Tuniu (TOUR) Gross Margin (2013 - 2026)

Tuniu's Gross Margin history runs 14 years deep, the most recent figure standing at 55.48% for Q1 2026.

• On a quarterly basis, Gross Margin fell 353.0% year-over-year to 55.48% in Q1 2026; TTM through Mar 2026 was 57.17%, a 882.0% decrease from a year earlier, with the FY2025 full-year figure at 57.96%, down 1175.0% from the prior year.
• Gross Margin slipped to 55.48% in Q1 2026 per TOUR's latest filing, from 56.69% in the prior quarter.
• Across five years, Gross Margin topped out at 76.0% in Q1 2024 and bottomed at 38.13% in Q1 2022.
• The 5-year median for Gross Margin is 61.54% (2023), against an average of 60.13%.
• Across the five-year window, Gross Margin soared 3003 bps in 2023 and plunged 1699 bps in 2025, its largest moves.
• Year by year, Gross Margin stood at 44.65% in 2022, then surged by 67 bps to 74.68% in 2023, then declined by 9 bps to 67.94% in 2024, then decreased by 17 bps to 56.69% in 2025, then retreated by 2 bps to 55.48% in 2026.
• Per Business Quant, the three latest TOUR Gross Margin figures stand at 55.48% (Q1 2026), 56.69% (Q4 2025), and 54.25% (Q3 2025).