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Side-by-side financial comparison of Trip.com Group Ltd (TCOM) and Vital Farms, Inc. (VITL). Click either name above to swap in a different company.

Trip.com Group Ltd is the larger business by last-quarter revenue ($304.6M vs $213.6M, roughly 1.4× Vital Farms, Inc.). Trip.com Group Ltd runs the higher net margin — 27.8% vs 7.6%, a 20.1% gap on every dollar of revenue.

Trip.com Group Limited is a multinational travel agency headquartered in Shanghai, China. It is the largest online travel service provider in the world.

Vital Tomosi Dairy Limited is a dairy processing company in Uganda. The company is a joint venture between Vital Capital Fund, "an impact investing fund primarily focused on Sub-Saharan Africa", and "Tomosi Dairy Farms, a Ugandan producer of dairy products".

TCOM vs VITL — Head-to-Head

Bigger by revenue
TCOM
TCOM
1.4× larger
TCOM
$304.6M
$213.6M
VITL
Higher net margin
TCOM
TCOM
20.1% more per $
TCOM
27.8%
7.6%
VITL

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
TCOM
TCOM
VITL
VITL
Revenue
$304.6M
$213.6M
Net Profit
$84.6M
$16.3M
Gross Margin
78.8%
35.8%
Operating Margin
16.5%
10.0%
Net Margin
27.8%
7.6%
Revenue YoY
28.7%
Net Profit YoY
54.3%
EPS (diluted)
$0.12
$0.35

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
TCOM
TCOM
VITL
VITL
Q4 25
$304.6M
$213.6M
Q3 25
$198.9M
Q2 25
$184.8M
Q1 25
$162.2M
Q4 24
$166.0M
Q3 24
$145.0M
Q2 24
$242.7M
$147.4M
Q1 24
$147.9M
Net Profit
TCOM
TCOM
VITL
VITL
Q4 25
$84.6M
$16.3M
Q3 25
$16.4M
Q2 25
$16.6M
Q1 25
$16.9M
Q4 24
$10.6M
Q3 24
$7.4M
Q2 24
$73.8M
$16.3M
Q1 24
$19.0M
Gross Margin
TCOM
TCOM
VITL
VITL
Q4 25
78.8%
35.8%
Q3 25
37.7%
Q2 25
38.9%
Q1 25
38.5%
Q4 24
36.1%
Q3 24
36.9%
Q2 24
81.8%
39.1%
Q1 24
39.8%
Operating Margin
TCOM
TCOM
VITL
VITL
Q4 25
16.5%
10.0%
Q3 25
10.8%
Q2 25
12.9%
Q1 25
13.4%
Q4 24
7.8%
Q3 24
6.4%
Q2 24
27.8%
11.6%
Q1 24
16.3%
Net Margin
TCOM
TCOM
VITL
VITL
Q4 25
27.8%
7.6%
Q3 25
8.3%
Q2 25
9.0%
Q1 25
10.4%
Q4 24
6.4%
Q3 24
5.1%
Q2 24
30.4%
11.1%
Q1 24
12.9%
EPS (diluted)
TCOM
TCOM
VITL
VITL
Q4 25
$0.12
$0.35
Q3 25
$0.36
Q2 25
$0.36
Q1 25
$0.37
Q4 24
$0.23
Q3 24
$0.16
Q2 24
$0.11
$0.36
Q1 24
$0.43

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
TCOM
TCOM
VITL
VITL
Cash + ST InvestmentsLiquidity on hand
$10.8B
$48.8M
Total DebtLower is stronger
$4.2B
Stockholders' EquityBook value
$23.8B
$351.3M
Total Assets
$36.9B
$518.7M
Debt / EquityLower = less leverage
0.18×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
TCOM
TCOM
VITL
VITL
Q4 25
$10.8B
$48.8M
Q3 25
$93.8M
Q2 25
$108.2M
Q1 25
$156.3M
Q4 24
$150.6M
Q3 24
$149.5M
Q2 24
$12.4B
$133.2M
Q1 24
$113.8M
Total Debt
TCOM
TCOM
VITL
VITL
Q4 25
$4.2B
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
$8.2B
Q1 24
Stockholders' Equity
TCOM
TCOM
VITL
VITL
Q4 25
$23.8B
$351.3M
Q3 25
$331.2M
Q2 25
$309.8M
Q1 25
$288.9M
Q4 24
$269.3M
Q3 24
$253.4M
Q2 24
$18.1B
$238.4M
Q1 24
$213.3M
Total Assets
TCOM
TCOM
VITL
VITL
Q4 25
$36.9B
$518.7M
Q3 25
$481.5M
Q2 25
$430.8M
Q1 25
$376.9M
Q4 24
$359.3M
Q3 24
$344.7M
Q2 24
$34.2B
$320.5M
Q1 24
$300.2M
Debt / Equity
TCOM
TCOM
VITL
VITL
Q4 25
0.18×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
0.45×
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
TCOM
TCOM
VITL
VITL
Operating Cash FlowLast quarter
$5.8M
Free Cash FlowOCF − Capex
$-32.1M
FCF MarginFCF / Revenue
-15.1%
Capex IntensityCapex / Revenue
17.8%
Cash ConversionOCF / Net Profit
0.35×
TTM Free Cash FlowTrailing 4 quarters
$-48.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
TCOM
TCOM
VITL
VITL
Q4 25
$5.8M
Q3 25
$23.4M
Q2 25
$-761.0K
Q1 25
$5.3M
Q4 24
$14.8M
Q3 24
$10.0M
Q2 24
$16.1M
Q1 24
$23.9M
Free Cash Flow
TCOM
TCOM
VITL
VITL
Q4 25
$-32.1M
Q3 25
$-10.6M
Q2 25
$-7.6M
Q1 25
$2.1M
Q4 24
$-3.4M
Q3 24
$6.4M
Q2 24
$10.5M
Q1 24
$22.6M
FCF Margin
TCOM
TCOM
VITL
VITL
Q4 25
-15.1%
Q3 25
-5.3%
Q2 25
-4.1%
Q1 25
1.3%
Q4 24
-2.0%
Q3 24
4.4%
Q2 24
7.2%
Q1 24
15.3%
Capex Intensity
TCOM
TCOM
VITL
VITL
Q4 25
17.8%
Q3 25
17.1%
Q2 25
3.7%
Q1 25
1.9%
Q4 24
10.9%
Q3 24
2.5%
Q2 24
3.8%
Q1 24
0.9%
Cash Conversion
TCOM
TCOM
VITL
VITL
Q4 25
0.35×
Q3 25
1.43×
Q2 25
-0.05×
Q1 25
0.31×
Q4 24
1.40×
Q3 24
1.34×
Q2 24
0.99×
Q1 24
1.26×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

TCOM
TCOM

Others$273.0M90%
Other$31.6M10%

VITL
VITL

Eggs And Egg Related Products$205.8M96%
Butter And Butter Related Products$7.7M4%

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