Trip.com Group Ltd.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $8.93B | $7.30B | $6.27B | $2.91B | $3.14B | $2.81B | $5.12B | $4.52B |
| Cost of Revenue | $1.73B | $1.37B | $1.14B | $654.0M | $721.0M | $618.0M | $1.06B | $920.0M |
| Gross Profit | $7.19B | $5.93B | $5.13B | $2.25B | $2.42B | $2.19B | $4.06B | $3.58B |
| Gross Margin | 80.6% | 81.3% | 81.8% | 77.5% | 77.1% | 78.0% | 79.3% | 79.2% |
| Operating Expenses | ||||||||
| Research & Development | $2.16B | $1.80B | $1.71B | $1.21B | $1.41B | $1.18B | $1.53B | $1.40B |
| SG&A Expense | $640.0M | $560.0M | $527.0M | $413.0M | $459.0M | $557.0M | $472.0M | $410.0M |
| Operating Income | $2.26B | $1.94B | $1.60B | $15.0M | $-221.0M | $-218.0M | $723.0M | $379.0M |
| Operating Margin | 25.3% | 26.6% | 25.4% | 0.5% | -7.0% | -7.8% | 14.1% | 8.4% |
| Interest Expense | $121.0M | $238.0M | $291.0M | $219.0M | $246.0M | $263.0M | $241.0M | $219.0M |
| Pretax Income | $5.56B | $2.33B | $1.50B | $385.0M | $-74.0M | $-188.0M | $1.30B | $280.0M |
| Income Tax Expense | $832.0M | $357.0M | $246.0M | $99.0M | $42.0M | $54.0M | $250.0M | $115.0M |
| Net Income | $4.76B | $2.34B | $1.40B | $206.0M | $-86.0M | $-497.0M | $1.01B | $162.0M |
| Net Margin | 53.4% | 32.0% | 22.3% | 7.1% | -2.7% | -17.7% | 19.6% | 3.6% |
| EPS (Basic) | — | — | — | — | — | — | — | — |
| EPS (Diluted) | — | — | — | — | — | — | — | — |
| Shares Outstanding (Basic) | 657.8M | 654.0M | 652.9M | 648.4M | 634.1M | 600.9M | 567.9M | 615.6M |
| Shares Outstanding (Diluted) | 698.4M | 688.7M | 671.1M | 657.1M | 634.1M | 600.9M | 642.0M | 638.3M |
| Dividends Per Share | — | — | — | — | — | — | — | — |