Trip.com Group Limited (TCOM) Revenue History
Annual and quarterly revenue from 2002 to present
TCOM Revenue Over Time (2002–2025)
TCOM Revenue Growth History
22 of 23 years with positive growth- FY2002 revenue growth
- N/A
- FY2003 revenue growth
- +73.1%
- FY2004 revenue growth
- +92.8%
- FY2005 revenue growth
- +56.2%
- FY2006 revenue growth
- +59.8%
- FY2007 revenue growth
- +54.7%
- FY2008 revenue growth
- +15.0%
- FY2009 revenue growth
- +34.1%
- FY2010 revenue growth
- +44.9%
- FY2011 revenue growth
- +21.4%
- FY2012 revenue growth
- +18.9%
- FY2013 revenue growth
- +29.5%
- FY2014 revenue growth
- +36.4%
- FY2015 revenue growth
- +48.3%
- FY2016 revenue growth
- +76.6%
- FY2017 revenue growth
- +39.2%
- FY2018 revenue growth
- +15.6%
- FY2019 revenue growth
- +15.2%
- FY2020 revenue growth
- -48.6%
- FY2021 revenue growth
- +9.3%
- FY2022 revenue growth
- +0.1%
- FY2023 revenue growth
- +122.1%
- FY2024 revenue growth
- +19.7%
- FY2025 revenue growth
- +13.9%
| Quarter | Revenue | YoY |
|---|---|---|
| Q4 2025 | $15.19B | +19.2% |
| Q3 2025 | $18.34B | +15.5% |
| Q2 2025 | $14.84B | +16.2% |
| Q1 2025 | $13.83B | +16.2% |
| Q4 2024 | $12.74B | +23.4% |
| Q3 2024 | $15.87B | +15.5% |
| Q2 2024 | $12.77B | +13.6% |
| Q1 2024 | $11.90B | +29.4% |
Multi-year avg. share of annual revenue by fiscal quarter
Revenue Breakdown (FY 2025)
TCOM's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
TCOM Revenue Analysis (2002–2025)
Current Revenue & Growth
As of June 22, 2026, Trip.com Group Limited (TCOM) generated trailing twelve-month (TTM) revenue of $62.20 billion, reflecting strong growth of +19.2% year-over-year. The most recent quarter (Q4 2025) recorded $15.19 billion in revenue, down 17.2% sequentially.
Historical Growth Trajectory
TCOM's 5-year compound annual growth rate (CAGR) stands at +27.1%, indicating outstanding long-term growth trajectory. The 3-year CAGR of +44.7% exceeds the 5-year average, indicating an acceleration in the most recent period. Trip.com Group Limited's highest annual revenue of $60.71 billion was recorded in 2025, an all-time high.
Revenue by Segment
TCOM's revenue is primarily driven by Accommodation Reservation Services (42%), Transportation Ticketing Services (36%), and Product and Service, Other (10%). The diversified mix across segments reduces dependence on any single product line, which can support more resilient revenue in downturns.
Peer Comparison
Compared to Consumer Cyclical sector peers — including BKNG (+15.0% YoY), EXPE (+10.0% YoY), and ABNB (+12.6% YoY) — TCOM has outperformed the peer group in revenue growth. Compare TCOM vs BKNG →
TCOM Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| TCOMCurrent | $62.2B | +19.2% | +27.1% | 25.3% | |
 BKNG | $26.9B | +15.0% | +31.7% | 34.5% | |
 EXPE | $14.7B | +10.0% | +23.2% | 13.4% | |
 ABNB | $12.2B | +12.6% | +29.4% | 20.8% | |
 TRIP | $1.9B | +2.0% | +25.6% | 4.2% | |
 MMYT | $1.0B | +6.7% | +44.9% | 14.7% |
TCOM Historical Revenue Data (2002–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $60.71B | +13.9% | $48.92B | 80.6% | $15.34B | 25.3% |
| 2024 | $53.29B | +19.7% | $43.30B | 81.3% | $14.18B | 26.6% |
| 2023 | $44.51B | +122.1% | $36.39B | 81.8% | $11.32B | 25.4% |
| 2022 | $20.04B | +0.1% | $15.53B | 77.5% | $88.0M | 0.4% |
| 2021 | $20.02B | +9.3% | $15.43B | 77.0% | $-1,411,000,000 | -7.0% |
| 2020 | $18.32B | -48.6% | $14.29B | 78.0% | $-1,423,000,000 | -7.8% |
| 2019 | $35.67B | +15.2% | $28.29B | 79.3% | $5.04B | 14.1% |
| 2018 | $30.96B | +15.6% | $24.64B | 79.6% | $2.60B | 8.4% |
| 2017 | $26.80B | +39.2% | $22.12B | 82.5% | $2.94B | 11.0% |
| 2016 | $19.25B | +76.6% | $14.52B | 75.4% | $-1,552,000,000 | -8.1% |
| 2015 | $10.90B | +48.3% | $7.85B | 72.1% | $381.0M | 3.5% |
| 2014 | $7.35B | +36.4% | $5.25B | 71.4% | $-150,797,144 | -2.1% |
| 2013 | $5.39B | +29.5% | $4.00B | 74.3% | $838.4M | 15.6% |
| 2012 | $4.16B | +18.9% | $3.12B | 75.0% | $654.6M | 15.7% |
| 2011 | $3.50B | +21.4% | $2.69B | 77.0% | $1.07B | 30.5% |
Full Stock Analysis
Deep dive into TCOM consensus models and risk factors.
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
24+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
TCOM — Frequently Asked Questions
Quick answers to the most common questions about buying TCOM stock.
Is TCOM's revenue growth accelerating or slowing?
TCOM revenue growth is accelerating. TTM revenue reached $62.2B, up +19.2% year-over-year — ahead of the 5-year CAGR of +27.1%. This indicates the business is expanding faster than its historical baseline.
What is TCOM's revenue history from 2002 to 2026?
Trip.com Group Limited (TCOM) revenue history spans 2002 to 2026. TTM revenue as of 2026 is $62.2B, growing at +19.2% YoY. The 5-year CAGR is +27.1%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is TCOM's long-term revenue growth rate (CAGR)?
Trip.com Group Limited's 5-year revenue CAGR of +27.1% reflects the sustained nature of its business expansion. As of 2026, the current YoY growth rate of +19.2% is above this long-term average. CAGR is the most reliable measure of sustained revenue momentum for TCOM.
Why does TCOM's quarterly revenue fluctuate?
TCOM quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. Trip.com Group Limited's revenue data from 2002 to 2026 shows full historical quarterly detail on this page.
How is TCOM's revenue distributed by segment?
TCOM reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does TCOM's revenue compare to industry peers?
Trip.com Group Limited (TCOM) with TTM revenue of $62.2B and +19.2% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.