Trip.com Posts 17% Revenue Growth to RMB62.4B and Net Income of RMB33.4B

TCOMTCOM

Trip.com’s 2025 net revenue rose 17% to RMB62.4 billion with Q4 revenue up 21% at RMB15.4 billion, while full-year net income climbed to RMB33.4 billion. International bookings surged about 60% and inbound traveler services hit 20 million despite an ongoing anti-monopoly probe and board leadership changes.

1. Robust 2025 Financial Performance

Trip.com Group delivered strong top-line results in 2025, with net revenue rising 17% to RMB62.4 billion and full-year net income climbing to RMB33.4 billion. Q4 revenue grew 21% year-over-year to RMB15.4 billion, reflecting resilient travel demand.

2. Segment and Geographic Expansion

Accommodation reservations and transportation ticketing accounted for 42% and 36% of annual revenue respectively, while international platform bookings surged about 60% year-over-year. Trips facilitated services for roughly 20 million inbound travelers during 2025, underscoring global market expansion.

3. Leadership Transitions and Regulatory Review

Co-founders Min Fan and Qi Ji resigned from the board, with May Yihong Wu and Iris Yang Xiao joining as independent directors to bolster governance expertise. The company disclosed cooperation with an ongoing anti-monopoly investigation, stating that operations remain normal.

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