Trip.com (TRPCF) Operating Margin (2009 - 2026)

Trip.com has reported Operating Margin for 18 years, with the latest figure at 24.34% in Q1 2026.

• On a quarterly basis, Operating Margin fell 142.0% year-over-year to 24.34% in Q1 2026; TTM through Mar 2026 was 24.88%, a 126.0% decrease from a year earlier, with the FY2025 full-year figure at 25.25%, down 132.0% from the prior year.
• Operating Margin was 24.34% for Q1 2026 at Trip.com, up from 16.49% in the prior quarter.
• The five-year high for Operating Margin was 309.0% in Q4 2023, with the low at 8.47% in Q1 2022.
• Average Operating Margin over 5 years is 34.72%, with a median of 25.76% recorded in 2025.
• The sharpest annual moves came in 2023 and 2024: Operating Margin surged 31366 bps in 2023, then tumbled 29099 bps in 2024.
• Over 5 years, Operating Margin stood at 4.66% in 2022, then soared by 6734 bps to 309.0% in 2023, then plunged by 94 bps to 18.01% in 2024, then retreated by 8 bps to 16.49% in 2025, then jumped by 48 bps to 24.34% in 2026.
• The last three Operating Margin figures came in at 24.34% (Q1 2026), 16.49% (Q4 2025), and 30.35% (Q3 2025), per Business Quant data.