Shares of Trip.com Group Limited (NASDAQ: TCOM) are surging 8.06% in pre-market trading on Thursday following the company's announcement of better-than-expected second quarter 2025 financial results and a new $5 billion share repurchase program.
The Chinese online travel giant reported impressive growth across key metrics, with net revenue rising 16% year-over-year to RMB 14.8 billion (US$2.1 billion), surpassing analyst estimates of RMB 14.64 billion. Net profit attributable to Trip.com Group's shareholders jumped 26.43% to RMB 4.846 billion (US$676 million) compared to the same period last year.
Adjusted earnings per ADS came in at RMB 7.20 (US$1.01), significantly beating the consensus forecast of RMB 6.13. This strong performance was driven by robust growth across all business segments, particularly in international markets.
"We are encouraged by the strong momentum across all segments of the travel industry," said Jane Sun, Chief Executive Officer of Trip.com Group. "Our strategy focuses on capturing growing demand from every demographic, with special attention to inbound travel."
The company's international business saw exceptional growth, with overall reservations on its international OTA platform increasing by over 60% year-over-year. Inbound travel bookings surged by more than 100%, while outbound hotel and air ticket bookings surpassed 120% of pre-pandemic levels for the same period in 2019.
Adding to investor optimism, Trip.com Group's board of directors authorized a new share repurchase program of up to $5 billion, signaling confidence in the company's future prospects and commitment to delivering shareholder value.