Trip.com (TRPCF) Operating Leases (2019 - 2025)

Trip.com (TRPCF) recorded quarterly Operating Leases of $82.5 million in Q4 2025, up 4.41% quarter-over-quarter from $79.0 million in Q3 2025, and up 5.61% on a YoY basis from $78.1 million in Q4 2024.

Trip.com (TRPCF) Operating Leases (2019 - 2025) Analysis & Trends

Trip.com's Operating Leases history runs 7 years deep, the most recent figure standing at $82.5 million for Q4 2025.

  • In Q4 2025, Operating Leases rose 5.61% year-over-year to $82.5 million; the TTM figure through Dec 2025 stood at $82.5 million (up 5.61% YoY), while the FY2025 annual figure was $84.0 million, up 9.09% from the prior year.
  • Operating Leases was $82.5 million for Q4 2025 at Trip.com, up from $79.0 million in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $112.0 million in Q1 2021 to a low of $58.0 million in Q1 2022.
  • Historically, Operating Leases has averaged $76.4 million across 5 years, with a median of $75.5 million in 2022.
  • The sharpest annual moves came in 2021 and 2023: Operating Leases sank 59.63% in 2021, then grew 25.86% in 2023.
  • A 5-year view of Operating Leases shows it stood at $62.6 million in 2021, then increased by 20.01% to $75.1 million in 2022, then advanced by 14.13% to $85.7 million in 2023, then dropped by 8.86% to $78.1 million in 2024, then gained by 5.61% to $82.5 million in 2025.
  • The last three Operating Leases figures came in at $82.5 million (Q4 2025), $79.0 million (Q3 2025), and $76.0 million (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 82.48 Mn
Sep 30, 2025 79.00 Mn
Jun 30, 2025 76.00 Mn
Mar 31, 2025 72.00 Mn
Dec 31, 2024 78.10 Mn
Sep 30, 2024 77.00 Mn
Jun 30, 2024 75.00 Mn
Mar 31, 2024 65.00 Mn
Dec 31, 2023 85.69 Mn
Sep 30, 2023 64.00 Mn
Jun 30, 2023 67.00 Mn
Mar 31, 2023 73.00 Mn
Dec 31, 2022 75.08 Mn
Sep 30, 2022 78.00 Mn
Jun 30, 2022 88.00 Mn
Mar 31, 2022 58.00 Mn
Dec 31, 2021 62.56 Mn
Sep 30, 2021 66.00 Mn
Jun 30, 2021 94.00 Mn
Mar 31, 2021 112.00 Mn