Trip.com Group Ltd income statement

In fiscal 2025, Trip.com Group Ltd reported revenue of $8.68bn, up 17.2% on the year before, operating income of $2.19bn (a 25.3% margin) and net income of $4.63bn. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Trip.com Group Ltd: income statement, annual
Fiscal year	2009Dec 2009	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Revenue	311	453	577	699	930	1,261	1,830	2,984	3,967	4,692	5,165	2,655	3,104	2,984	6,290	7,407	8,684
Cost of revenue	66	92	125	164	226	341	485	713	693	958	1,068	584	713	672	1,148	1,388	1,687
Gross profit	225	333	417	495	651	851	1,250	2,187	3,275	3,734	4,098	2,071	2,391	2,312	5,143	6,019	6,997
Research and development	45	67	93	145	203	377	525	1,158	1,223	1,458	1,545	1,111	1,394	1,242	1,713	1,826	2,106
Selling and marketing	51	67	97	156	206	359	492	883	1,228	1,454	1,346	638	763	633	1,300	1,654	2,074
General and administrative	29	44	62	90	105	140	173	380	388	427	476	527	453	424	529	568	623
Operating income	101	156	165	104	136	−24	61	−234	436	395	730	−206	−219	13	1,600	1,970	2,195
Interest expense	—	—	—	2	9	26	48	110	190	229	243	249	243	225	292	241	118
Income before tax	112	176	200	151	186	6	478	−263	522	291	1,316	−178	−73	392	1,509	2,363	5,406
Income tax	19	30	41	47	48	21	75	73	190	120	252	51	42	102	247	362	809
Net income	96	155	167	113	162	39	399	−214	319	169	1,015	−471	−85	209	1,402	2,372	4,633
Diluted EPS	$2.74	$4.12	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Diluted shares (average)	35m	38m	38m	36m	38m	38m	47m	59m	72m	71m	642m	601m	634m	657m	671m	689m	698m
EBITDA	107	165	177	118	154	4	101	−164	508	478	825	−92	−107	107	1,689	2,061	2,285

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Trip.com Group Ltd's SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to Trip.com Group Ltd.