -$559 million for Q2 2026, compared with -$489 million a year earlier.
Powered by 
Analysis
Trip.com (TCOM) Research & Development (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Trip.com reported Research & Development of -$2.3 billion; for FY2025, it was -$2.16 billion.
- Going back by year, Research & Development was -$1.8 billion in FY2024, -$27 million in FY2023, -$42 million in FY2022 and -$45 million in FY2021.
- The five-year range for quarterly Research & Development is -$589 million (Q1 2026) to -$26 million (Q1 2024).
- Business Quant data shows TCOM's Research & Development at -$589 million (Q1 2026), -$576 million (Q4 2025) and -$574 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 93.50 Bn | 91.55 Bn | 1.55 Bn | - |
| 2 | Hilton Worldwide Holdings | 72.30 Bn | 68.78 Bn | 3.08 Bn | - |
| 3 | Royal Caribbean Cruises | 64.91 Bn | 62.49 Bn | 2.29 Bn | - |
| 4 | Viking Holdings | 35.75 Bn | 20.87 Bn | 996.62 Mn | - |
| 5 | Carnival | 30.35 Bn | 23.01 Bn | - | - |
| 6 | Intercontinental Hotels | 26.52 Bn | 22.08 Bn | - | - |
| 7 | Trip.com | 25.92 Bn | -19.63 Bn | 1.84 Bn | -559.00 Mn |
| 8 | Hyatt Hotels | 15.20 Bn | 12.68 Bn | 388.00 Mn | - |
| 9 | H World | 13.30 Bn | 4.22 Bn | - | - |
| 10 | Atour Lifestyle Holdings | 8.20 Bn | 4.90 Bn | 493.22 Mn | -8.38 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -559.00 Mn |
| Mar 31, 2026 | -589.00 Mn |
| Dec 31, 2025 | -576.00 Mn |
| Sep 30, 2025 | -574.00 Mn |
| Jun 30, 2025 | -489.00 Mn |
| Mar 31, 2025 | -486.00 Mn |
| Dec 31, 2024 | -465.00 Mn |
| Sep 30, 2024 | -519.00 Mn |
| Jun 30, 2024 | -412.00 Mn |
| Mar 31, 2024 | -26.00 Mn |
| Dec 31, 2023 | -411.00 Mn |
| Sep 30, 2023 | -490.00 Mn |
| Jun 30, 2023 | -407.00 Mn |
| Mar 31, 2023 | -29.00 Mn |
| Dec 31, 2022 | -305.00 Mn |
| Sep 30, 2022 | -350.00 Mn |
| Jun 30, 2022 | -264.00 Mn |
| Mar 31, 2022 | -311.00 Mn |
| Dec 31, 2021 | -351.00 Mn |
| Sep 30, 2021 | -358.00 Mn |
API Access
Trip.com Research & Development 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=research-and-development&ticker=TCOM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=TCOM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();