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
DateValue
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