Quarterly ResultSep 16, 2026, 06:08 AM
Trip.com Group Q2 Net Revenue Up 6% to $2.3B; Reports $361M Net Loss After Penalty
AI Summary
Trip.com Group announced its unaudited second quarter and first half of 2026 financial results, reporting a 6% year-over-year increase in total net revenue to RMB15.7 billion (US$2.3 billion). The company saw robust growth in its international business, with platform revenue up over 50% and inbound travel revenue increasing at a high double-digit rate. However, a significant RMB5.2 billion (US$763 million) anti-monopoly penalty resulted in a net loss of RMB2.4 billion (US$361 million) for the quarter. Excluding this penalty, the company would have reported a net income of RMB2.7 billion. Non-GAAP diluted earnings per ADS improved to RMB7.27 (US$1.07).
Key Highlights
- Trip.com Group reported Q2 2026 net revenue of RMB15.7 billion (US$2.3 billion), a 6% increase year-over-year.
- International platform revenue increased over 50% year-over-year; inbound travel revenue grew at a high double-digit rate.
- Q2 2026 net loss was RMB2.4 billion (US$361 million), primarily due to a RMB5.2 billion (US$763 million) anti-monopoly penalty.
- Excluding the penalty, Q2 2026 net income would have been RMB2.7 billion (US$402 million).
- Non-GAAP diluted earnings per ADS was RMB7.27 (US$1.07), up from RMB7.20 in Q2 2025.
- Accommodation reservation revenue increased 6% YoY to RMB6.6 billion; transportation ticketing revenue decreased 1% YoY to RMB5.4 billion.
Price Impact
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