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| Date | Value |
|---|---|
| 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 |