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Side-by-side financial comparison of Trip.com Group Ltd (TCOM) and Vroom, Inc. (VRM). 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 $235.9M, roughly 1.3× Vroom, Inc.). Trip.com Group Ltd runs the higher net margin — 27.8% vs -59.8%, a 87.6% 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.

Vroom, Inc. is a parent company of United Auto Credit Corporation (UACC) and CarStory. Previously, Vroom was a used car retailer and e-commerce company that let consumers buy, sell, and finance cars online. Vroom ceased e-commerce automotive sales operations on January 22, 2024.

TCOM vs VRM — Head-to-Head

Bigger by revenue
TCOM
TCOM
1.3× larger
TCOM
$304.6M
$235.9M
VRM
Higher net margin
TCOM
TCOM
87.6% more per $
TCOM
27.8%
-59.8%
VRM

Income Statement — Q4 FY2025 vs Q4 FY2023

Metric
TCOM
TCOM
VRM
VRM
Revenue
$304.6M
$235.9M
Net Profit
$84.6M
$-141.1M
Gross Margin
78.8%
12.3%
Operating Margin
16.5%
-11.5%
Net Margin
27.8%
-59.8%
Revenue YoY
12.9%
Net Profit YoY
-669.8%
EPS (diluted)
$0.12
$-80.66

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
VRM
VRM
Q4 25
$304.6M
Q2 24
$242.7M
Q4 23
$235.9M
Q3 23
$235.6M
Q2 23
$214.5M
$225.2M
Q1 23
$196.5M
Q4 22
$100.7M
$208.9M
Q3 22
$82.7M
$340.8M
Net Profit
TCOM
TCOM
VRM
VRM
Q4 25
$84.6M
Q2 24
$73.8M
Q4 23
$-141.1M
Q3 23
$-82.7M
Q2 23
$12.6M
$-66.0M
Q1 23
$-74.7M
Q4 22
$41.5M
$24.8M
Q3 22
$152.6M
$-51.1M
Gross Margin
TCOM
TCOM
VRM
VRM
Q4 25
78.8%
Q2 24
81.8%
Q4 23
12.3%
Q3 23
20.4%
Q2 23
82.0%
20.4%
Q1 23
19.8%
Q4 22
76.0%
14.1%
Q3 22
75.5%
19.8%
Operating Margin
TCOM
TCOM
VRM
VRM
Q4 25
16.5%
Q2 24
27.8%
Q4 23
-11.5%
Q3 23
-18.0%
Q2 23
26.4%
-23.4%
Q1 23
-34.7%
Q4 22
-37.2%
Q3 22
-4.2%
-22.9%
Net Margin
TCOM
TCOM
VRM
VRM
Q4 25
27.8%
Q2 24
30.4%
Q4 23
-59.8%
Q3 23
-35.1%
Q2 23
5.9%
-29.3%
Q1 23
-38.0%
Q4 22
41.2%
11.9%
Q3 22
184.6%
-15.0%
EPS (diluted)
TCOM
TCOM
VRM
VRM
Q4 25
$0.12
Q2 24
$0.11
Q4 23
$-80.66
Q3 23
$-47.38
Q2 23
$0.02
$-37.97
Q1 23
$-43.16
Q4 22
$0.06
Q3 22
$0.00
$-0.37

Balance Sheet & Financial Strength

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

Metric
TCOM
TCOM
VRM
VRM
Cash + ST InvestmentsLiquidity on hand
$10.8B
$135.6M
Total DebtLower is stronger
$4.2B
$454.2M
Stockholders' EquityBook value
$23.8B
$127.7M
Total Assets
$36.9B
$1.5B
Debt / EquityLower = less leverage
0.18×
3.56×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
TCOM
TCOM
VRM
VRM
Q4 25
$10.8B
Q2 24
$12.4B
Q4 23
$135.6M
Q3 23
$208.6M
Q2 23
$7.6B
$237.9M
Q1 23
$316.7M
Q4 22
$6.2B
$398.9M
Q3 22
$7.4B
$509.7M
Total Debt
TCOM
TCOM
VRM
VRM
Q4 25
$4.2B
Q2 24
$8.2B
Q4 23
$454.2M
Q3 23
$521.4M
Q2 23
$7.2B
$544.9M
Q1 23
$554.7M
Q4 22
$1.8B
$402.2M
Q3 22
$7.4B
$607.8M
Stockholders' Equity
TCOM
TCOM
VRM
VRM
Q4 25
$23.8B
Q2 24
$18.1B
Q4 23
$127.7M
Q3 23
$263.6M
Q2 23
$16.3B
$343.4M
Q1 23
$407.1M
Q4 22
$16.3B
$479.8M
Q3 22
$15.2B
$445.1M
Total Assets
TCOM
TCOM
VRM
VRM
Q4 25
$36.9B
Q2 24
$34.2B
Q4 23
$1.5B
Q3 23
$1.6B
Q2 23
$30.1B
$1.6B
Q1 23
$1.7B
Q4 22
$27.8B
$1.6B
Q3 22
$26.9B
$1.8B
Debt / Equity
TCOM
TCOM
VRM
VRM
Q4 25
0.18×
Q2 24
0.45×
Q4 23
3.56×
Q3 23
1.98×
Q2 23
0.44×
1.59×
Q1 23
1.36×
Q4 22
0.11×
0.84×
Q3 22
0.49×
1.37×

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
VRM
VRM
Operating Cash FlowLast quarter
$-108.1M
Free Cash FlowOCF − Capex
$-108.8M
FCF MarginFCF / Revenue
-46.1%
Capex IntensityCapex / Revenue
0.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-536.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
TCOM
TCOM
VRM
VRM
Q4 25
Q2 24
Q4 23
$-108.1M
Q3 23
$-193.5M
Q2 23
$-147.1M
Q1 23
$-85.0M
Q4 22
$380.0M
$-86.0M
Q3 22
$114.4M
Free Cash Flow
TCOM
TCOM
VRM
VRM
Q4 25
Q2 24
Q4 23
$-108.8M
Q3 23
$-194.2M
Q2 23
$-147.5M
Q1 23
$-85.8M
Q4 22
$308.0M
$-90.2M
Q3 22
$110.5M
FCF Margin
TCOM
TCOM
VRM
VRM
Q4 25
Q2 24
Q4 23
-46.1%
Q3 23
-82.4%
Q2 23
-65.5%
Q1 23
-43.7%
Q4 22
305.7%
-43.2%
Q3 22
32.4%
Capex Intensity
TCOM
TCOM
VRM
VRM
Q4 25
Q2 24
Q4 23
0.3%
Q3 23
0.3%
Q2 23
0.2%
Q1 23
0.4%
Q4 22
71.5%
2.0%
Q3 22
1.2%
Cash Conversion
TCOM
TCOM
VRM
VRM
Q4 25
Q2 24
Q4 23
Q3 23
Q2 23
Q1 23
Q4 22
9.15×
-3.47×
Q3 22

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%

VRM
VRM

Segment breakdown not available.

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