EarningsQ1 2026 Earnings Report
MX:TCOMN Q1 2026 EPS Results
Actual EPS$15.14
Consensus EPS$15.99
Beat/MissMissed by -$0.85
One Year Ago EPS$15.75
MX:TCOMN Q1 2026 Revenue Results
Actual Revenue$41.52B
Expected Revenue$41.95B
Beat/MissMissed by -$429.67M
YoY Revenue Growth+23.16%
Earnings Announcement Details
QuarterQ1 2026
Date06/24/2026
TimeAfter Close
Conference CallWednesday, June 24, 2026
MX:TCOMN Upcoming Earnings
Trip.com Group Sponsored ADR's next earnings date is estimated for November 23, 2026, based on past reporting schedules.
Q1 2026 Earnings Call Audio
MX:TCOMN Q1 2026 Earnings Call
0:00 / 0:00
Q1 2026 Earnings Slide Deck
No slide deck is available for this earnings event.
Q1 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed strong operational and financial momentum across multiple fronts—top-line growth, international and inbound expansion, segment-level gains, improved adjusted EBITDA, a large cash balance, and strategic AI investments. These positives are tempered by a moderated Q2 revenue outlook, higher marketing and product spending, airline capacity and airfare pressures, and active regulatory/compliance adjustments that may create near-term headwinds. Overall the company emphasizes disciplined execution and long-term strategic positioning despite near-term moderation and regulatory uncertainty.Company Guidance
Strong Group Revenue Growth
Group net revenue of RMB 16.2 billion in Q1 2026, a 17% year-over-year increase.
Robust Gross Bookings
Core OTA gross bookings of approximately RMB 300 billion in Q1 2026; international OTA gross bookings up ~65% YoY.
Inbound Travel Acceleration
Inbound gross bookings increased ~90% YoY; served ~7 million inbound travelers in Q1 (20 million last year); average inbound stay 5.1 days, up 11% YoY; engaged >110,000 local partners and 14,000 partners received first-ever overseas orders.
Segment Revenue Strength
Accommodation reservation revenue RMB 6.5 billion (+17% YoY); transportation ticketing revenue RMB 6.1 billion (+12% YoY); package tour revenue RMB 1.1 billion (+19% YoY); corporate travel revenue RMB 690 million (+20% YoY).
Profitability and Cash Position
Adjusted EBITDA RMB 4.8 billion (vs. RMB 4.2 billion prior year); non-GAAP diluted EPS RMB 5.73 (ADS $0.83); cash, equivalents and related financial products RMB 104.0 billion ($15.1 billion) as of March 31, 2026.
Strong Demand in Thematics and New Segments
Entertainment-driven travel gross bookings up 74% YoY; domestic small group travel orders up 27% YoY with 55% higher per-capita spending and 11% longer stays; Old Friends Club hotel gross bookings increased over 100% YoY.
Supply and Platform Reach Expansion
Globally accessible offerings cover ~450,000 hotels and ~180,000 local attraction products; Trip community connects >500,000 travel brands and suppliers and >10,000 qualified creators; engaged creators and KOL programs across multiple countries.
AI and Product Innovation
Integrated AI assistant with core search enabling natural language/voice booking; rolling out AI agents and AI-ready services (data, verified inventory, pricing, transactions) and opening platform via APIs/MCP to third-party agents to capture AI-driven demand.
MX:TCOMN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed