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Side-by-side financial comparison of Trip.com Group Ltd (TCOM) and VIRTUS INVESTMENT PARTNERS, INC. (VRTS). 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 $199.5M, roughly 1.5× VIRTUS INVESTMENT PARTNERS, INC.). Trip.com Group Ltd runs the higher net margin — 27.8% vs 3.6%, a 24.2% 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.
VIRTUS INVESTMENT PARTNERS, INC.VRTSEarnings & Financial Report
Virtus Investment Partners, Inc. is an American company which operates as a multi-manager asset management business, comprising a number of individual affiliated managers, each having its own investment process and brand, and the services of unaffiliated sub advisers.
TCOM vs VRTS — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $304.6M | $199.5M |
| Net Profit | $84.6M | $7.1M |
| Gross Margin | 78.8% | — |
| Operating Margin | 16.5% | 7.7% |
| Net Margin | 27.8% | 3.6% |
| Revenue YoY | — | -4.1% |
| Net Profit YoY | — | -78.1% |
| EPS (diluted) | $0.12 | $1.05 |
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.
| Q1 26 | — | $199.5M | ||
| Q4 25 | $304.6M | $208.0M | ||
| Q3 25 | — | $216.4M | ||
| Q2 25 | — | $210.5M | ||
| Q1 25 | — | $217.9M | ||
| Q4 24 | — | $233.5M | ||
| Q3 24 | — | $227.0M | ||
| Q2 24 | $242.7M | $224.4M |
| Q1 26 | — | $7.1M | ||
| Q4 25 | $84.6M | $33.9M | ||
| Q3 25 | — | $31.3M | ||
| Q2 25 | — | $42.7M | ||
| Q1 25 | — | $28.1M | ||
| Q4 24 | — | $39.5M | ||
| Q3 24 | — | $49.1M | ||
| Q2 24 | $73.8M | $26.0M |
| Q1 26 | — | — | ||
| Q4 25 | 78.8% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 81.8% | — |
| Q1 26 | — | 7.7% | ||
| Q4 25 | 16.5% | 19.1% | ||
| Q3 25 | — | 21.7% | ||
| Q2 25 | — | 21.5% | ||
| Q1 25 | — | 16.8% | ||
| Q4 24 | — | 21.7% | ||
| Q3 24 | — | 24.3% | ||
| Q2 24 | 27.8% | 19.7% |
| Q1 26 | — | 3.6% | ||
| Q4 25 | 27.8% | 16.3% | ||
| Q3 25 | — | 14.5% | ||
| Q2 25 | — | 20.3% | ||
| Q1 25 | — | 12.9% | ||
| Q4 24 | — | 16.9% | ||
| Q3 24 | — | 21.6% | ||
| Q2 24 | 30.4% | 11.6% |
| Q1 26 | — | $1.05 | ||
| Q4 25 | $0.12 | $5.15 | ||
| Q3 25 | — | $4.65 | ||
| Q2 25 | — | $6.12 | ||
| Q1 25 | — | $4.05 | ||
| Q4 24 | — | $4.65 | ||
| Q3 24 | — | $5.71 | ||
| Q2 24 | $0.11 | $2.43 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $10.8B | $136.6M |
| Total DebtLower is stronger | $4.2B | — |
| Stockholders' EquityBook value | $23.8B | $93.6B |
| Total Assets | $36.9B | — |
| Debt / EquityLower = less leverage | 0.18× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $136.6M | ||
| Q4 25 | $10.8B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $12.4B | — |
| Q1 26 | — | — | ||
| Q4 25 | $4.2B | $390.0M | ||
| Q3 25 | — | $390.6M | ||
| Q2 25 | — | $231.3M | ||
| Q1 25 | — | $231.7M | ||
| Q4 24 | — | $232.1M | ||
| Q3 24 | — | $237.5M | ||
| Q2 24 | $8.2B | $247.6M |
| Q1 26 | — | $93.6B | ||
| Q4 25 | $23.8B | $934.0M | ||
| Q3 25 | — | $918.7M | ||
| Q2 25 | — | $896.4M | ||
| Q1 25 | — | $893.7M | ||
| Q4 24 | — | $897.5M | ||
| Q3 24 | — | $889.0M | ||
| Q2 24 | $18.1B | $868.7M |
| Q1 26 | — | — | ||
| Q4 25 | $36.9B | $4.3B | ||
| Q3 25 | — | $3.9B | ||
| Q2 25 | — | $3.7B | ||
| Q1 25 | — | $3.7B | ||
| Q4 24 | — | $4.0B | ||
| Q3 24 | — | $3.6B | ||
| Q2 24 | $34.2B | $3.6B |
| Q1 26 | — | — | ||
| Q4 25 | 0.18× | 0.42× | ||
| Q3 25 | — | 0.43× | ||
| Q2 25 | — | 0.26× | ||
| Q1 25 | — | 0.26× | ||
| Q4 24 | — | 0.26× | ||
| Q3 24 | — | 0.27× | ||
| Q2 24 | 0.45× | 0.29× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
TCOM
| Others | $273.0M | 90% |
| Other | $31.6M | 10% |
VRTS
| Investment management fees | $169.1M | 85% |
| Administration and shareholder service fees | $17.3M | 9% |
| Distribution and service fees | $11.6M | 6% |
