Trip.com (TRPCF) Current Deferred Revenue (2009 - 2025)

Trip.com (TRPCF) recorded quarterly Current Deferred Revenue of $2.6 billion in Q4 2025, down 17.82% quarter-over-quarter from $3.1 billion in Q3 2025, and up 2.15% on a YoY basis from $2.5 billion in Q4 2024.

Trip.com (TRPCF) Current Deferred Revenue (2009 - 2025) Analysis & Trends

Trip.com's Current Deferred Revenue history runs 17 years deep, the most recent figure standing at $2.6 billion for Q4 2025.

  • In Q4 2025, Current Deferred Revenue rose 2.15% year-over-year to $2.6 billion; the TTM figure through Dec 2025 stood at $2.6 billion (up 2.15% YoY), while the FY2025 annual figure was $2.6 billion, up 5.26% from the prior year.
  • Current Deferred Revenue was $2.6 billion for Q4 2025 at Trip.com, down from $3.1 billion in the prior quarter.
  • In the past five years, Current Deferred Revenue ranged from a high of $3.1 billion in Q3 2025 to a low of $1.1 billion in Q1 2022.
  • Historically, Current Deferred Revenue has averaged $1.8 billion across 5 years, with a median of $1.9 billion in 2023.
  • The sharpest annual moves came in 2021 and 2023: Current Deferred Revenue slipped 23.34% in 2021, then soared 78.15% in 2023.
  • A 5-year view of Current Deferred Revenue shows it stood at $1.2 billion in 2021, then slipped by 1.24% to $1.2 billion in 2022, then soared by 59.66% to $1.9 billion in 2023, then jumped by 35.06% to $2.5 billion in 2024, then grew by 2.15% to $2.6 billion in 2025.
  • The last three Current Deferred Revenue figures came in at $2.6 billion (Q4 2025), $3.1 billion (Q3 2025), and $2.7 billion (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Booking Holdings 131.01 Bn 114.99 Bn 3.46 Bn
2 Airbnb 79.86 Bn 67.85 Bn 2.10 Bn
3 Royal Caribbean Cruises 75.60 Bn 75.08 Bn 2.21 Bn
4 Carnival 37.80 Bn 36.39 Bn -
5 Expedia 27.88 Bn 22.09 Bn 3.05 Bn
6 Norwegian Cruise Line Holdings 8.56 Bn 8.38 Bn 953.34 Mn
7 Global Business Travel 4.79 Bn 4.35 Bn 714.00 Mn
8 Travel & Leisure 4.51 Bn 4.25 Bn 926.00 Mn
9 Trip.com 4.42 Bn -788.25 Mn 1.74 Bn
10 Trip.com - - 1.74 Bn

Historic Data

Download Data
DateValue
Dec 31, 2025 2.56 Bn
Sep 30, 2025 3.12 Bn
Jun 30, 2025 2.75 Bn
Mar 31, 2025 2.39 Bn
Dec 31, 2024 2.51 Bn
Sep 30, 2024 2.45 Bn
Jun 30, 2024 2.28 Bn
Mar 31, 2024 1.93 Bn
Dec 31, 2023 1.86 Bn
Sep 30, 2023 1.97 Bn
Jun 30, 2023 1.86 Bn
Mar 31, 2023 1.52 Bn
Dec 31, 2022 1.16 Bn
Sep 30, 2022 1.10 Bn
Jun 30, 2022 1.17 Bn
Mar 31, 2022 1.08 Bn
Dec 31, 2021 1.18 Bn
Sep 30, 2021 1.15 Bn
Jun 30, 2021 1.18 Bn
Mar 31, 2021 1.10 Bn