携程网（TCOM）今日盘前股价大跌13.64%，引发了市场的广泛关注。
消息面上，公司最新发布的2026年第一季度财报显示，尽管净营业收入同比增长17%至162亿元人民币，但归属于公司股东的净利润同比大幅下滑41.57%，仅为25亿元。同时，调整后每ADS收益为5.73元人民币，低于市场预期。
更令市场担忧的是，携程对第二季度的业绩指引疲软，预计净营业收入同比增速将显著放缓至约3%至8%，远低于第一季度的增速。公司表示，这一预期受到高能源价格、地缘政治波动等宏观不利因素，以及为应对行业合规框架变化而进行的运营调整影响。此外，公司正在配合国家市场监督管理总局的反垄断调查，该调查结果可能对公司财务状况产生重大不利影响，进一步加剧了投资者的谨慎情绪。
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