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Investor Relations14 Oct 2025
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Tuniu Corporation (TOUR) investor relations material
Tuniu Corporation Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2025 earnings summary15 Aug, 2025
Executive summary
Net revenues rose 15.3% year over year to RMB134.9 million in Q2 2025, driven by a 26.3% increase in packaged tours revenue and strong holiday demand.
Achieved quarterly profitability on both GAAP and non-GAAP basis, with net income of RMB14.1 million and strict cost control.
Expanded product offerings and sales channels, including live streaming, offline stores, and digital technology applications.
Continued integration of supply chain, product, and sales channels, and investments in AI tools to improve efficiency.
Returned to profitability, though net income was down from RMB43.0 million in Q2 2024.
Financial highlights
Net revenues for Q2 2025 were RMB134.9 million, up 15.3% year over year.
Packaged tour revenues accounted for 84% of total net revenues, up 26.3% year over year to RMB113.4 million.
Gross profit increased 1.9% year over year to RMB86.0 million; operating expenses rose 58% year over year.
Non-GAAP net income was RMB16.1 million, excluding share-based compensation and amortization.
Cash, cash equivalents, restricted cash, short-term investments, and long-term deposits totaled RMB1.2 billion as of June 30, 2025.
Outlook and guidance
Q3 2025 net revenues expected to be RMB199–208.3 million, representing 7%–12% year-over-year growth.
Management expects continued profitability and growth momentum into the peak summer season.
Guidance reflects current industry and operational outlook, subject to change.
Explain the decrease in other revenues.
Why did cost of revenues increase so much?
Discuss the impact of digital tech on efficiency.
Elaborate on supply chain enhancements.
Explain AI agent application results.
Why did other revenues decrease 21%?
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Next Tuniu Corporation earnings date
Q3 20254 Dec, 2025
Next Tuniu Corporation earnings date
Q3 20254 Dec, 2025
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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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