TCOM
$38.76-0.87%
as of close, Oct 1, 2026
☾ AH $38.76 -0.87%
Trip.com Group Limited American Depositary SharesStock · Consumer Discretionary
TCOM financial statements
The full income statement, balance sheet, and cash-flow statement for Trip.com Group Limited American Depositary Shares (TCOM), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2017-12 67.6M2018-12 69.1M2019-12 74.1M2020-12 75.0M2021-12 641.3M2022-12 646.1M2023-12 644.1M2024-12 653.3M2025-12 649.6M+860.9% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 8.93B+22.2% | 7.30B+16.5% | 6.27B+115.7% | 2.91B-7.5% | 3.14B+11.9% | |
| 7.19B+21.2% | 5.93B+15.8% | 5.13B+127.5% | 2.25B-6.9% | 2.42B+10.6% | ||
| Cost of revenue | 1.73B+26.7% | 1.37B+19.6% | 1.14B+74.9% | 654M-9.3% | 721M+16.7% | |
| 4.93B+23.7% | 3.99B+13.1% | 3.53B+57.7% | 2.24B-15.3% | 2.64B+9.8% | ||
| Research & development | 2.16B+20.2% | 1.80B+5.4% | 1.71B+41.2% | 1.21B-14.3% | 1.41B+20.1% | |
| Selling, general & administrative | 640M+14.3% | 560M+6.3% | 527M+27.6% | 413M-10.0% | 459M-17.6% | |
| General & administrative | 640M+14.3% | 560M+6.3% | 527M+27.6% | 413M-10.0% | 459M-17.6% | |
| Selling & marketing | 2.13B+30.7% | 1.63B+25.8% | 1.30B+110.4% | 616M-20.2% | 772M+14.4% | |
| Provision for credit losses | 68.0M+51.1% | 45.0M+309.1% | 11.0M-74.4% | 43.0M+95.5% | 22.0M-79.4% | |
| Operating income | 2.26B+16.2% | 1.94B+21.8% | 1.59B+10533.3% | 15.0M+106.8% | -221M-1.4% | |
| Interest expense | 121M-49.2% | 238M-18.2% | 291M+32.9% | 219M-11.0% | 246M-6.5% | |
| Interest & investment income | 372M+15.9% | 321M+9.2% | 294M-1.0% | 297M-11.3% | 335M+0.0% | |
| Other non-operating income | 3.05B+903.0% | 304M+423.4% | -94.0M-132.2% | 292M+403.4% | 58.0M+238.1% | |
| Equity-method income | 50.0M-87.1% | 387M+156.3% | 151M+277.6% | -85.0M-666.7% | 15.0M+105.8% | |
| Pre-tax income | 5.56B+138.5% | 2.33B+54.9% | 1.50B+290.6% | 385M+620.3% | -74.0M+60.6% | |
| Income tax | 832M+133.1% | 357M+45.1% | 246M+148.5% | 99.0M+135.7% | 42.0M-22.2% | |
| Net income | 4.76B+103.7% | 2.34B+67.4% | 1.40B+578.2% | 206M+339.5% | -86.0M+82.7% | |
| Weighted-avg shares (basic) | 658M+0.6% | 654M+0.2% | 653M+0.7% | 648M+2.3% | 634M+5.5% | |
| Weighted-avg shares (diluted) | 698M+1.4% | 689M+2.6% | 671M+2.1% | 657M+3.6% | 634M+5.5% | |
| Dividends per share | $0.31 | — | — | — | — | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 17.3B+12.7% | 15.4B+22.9% | 12.5B+40.3% | 8.91B-14.1% | 10.4B+16.7% | ||
| Cash & equivalents | 5.70B-14.1% | 6.64B+13.3% | 5.86B+137.6% | 2.46B-20.7% | 3.11B+12.2% | |
| Short-term investments | 4.58B+17.4% | 3.90B+56.0% | 2.50B-32.5% | 3.70B-20.2% | 4.64B+22.0% | |
| Accounts receivable | 2.18B+27.7% | 1.71B+6.2% | 1.61B+102.1% | 795M+9.1% | 729M+15.5% | |
| Prepaid expenses | 3.43B+44.7% | 2.37B+31.8% | 1.80B+21.8% | 1.48B+4.0% | 1.42B+17.8% | |
| 38.2B+15.1% | 33.2B+7.7% | 30.9B+11.1% | 27.8B-7.7% | 30.1B+4.9% | ||
| Property, plant & equipment | 779M+12.6% | 692M-4.4% | 724M-4.1% | 755M-13.0% | 868M-2.0% | |
| Operating lease right-of-use | 126M+22.3% | 103M+14.4% | 90.0M-24.4% | 119M-2.5% | 122M-19.2% | |
| Goodwill | 8.90B+6.7% | 8.35B-0.2% | 8.36B-2.8% | 8.60B-7.6% | 9.31B+2.4% | |
| Intangible assets | 1.84B+5.1% | 1.75B-1.2% | 1.77B-4.2% | 1.85B-9.2% | 2.03B+0.1% | |
| Long-term investments | 8.78B+35.7% | 6.47B-7.0% | 6.95B-4.5% | 7.28B+3.1% | 7.05B-4.0% | |
| Deferred tax assets | 394M-11.7% | 446M+22.9% | 363M+89.1% | 192M-27.5% | 265M+23.8% | |
| 11.2B+10.2% | 10.1B-0.6% | 10.2B+14.9% | 8.88B-14.6% | 10.4B+16.2% | ||
| Accounts payable | 2.74B+20.6% | 2.27B-2.0% | 2.32B+111.3% | 1.10B+16.1% | 945M+36.8% | |
| Accrued liabilities | 37.7M+42.0% | 26.6M+34.8% | 19.7M-50.4% | 39.7M-30.3% | 57.0M-9.1% | |
| Short-term & current debt | 2.77B+3.9% | 2.66B-26.9% | 3.64B-23.1% | 4.74B-24.3% | 6.26B+21.3% | |
| Current lease liability | 37.7M+42.0% | 26.6M+34.8% | 19.7M-50.4% | 39.7M-30.3% | 57.0M-9.1% | |
| Other current liabilities | 49.0M-9.3% | 54.0M+25.6% | 43.0M+90.1% | 22.6M | — | |
| 13.6B-0.2% | 13.6B+0.3% | 13.5B+18.7% | 11.4B-10.7% | 12.8B-2.7% | ||
| Long-term debt | 1.63B-40.8% | 2.76B+2.5% | 2.69B+40.8% | 1.91B+9.8% | 1.74B-50.0% | |
| Non-current lease liability | 84.0M+9.1% | 77.0M+14.9% | 67.0M-13.0% | 77.0M+22.2% | 63.0M-33.7% | |
| Operating lease liability (total) | 121M+17.3% | 103M+19.0% | 86.9M-25.8% | 117M-2.2% | 120M-23.9% | |
| 24.4B+25.7% | 19.4B+12.9% | 17.2B+5.7% | 16.3B-5.4% | 17.2B+11.9% | ||
| Common stock | 1.00M+0.0% | 1.00M+0.0% | 1.00M+0.0% | 1.00M+0.0% | 1.00M+0.0% | |
| Additional paid-in capital | 14.9B+7.2% | 13.9B+1.0% | 13.7B-0.6% | 13.8B-6.3% | 14.7B+14.4% | |
| Treasury stock | 1.47B+82.2% | 808M+53.9% | 525M+71.6% | 306M-7.6% | 331M+2.5% | |
| Accumulated other comprehensive income | -381M-93.4% | -197M+41.7% | -338M-32.0% | -256M-1.6% | -252M-2.0% | |
| Non-controlling interest | 236M+84.4% | 128M+10.3% | 116M+8.4% | 107M-12.3% | 122M-34.4% | |
| Total equity incl. non-controlling | 24.7B+26.1% | 19.6B+12.9% | 17.3B+5.7% | 16.4B-5.5% | 17.3B+11.4% | |
| Total liabilities & equity | 38.2B+15.1% | 33.2B+7.7% | 30.9B+11.1% | 27.8B-7.7% | 30.1B+4.9% | |
| Common shares issued | 696M+0.9% | 689M+2.2% | 674M+0.7% | 669M | — | |
| Common shares outstanding | 650M-0.6% | 653M+1.4% | 644M-0.3% | 646M | — | |
| Shares outstanding (cover) | 650M-0.6% | 653M+1.4% | 644M-0.3% | 646M+0.7% | 641M+755.6% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 2.06B-23.5% | 2.69B-13.1% | 3.10B+715.3% | 380M-2.1% | 388M+166.0% | ||
| Depreciation & amortization | 93.0M+3.3% | 90.0M+2.3% | 88.0M-4.3% | 92.0M-18.6% | 113M-6.6% | |
| Share-based compensation | 325M+15.7% | 281M+8.9% | 258M+50.0% | 172M-34.8% | 264M-8.0% | |
| Deferred income taxes | 41.0M+159.4% | -69.0M+35.5% | -107M-367.5% | 40.0M+175.5% | -53.0M+29.3% | |
| Change in receivables | 344M+119.1% | 157M-81.5% | 849M+724.3% | 103M+41.1% | 73.0M+114.9% | |
| -598M+27.8% | -828M-199.2% | 835M+409.1% | 164M+125.2% | -651M-11.5% | ||
| Capital expenditure | 114M+40.7% | 81.0M-4.7% | 85.0M+18.1% | 72.0M-19.1% | 89.0M+9.9% | |
| Free cash flow | 1.95B-25.5% | 2.61B-13.3% | 3.01B+878.2% | 308M+3.0% | 299M+144.7% | |
| Acquisitions | 108M+164.7% | -167M | 0.00-100.0% | 1.00M-85.7% | 7.00M-95.2% | |
| Proceeds from sale of PP&E | 1.00M | — | — | — | — | |
| -2.10B-127.8% | -921M-155.8% | -360M+63.1% | -975M-258.5% | 615M-33.4% | ||
| Long-term debt issued | 3.00M-50.0% | 6.00M-99.6% | 1.68B+18.0% | 1.42B+71000.0% | 2.00M-99.9% | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net short-term debt | — | — | — | -706M-180.3% | 879M+42.7% | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 629M+111.1% | 298M+30.7% | 228M | 0.00 | 0.00 | |
| Dividends paid | 204M | 0.00 | 0.00 | 0.00 | 0.00 | |
| FX effect on cash | -27.0M-187.1% | 31.0M+72.2% | 18.0M-53.8% | 39.0M+153.4% | -73.0M+33.0% | |
| Net change in cash | -664M-168.2% | 974M-72.9% | 3.59B+1016.1% | -392M-240.5% | 279M+177.9% | |
| Interest paid | 122M-46.0% | 226M-15.0% | 266M+27.3% | 209M-11.1% | 235M-6.7% | |
| Income taxes paid | 799M+115.9% | 370M+103.3% | 182M+167.6% | 68.0M-42.4% | 118M-37.9% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 46.7B+4.1% | 44.9B+92.8% | 23.3B+5.5% | 22.1B+39.7% | 15.8B+524.5% | |
| P/E | 9.8×-48.9% | 19.2×-83.0% | 112.9× | — | — | |
| P/S | 5.2×-14.8% | 6.1×-23.2% | 8.0×+14.0% | 7.0×+39.7% | 5.0×+458.0% | |
| P/B | 1.9×-17.2% | 2.3×+61.6% | 1.4×+11.5% | 1.3×+39.7% | 0.9×+458.1% | |
| P/FCF | 24.0×+39.8% | 17.2×-77.3% | 75.5×+2.4% | 73.8×+39.7% | 52.8× | |
| Earnings yield | 10.2%+95.6% | 5.2%+488.7% | 0.89% | — | — | |
| FCF yield | 4.2%-28.5% | 5.8%+339.7% | 1.3%-2.3% | 1.4%-28.4% | 1.9% | |
| Dividend yield | 0.44% | — | — | — | — | |
| Source filing | 20-F | 20-F | 20-F | 20-F | 20-F |
About this data
Source: TCOM’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all TCOM filings on SEC EDGAR → Not investment advice.