Trip.com Group Limited has announced its unaudited financial results for the fourth quarter and full year of 2025, along with changes to its board of directors: Fan Min and Ji Qi have resigned from their director positions. The company's international business segments demonstrated robust growth in 2025, with the total gross bookings of its international OTA platforms increasing by approximately 60% year-over-year. Throughout the year, the company served around 20 million inbound travelers.

In the fourth quarter of 2025, Trip.com Group's net revenue reached 15.4 billion yuan, a 21% increase compared to the same period last year, primarily driven by resilient travel demand. Net revenue decreased by 16% compared to the previous quarter, mainly attributed to seasonal factors. For the full year of 2025, net revenue amounted to 62.4 billion yuan, representing a 17% year-over-year increase.

Accommodation reservation revenue for the fourth quarter of 2025 was 6.3 billion yuan, up 21% year-over-year, mainly due to growth in accommodation bookings. Sequentially, accommodation reservation revenue fell by 22%, primarily due to seasonal influences. For the full year 2025, accommodation reservation revenue totaled 26.1 billion yuan, a 21% increase from the prior year, accounting for 42% of the company's total annual revenue.

Transportation ticketing revenue in the fourth quarter of 2025 was 5.4 billion yuan, a 12% increase year-over-year, largely driven by growth in transportation ticket bookings. This figure represented a 15% decrease from the third quarter, mainly due to seasonality. Full-year 2025 transportation ticketing revenue reached 22.5 billion yuan, an 11% increase from 2024, constituting 36% of the total annual revenue.

Net profit for the full year 2025 was 33.4 billion yuan, compared to a net profit of 17.2 billion yuan in 2024. The significant year-over-year increase was primarily due to investment gains of 19.9 billion yuan included in other income for 2025, compared to 1.1 billion yuan in 2024.

James Liang, Executive Chairman of the Board of Trip.com Group, stated, "Inbound tourism is a key force for broadening opportunities and fostering the development of local communities. Guided by our user-centric and trust-based methodology, we are continuously expanding our efforts. Through sustained investment in inbound tourism, social responsibility, and AI innovation, we are laying a solid foundation for sustainable long-term development."