Trip.com Group stock reports 6 percent revenue growth in Q2
Published on 10/01/2026 at 01:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Trip.com Group stock is tied to a travel platform that reported RMB 15.7 billion in second-quarter 2026 revenue on September 15, 2026, up 6 percent from the same period a year earlier. The result combined international expansion with a one-time regulatory charge that reshaped the quarter's earnings profile.
Revenue grows as costs rise
According to Trip.com Group in its September 15, 2026 release, international platform revenue increased more than 50 percent year over year. Accommodation reservation revenue rose 6 percent to RMB 6.6 billion, while packaged-tour revenue advanced 8 percent to RMB 1.2 billion.
The comparison across business lines is important. Corporate travel revenue increased 11 percent to RMB 771 million, but transportation ticketing revenue declined 1 percent to RMB 5.4 billion as higher fuel prices, geopolitical tensions and operating adjustments weighed on demand.
Penalty masks operating performance
Trip.com Group reported a RMB 2.4 billion net loss for Q2 2026, compared with RMB 4.9 billion of net income in the year-earlier quarter. The result reflected a RMB 5.2 billion anti-monopoly penalty, while adjusted diluted earnings per share reached RMB 7.27, up from RMB 7.20 a year earlier, according to Trip.com Group.
Adjusted EBITDA was RMB 4.6 billion, down from RMB 4.9 billion in Q2 2025. The figures show the central tension in the stock story: international growth is accelerating, while regulatory costs and heavier marketing investment are pressuring reported profitability.
Stock valuation stays below yearly high
Trip.com Group was last at USD 39.10 on Nasdaq on September 30, 2026 at 4:00 p.m. ET. Its market capitalization was USD 25.4 billion, while the 52-week range stood at USD 38.04 to USD 78.99 on the same date.
The stock's market value sat only USD 1.06 above its 52-week low and USD 39.89 below its yearly high. That spread places the operating growth figures against a share price still positioned near the bottom of its annual range, while the Q2 penalty leaves investors weighing one-time charges against international expansion.
Trip.com Group stock facts
- Company: Trip.com Group Limited
- Ticker: TCOM
- Primary exchange: Nasdaq
- Market capitalization: USD 25.4 billion (as of September 30, 2026)
- 52-week range: USD 38.04-78.99 (as of September 30, 2026)
- Sector / Industry: Consumer Cyclical / Travel Services
