Tuniu (TOUR) Research & Development (2013 - 2026)
Tuniu (TOUR) posted quarterly Research & Development of -$7.3 million for Q1 2026, down 22.99% year-over-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.
- In Q1 2026, Research & Development fell 22.99% year-over-year to -$7.3 million; the TTM figure through Mar 2026 stood at -$28.6 million (down 9.98% YoY), while the FY2025 annual figure was $8.4 million, up 16.86% from the prior year.
- Research & Development for Q1 2026 stood at -$7.3 million, down from -$6.3 million in the prior quarter.
- The five-year high for Research & Development was -$2.9 million in Q1 2023, with the low 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.
- The sharpest annual moves came in 2022 and 2024: Research & Development jumped 47.33% in 2022, then tumbled 75.26% in 2024.
- Tuniu's Research & Development stood at -$3.3 million in 2022, then slumped by 41.22% to -$4.7 million in 2023, then retreated by 24.98% to -$5.8 million in 2024, then declined by 7.93% to -$6.3 million in 2025, then retreated by 15.94% to -$7.3 million in 2026.
- Business Quant data shows TOUR's Research & Development at -$7.3 million in Q1 2026, -$6.3 million in Q4 2025, and -$8.6 million in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 157.71 Bn | 140.49 Bn | 4.98 Bn | 263.00 Mn |
| 2 | Airbnb | 106.33 Bn | 94.26 Bn | 2.98 Bn | 875.00 Mn |
| 3 | Royal Caribbean Cruises | 80.56 Bn | 79.64 Bn | 2.29 Bn | - |
| 4 | Viking Holdings | 44.48 Bn | 40.68 Bn | 713.43 Mn | - |
| 5 | Expedia | 38.43 Bn | 31.30 Bn | 3.91 Bn | 2.12 Bn |
| 6 | Carnival | 38.12 Bn | 35.88 Bn | - | - |
| 7 | Trip.com | 29.11 Bn | 17.41 Bn | 1.86 Bn | -543.00 Mn |
| 8 | Norwegian Cruise Line Holdings | 8.34 Bn | 8.13 Bn | 1.05 Bn | - |
| 9 | MakeMyTrip | 5.82 Bn | 5.04 Bn | 212.91 Mn | 48.79 Mn |
| 10 | Tuniu | 169.35 Mn | 59.89 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 |