Tuniu (TOUR) Operating Margin (2013 - 2026)
Tuniu (TOUR) posted quarterly Operating Margin of 2.82% for Q1 2026, up 636.0% year-over-year from 0.38% in Q1 2025, and down 426.19% quarter-over-quarter from 0.87% in Q4 2025.
Tuniu (TOUR) Operating Margin (2013 - 2026) Analysis & Trends
Tuniu's Operating Margin history runs 14 years deep, the most recent figure standing at 2.82% for Q1 2026.
- In Q1 2026, Operating Margin rose 636.0% year-over-year to 2.82%; the TTM figure through Mar 2026 stood at 3.03% (down 476.0% YoY), while the FY2025 annual figure was 1.94%, down 1037.0% from the prior year.
- Operating Margin for Q1 2026 stood at 2.82%, down from 0.87% in the prior quarter.
- The five-year high for Operating Margin was 29.49% in Q2 2024, with the low at 332.38% in Q2 2022.
- The 5-year median for Operating Margin is 2.82% (2026), against an average of 37.22%.
- The sharpest annual moves came in 2022 and 2023: Operating Margin tumbled 31614 bps in 2022, then jumped 33917 bps in 2023.
- Tuniu's Operating Margin stood at 74.28% in 2022, then sank by 66 bps to 123.42% in 2023, then surged by 90 bps to 12.36% in 2024, then soared by 107 bps to 0.87% in 2025, then tumbled by 426 bps to 2.82% in 2026.
- Business Quant data shows TOUR's Operating Margin at 2.82% in Q1 2026, 0.87% in Q4 2025, and 6.86% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 158.19 Bn | 140.97 Bn | 4.98 Bn | 34.00% |
| 2 | Airbnb | 106.54 Bn | 94.47 Bn | 2.98 Bn | 21.01% |
| 3 | Royal Caribbean Cruises | 80.77 Bn | 79.85 Bn | 2.29 Bn | 27.05% |
| 4 | Viking Holdings | 44.38 Bn | 40.57 Bn | 713.43 Mn | 20.91% |
| 5 | Expedia | 38.62 Bn | 31.49 Bn | 3.91 Bn | 18.54% |
| 6 | Carnival | 38.33 Bn | 36.09 Bn | - | 12.77% |
| 7 | Trip.com | 29.12 Bn | 17.42 Bn | 1.86 Bn | 24.34% |
| 8 | Norwegian Cruise Line Holdings | 8.34 Bn | 8.13 Bn | 1.05 Bn | 13.76% |
| 9 | MakeMyTrip | 5.81 Bn | 5.03 Bn | 212.91 Mn | 15.30% |
| 10 | Tuniu | 170.03 Mn | 60.57 Mn | 10.66 Mn | -2.82% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -2.82% |
| Dec 31, 2025 | 0.87% |
| Sep 30, 2025 | 6.86% |
| Jun 30, 2025 | 5.29% |
| Mar 31, 2025 | -9.19% |
| Dec 31, 2024 | -12.36% |
| Sep 30, 2024 | 15.69% |
| Jun 30, 2024 | 29.49% |
| Mar 31, 2024 | 11.40% |
| Dec 31, 2023 | -123.42% |
| Sep 30, 2023 | 17.79% |
| Jun 30, 2023 | 6.78% |
| Mar 31, 2023 | -26.89% |
| Dec 31, 2022 | -74.28% |
| Sep 30, 2022 | -18.31% |
| Jun 30, 2022 | -332.38% |
| Mar 31, 2022 | -127.29% |
| Dec 31, 2021 | -59.81% |
| Sep 30, 2021 | -49.40% |
| Jun 30, 2021 | -16.25% |