European Investor
16 Sep 2026, 09:35
Trip*com Group Jumps 4.7% Premarket as International Travel Growth Supports Q2 Results
Trip*com Group (NASDAQ: TCOM) shares rose 4.7% in premarket trading Wednesday after the company reported second-quarter results showing resilient travel demand and particularly strong growth across its international operations.
Second-quarter net revenue increased 6% year over year to RMB15.7 billion ($2.3 billion). Revenue from Trip*com’s international platform surged more than 50%, while inbound travel revenue grew at a high double-digit rate. Non-GAAP diluted earnings per ADS reached RMB7.27 ($1.07), up from RMB7.20 a year earlier.
The company reported a GAAP net loss of RMB2.4 billion, largely due to a RMB5.2 billion ($763 million) anti-monopoly penalty imposed by China’s State Administration for Market Regulation. Excluding the penalty, net income would have been RMB2.7 billion, while non-GAAP net income attributable to shareholders reached RMB4.8 billion.
The premarket gain suggests investors are focusing more on the strength of Trip*com’s underlying business and rapid international expansion than on the one-time regulatory charge. Accommodation revenue grew 6%, packaged tours increased 8%, and corporate travel climbed 11%, although transportation ticketing revenue declined 1%.
Trip*com Group (NASDAQ: TCOM) shares rose 4.7% in premarket trading Wednesday after the company reported second-quarter results showing resilient travel demand and particularly strong growth across its international operations.
Second-quarter net revenue increased 6% year over year to RMB15.7 billion ($2.3 billion). Revenue from Trip*com’s international platform surged more than 50%, while inbound travel revenue grew at a high double-digit rate. Non-GAAP diluted earnings per ADS reached RMB7.27 ($1.07), up from RMB7.20 a year earlier.
The company reported a GAAP net loss of RMB2.4 billion, largely due to a RMB5.2 billion ($763 million) anti-monopoly penalty imposed by China’s State Administration for Market Regulation. Excluding the penalty, net income would have been RMB2.7 billion, while non-GAAP net income attributable to shareholders reached RMB4.8 billion.
The premarket gain suggests investors are focusing more on the strength of Trip*com’s underlying business and rapid international expansion than on the one-time regulatory charge. Accommodation revenue grew 6%, packaged tours increased 8%, and corporate travel climbed 11%, although transportation ticketing revenue declined 1%.
