Trip.com (TRPCF) EBITDA (2009 - 2025)

Trip.com (TRPCF) recorded quarterly EBITDA of $490.0 million in Q4 2025, down 45.07% quarter-over-quarter from $892.0 million in Q3 2025, and up 20.1% on a YoY basis from $408.0 million in Q4 2024.

Trip.com (TRPCF) EBITDA (2009 - 2025) Analysis & Trends

Trip.com's EBITDA history runs 17 years deep, the most recent figure standing at $490.0 million for Q4 2025.

  • In Q4 2025, EBITDA rose 20.1% year-over-year to $490.0 million; the TTM figure through Dec 2025 stood at $2.6 billion (up 11.09% YoY), while the FY2025 annual figure was $4.6 billion, up 83.96% from the prior year.
  • EBITDA was $490.0 million for Q4 2025 at Trip.com, down from $892.0 million in the prior quarter.
  • In the past five years, EBITDA ranged from a high of $892.0 million in Q3 2025 to a low of -$33.0 million in Q1 2021.
  • Historically, EBITDA has averaged $374.9 million across 5 years, with a median of $409.0 million in 2023.
  • The sharpest annual moves came in 2021 and 2023: EBITDA sank 94.19% in 2021, then jumped 2462.5% in 2023.
  • A 5-year view of EBITDA shows it stood at $7.0 million in 2021, then surged by 485.71% to $41.0 million in 2022, then surged by 878.05% to $401.0 million in 2023, then rose by 1.75% to $408.0 million in 2024, then gained by 20.1% to $490.0 million in 2025.
  • The last three EBITDA figures came in at $490.0 million (Q4 2025), $892.0 million (Q3 2025), and $674.7 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Booking Holdings 131.01 Bn 114.99 Bn 3.46 Bn 1.27 Bn
2 Airbnb 79.86 Bn 67.85 Bn 2.10 Bn 86.00 Mn
3 Royal Caribbean Cruises 75.60 Bn 75.08 Bn 2.21 Bn 1.16 Bn
4 Carnival 37.80 Bn 36.39 Bn - 607.00 Mn
5 Expedia 27.88 Bn 22.09 Bn 3.05 Bn 472.00 Mn
6 Norwegian Cruise Line Holdings 8.56 Bn 8.38 Bn 953.34 Mn 232.94 Mn
7 Global Business Travel 4.79 Bn 4.35 Bn 714.00 Mn 3.00 Mn
8 Travel & Leisure 4.51 Bn 4.25 Bn 926.00 Mn 159.00 Mn
9 Trip.com 4.42 Bn -788.25 Mn 1.74 Bn 490.00 Mn
10 Trip.com - - 1.74 Bn 490.00 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 490.00 Mn
Sep 30, 2025 892.00 Mn
Jun 30, 2025 674.67 Mn
Mar 31, 2025 586.00 Mn
Dec 31, 2024 408.00 Mn
Sep 30, 2024 808.00 Mn
Jun 30, 2024 612.77 Mn
Mar 31, 2024 550.00 Mn
Dec 31, 2023 401.00 Mn
Sep 30, 2023 634.00 Mn
Jun 30, 2023 525.13 Mn
Mar 31, 2023 410.00 Mn
Dec 31, 2022 41.00 Mn
Sep 30, 2022 198.00 Mn
Jun 30, 2022 53.00 Mn
Mar 31, 2022 16.00 Mn
Dec 31, 2021 7.00 Mn
Sep 30, 2021 83.01 Mn
Jun 30, 2021 142.00 Mn
Mar 31, 2021 -33.00 Mn