Tuniu (TOUR) Research & Development (2013 - 2026)
Tuniu's (TOUR) quarterly Research & Development came in at -$7.3 million in Q1 2026, down 22.99% year-on-year from -$9.5 million in Q1 2025, and down 15.94% quarter-over-quarter from -$6.3 million in Q4 2025.
Tuniu (TOUR) Research & Development (2013 - 2026) Analysis & Trends
Tuniu's Research & Development history runs 14 years deep, the most recent figure standing at -$7.3 million for Q1 2026.
- On a quarterly basis, Research & Development fell 22.99% year-over-year to -$7.3 million in Q1 2026; TTM through Mar 2026 was -$28.6 million, a 9.98% decrease from a year earlier, with the FY2025 full-year figure at $8.4 million, up 16.86% from the prior year.
- Research & Development fell to -$7.3 million in Q1 2026 per TOUR's latest filing, from -$6.3 million in the prior quarter.
- Across five years, Research & Development topped out at -$2.9 million in Q1 2023 and bottomed at -$8.6 million in Q3 2025.
- The 5-year median for Research & Development is -$5.4 million (2023), against an average of -$5.4 million.
- Across the five-year window, Research & Development jumped 47.33% in 2022 and plunged 75.26% in 2024, its largest moves.
- Year by year, Research & Development stood at -$3.3 million in 2022, then sank by 41.22% to -$4.7 million in 2023, then decreased by 24.98% to -$5.8 million in 2024, then fell by 7.93% to -$6.3 million in 2025, then decreased by 15.94% to -$7.3 million in 2026.
- Per Business Quant, the three latest TOUR Research & Development figures stand at -$7.3 million (Q1 2026), -$6.3 million (Q4 2025), and -$8.6 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 136.54 Bn | 120.51 Bn | 3.46 Bn | 240.00 Mn |
| 2 | Royal Caribbean Cruises | 86.11 Bn | 85.59 Bn | 2.21 Bn | - |
| 3 | Airbnb | 82.27 Bn | 70.26 Bn | 2.10 Bn | 751.00 Mn |
| 4 | Yatra Online | 55.46 Bn | 55.47 Bn | 10.44 Mn | 379,000.00 |
| 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 | 324.00 Mn |
| 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 | 42.07 Mn |
| 10 | Tuniu | 28.14 Mn | -121.95 Mn | 10.66 Mn | -7.32 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -7.32 Mn |
| Dec 31, 2025 | -6.31 Mn |
| Sep 30, 2025 | -8.64 Mn |
| Jun 30, 2025 | -6.28 Mn |
| Mar 31, 2025 | -5.95 Mn |
| Dec 31, 2024 | -5.85 Mn |
| Sep 30, 2024 | -8.63 Mn |
| Jun 30, 2024 | -5.54 Mn |
| Mar 31, 2024 | -5.10 Mn |
| Dec 31, 2023 | -4.68 Mn |
| Sep 30, 2023 | -5.43 Mn |
| Jun 30, 2023 | -3.44 Mn |
| Mar 31, 2023 | -2.91 Mn |
| Dec 31, 2022 | -3.31 Mn |
| Sep 30, 2022 | -3.73 Mn |
| Jun 30, 2022 | -3.65 Mn |
| Mar 31, 2022 | -4.70 Mn |
| Dec 31, 2021 | -4.49 Mn |
| Sep 30, 2021 | -6.47 Mn |
| Jun 30, 2021 | -6.94 Mn |