Trip.com Group Files Annual Report for FY 2025
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 3 days ago
0mins
Should l Buy TCOM?
Source: Newsfilter
- Annual Report Submission: Trip.com Group filed its annual report on Form 20-F with the SEC on April 28, 2026, which includes audited financial statements for the three years ending December 31, 2025, providing investors with transparent insights into the company's financial performance over this period.
- Investor Relations Website: The annual report is accessible on the company's investor relations website, where security holders can request a free copy of the report as per the instructions provided, enhancing communication and trust between the company and its investors.
- Global Travel Platform: As a leading one-stop travel service provider, Trip.com Group integrates accommodation reservations, transportation ticketing, packaged tours, and corporate travel management, aiming to deliver flexible and convenient travel experiences, thereby increasing its influence in the global market.
- Brand Portfolio: The company operates under several well-known brands, including Ctrip, Qunar, Trip.com, and Skyscanner, with a mission to “pursue the perfect trip for a better world,” reflecting its strategic positioning and long-term vision in the global travel market.
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Analyst Views on TCOM
Wall Street analysts forecast TCOM stock price to rise
7 Analyst Rating
7 Buy
0 Hold
0 Sell
Strong Buy
Current: 54.210
Low
82.00
Averages
85.00
High
90.00
Current: 54.210
Low
82.00
Averages
85.00
High
90.00
About TCOM
Trip.com Group Limited is a global travel service provider comprising Trip.com, Ctrip, Skyscanner and Qunar. Its one-stop travel platform connects its users and its ecosystem partners. It offers accommodation reservations, transportation ticketing, packaged tours, and corporate travel management services and other travel-related services to meet the various booking and traveling needs of both leisure and business travelers through its travel platform. It helps travelers around the world make informed and cost-effective bookings for travel products and services and enables partners to connect their offerings with users through the aggregation of comprehensive travel-related content and resources and an advanced transaction platform, including apps, websites and 24/7 customer service centers. Ctrip provides travel and related services in China. Qunar is an online travel agency in China. Trip.com is an online travel agency for global travelers. Skyscanner is a travel search company.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Multi-City Travel Surge: According to Trip.com Group, multi-city travel in the Asia-Pacific region grew by 35% year-on-year during the Labour Day period, indicating a rising consumer preference for complex itineraries that drive strong cross-border and domestic travel flows.
- Strong Southeast Asia Performance: Demand for multi-city travel in Southeast Asia is steadily increasing, with Thailand leading at 52% growth, followed by Malaysia at 40% and Singapore at 17%, highlighting the rapid development of the region's tourism market and attracting more travelers to multi-destination trips.
- Shift in Travel Patterns: Bookings for multi-destination trips are growing at more than twice the pace of single-destination travel, reflecting travelers' demand for flexibility and deeper exploration, particularly in markets like Japan, South Korea, and China, where more tourists are opting to visit multiple cities in a single trip.
- Domestic Travel Momentum: Japan is also experiencing rapid growth in domestic travel, accounting for one-quarter of all flight bookings, demonstrating strong demand for domestic tourism and further contributing to the overall recovery of the Asia-Pacific travel market.
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- Class Action Initiated: Pomerantz LLP has filed a class action lawsuit against Trip.com, alleging securities fraud and other unlawful business practices, with investors required to apply as Lead Plaintiff by May 11, 2026, indicating potential legal risks that could threaten the company's reputation.
- Antitrust Investigation: The State Administration for Market Regulation in China is investigating Trip.com for alleged antitrust conduct, accusing the company of abusing its market position and engaging in monopolistic practices, which may lead to stricter regulations and potential fines impacting its operational strategy.
- Significant Stock Drop: Following the announcement of the antitrust investigation, Trip.com's American Depositary Receipt (ADR) price plummeted by $12.90, or 17.05%, closing at $62.78, reflecting market concerns about the company's future prospects and a decline in investor confidence.
- Legal Firm Background: Pomerantz LLP, recognized as a leading firm in securities class litigation with over 85 years of experience, focuses on advocating for victims of securities fraud, and this lawsuit may attract further investor scrutiny regarding Trip.com's compliance and future legal risks.
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- Class Action Notice: Rosen Law Firm reminds investors who purchased Trip.com (NASDAQ: TCOM) securities between April 30, 2024, and January 13, 2026, that they must apply to be lead plaintiff by May 11, 2026, to represent other investors in the class action lawsuit.
- Fee Arrangement: Investors participating in the class action will incur no out-of-pocket costs, as the law firm operates on a contingency fee basis, thereby reducing financial barriers and encouraging more affected investors to join the lawsuit.
- Lawsuit Background: The lawsuit alleges that Trip.com made false or misleading statements during the class period and failed to disclose regulatory risks associated with its monopolistic business practices, resulting in investor losses when the truth emerged, highlighting significant governance and transparency issues within the company.
- Law Firm Credentials: Rosen Law Firm is renowned for its successful track record in securities class actions, having recovered over $438 million for investors in 2019 alone, demonstrating its expertise and influence in handling similar cases.
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- Class Action Initiated: Bragar Eagel & Squire has filed a class action lawsuit against Trip.com in the U.S. District Court for the Eastern District of New York on behalf of investors who purchased securities between April 30, 2024, and January 13, 2026, indicating significant legal risks for the company.
- Regulatory Risk Concealment: The lawsuit alleges that Trip.com failed to disclose regulatory risks associated with its monopolistic business practices during the class period, leading to materially false and misleading statements about its business and prospects, which could undermine investor confidence.
- Stock Price Plunge: Following the announcement on January 14, 2026, that Trip.com received an investigation notice from China's State Administration for Market Regulations, its American Depositary Receipt (ADR) price fell by $12.90, or 17.05%, closing at $62.78, reflecting market anxiety about its future.
- Investor Action Call: Bragar Eagel & Squire urges all investors who suffered losses during the class period to contact them to discuss their rights and potentially become lead plaintiffs, highlighting the firm's commitment to protecting investor interests and providing necessary legal support.
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- Class Action Timeline: Rosen Law Firm reminds investors who purchased Trip.com securities between April 30, 2024, and January 13, 2026, that they must apply to be lead plaintiff by May 11, 2026, to represent other investors in the class action lawsuit.
- Fee Structure: Investors participating in the class action will incur no out-of-pocket expenses, as all costs will be covered through a contingency fee arrangement, enabling broader participation and potential compensation for affected investors.
- Law Firm Credentials: Rosen Law Firm specializes in securities class actions and has recovered over $438 million for investors in 2019 alone, showcasing its successful track record and extensive experience, which enhances investor confidence in their representation.
- Allegations Overview: The lawsuit alleges that Trip.com failed to disclose regulatory risks associated with its monopolistic practices during the class period, resulting in significant investor losses when the truth emerged, highlighting serious deficiencies in the company's transparency and compliance.
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- Lawsuit Deadline: ClaimsFiler reminds Trip.com investors that they must file lead plaintiff applications by May 11, 2026, for securities purchased between April 30, 2024, and January 13, 2026, highlighting investor concerns over potential legal risks associated with the company.
- Antitrust Investigation: Trip.com and certain executives are accused of failing to disclose material information during the class period, violating federal securities laws, which reflects the company's compliance pressures under market regulation and potential legal repercussions.
- Stock Price Volatility: Following the antitrust probe news, Trip.com's ADS price fell by $12.90, or 17.05%, on January 14, 2026, indicating market sensitivity to the company's legal issues and a decline in investor confidence.
- Legal Consultation Services: ClaimsFiler offers free legal consultation services to help investors understand their rights in the Trip.com case, indicating a strong demand for legal support and expectations for potential compensation among investors.
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