Singapore's Trip.com Q4 revenue rises 21% on strong travel demand, announces board changes

Trip.com

25/02/2026 22:12

Overview

Singapore travel service provider's Q4 revenue rose 21% yr/yr, driven by travel demand

Net income for Q4 increased yr/yr, but fell from the previous quarter

Company announced board changes and ongoing antitrust investigation

Min Fan resigned from his positions as a director and the president of the Company, and Qi Ji resigned from his position as a director

Outlook

Trip.com highlights inbound travel as a key growth driver

Company continues to invest in AI innovations for sustainable development

Result Drivers

INTERNATIONAL GROWTH - Co reported a 60% yr/yr increase in bookings on its international OTA platform, driving Q4 results

INBOUND TRAVEL - Inbound travel was a key growth driver, contributing to economic growth and job creation, per CEO Jane Sun

SEASONALITY IMPACT - Q4 revenue decreased 16% from Q3 due to seasonality, despite a 21% yr/yr increase

Company press release: ID:nPn5xkX1Ma

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
RMB 15.4 bln
Q4 EPS
RMB 6.11
Q4 Net Income
RMB 4.3 bln
Q4 Adjusted EBITDA
RMB 3.40 bln


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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)