Trip.com Group First-Half 2026 Net Profit Falls 99.55% After RMB5.2 Billion Antitrust Penalty
Trip. com Group reported net profit attributable to shareholders of RMB41 million for the six months ended June 2026, down 99.55% year on year, on net revenue of RMB31.871 billion, up 11.15%. In the second quarter, the company swung to a loss of RMB2.458 billion after China's market regulator imposed a RMB5.2 billion antitrust penalty. Second-quarter net revenue rose 5.52% to RMB15.663 billion, while adjusted EBITDA was RMB4.6 billion against RMB4.9 billion a year earlier.
Trip. com Group has reported interim results for the six months ended June 2026, with net profit attributable to shareholders of RMB41 million, down 99.55% year on year. Basic earnings per share were RMB0.06. Net operating revenue for the period totaled RMB31.871 billion, up 11.15% year on year. The interim figures cover the six months ended June 2026.
In the second quarter of 2026, Trip. com Group swung from profit to loss, recording a loss attributable to shareholders of RMB2.458 billion, mainly because the State Administration for Market Regulation imposed a RMB5.2 billion antitrust penalty. Basic loss per share for the quarter was RMB3.89, and net operating revenue totaled RMB15.663 billion, up 5.52% year on year. Adjusted EBITDA for the quarter was RMB4.6 billion, compared with RMB4.9 billion in the same period of 2025, when profit was RMB4.846 billion.
Why this event matters
The event has a measured impact on 3 industrys. The strongest current signal is mixed for Tourism, with intensity 45/100 and 65% confidence over a short term horizon.
Tourism
- Direction
- mixed
- Intensity
- 45
- Confidence
- 65%
- Horizon
- Short term
Hotels
- Direction
- positive
- Intensity
- 35
- Confidence
- 55%
- Horizon
- Medium term
Local Consumer Platforms
- Direction
- mixed
- Intensity
- 30
- Confidence
- 50%
- Horizon
- Medium term
Impact figures are analytical estimates that combine direction, intensity, confidence and event importance. They are not investment advice.