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Tuniu Corporation (TOUR) investor relations material
Tuniu Corporation Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary5 Dec, 2025
Executive summary
Net revenues for Q3 2025 reached RMB 202.1 million (US$28.4 million), up 9% year-over-year, driven by strong packaged tour sales and travel demand.
Packaged tour revenues grew 12.4% year-over-year, maintaining double-digit growth for consecutive quarters, while other revenues declined 13.7% due to lower commission fees.
Quarterly profitability was achieved on both GAAP and non-GAAP bases, with net income attributable to shareholders of RMB 19.8 million and non-GAAP net income of RMB 21.8 million.
Management highlighted ongoing technology and product innovation, including AI applications to enhance efficiency and customer experience.
Financial highlights
Net revenues reached RMB 202.1 million, up 9% year-over-year.
Packaged tours contributed RMB 179 million (89% of total), up 12.4% year-over-year.
Gross profit was RMB 109.6 million, down 10% year-over-year, with gross margin at 54.2%.
Operating expenses were RMB 95.8 million, up 3.4% year-over-year.
Non-GAAP net income attributable to ordinary shareholders was RMB 21.8 million (US$3.1 million).
Outlook and guidance
Q4 2025 net revenues are expected to be RMB 111.0–116.1 million, representing 8–13% year-over-year growth.
Management aims for non-GAAP break-even profitability in Q4.
Packaged tours are expected to outpace overall revenue growth.
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Next Tuniu Corporation earnings date
Q4 202513 Mar, 2026
Next Tuniu Corporation earnings date
Q4 202513 Mar, 2026
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Frequently asked questions
Tuniu Corporation is a China-based online leisure travel company. It offers a wide range of travel-related services, including packaged tours, transportation ticketing, accommodation reservations, and corporate travel management. The company's platform enables users to book domestic and international travel packages, catering to various travel needs and preferences. Tuniu Corporation also provides additional services such as destination guides, tour reviews, and travel-related financial services. Its customer base includes both individual and corporate clients. The company operates through its online platform, call centers, and offline stores, ensuring a comprehensive travel service experience. The company is headquartered in Nanjing, China, and its shares are listed on the NASDAQ.
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