Research memoTrip.com Group Limited (9961.HK) · HKSEMemo of October 17, 2026

Trip.com earnings date and guidance

Trip.com’s next results are expected on November 23, 2026. Watch whether hotel practices change the economics of Trip.com’s platform.

November 23, 2026
Next results
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Every number traced to Trip.com's filings8 chapters · 14,485 words87 sources cited

What has Trip.com guided for the next few quarters?

Management guidance is a company’s best short-term estimate, not a permanent promise. In June, Trip.com expected Q2 2026 revenue to grow by approximately 3%–8% year over year. Revenue grew 6%, so the forecast described that quarter reasonably well.

Once Q2 ended, however, the forecast became historical information. In the September results and call, management discussed globalization, service quality, artificial intelligence and compliance, but gave no new revenue or margin target. Its comments therefore describe priorities rather than a quantified forecast.

What do Trip.com’s last eight reported periods show?

The last eight reported periodsRMB millions; per share in RMB
Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue15,66316,20815,39818,33814,84313,83012,74415,873
Gross margin79.8%79.5%79.0%81.7%81.0%80.4%79.3%82.4%
Operating income-1,4623,9452,5345,5744,1023,5632,3015,006
Net income-2,4582,4994,28119,8904,8464,2772,1576,765
EPS, diluted-3.893.676.1128.616.976.093.099.93

What should investors watch in Trip.com’s next results?

The central risk is whether Trip.com can change its hotel practices without weakening the economics of its platform.

If hotels can work more freely with rival platforms, Trip.com may lose bargaining power. Commissions could fall, promotional costs could rise or control over prices and availability could weaken. That is why the remedy matters beyond its one-time charge.

From the full memo · 1. The business

Trip.com Group Limited is a travel marketplace: it helps people find, compare and arrange trips through Ctrip, Qunar and Trip.com. To understand its business, follow the money from traveler to supplier, then watch the fees, costs and risks that remain with the platform.

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Where these numbers come from

More on Trip.com

Trip.com stock forecastTrip.com dividend

Its rivals

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