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Tuniu
Tuniu (TOUR) investor relations material
Tuniu Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary5 Mar, 2026
Executive summary
Net revenues for Q4 2025 grew 20.3% year-over-year to RMB 123.5 million, with package tours up 35.3% to RMB 102.1 million, surpassing guidance.
Achieved profitability for both Q4 and full year 2025, marking the third consecutive year of non-GAAP profitability post-pandemic; Q4 net income was RMB 1.5 million, reversing a prior year loss.
Announced a long-term shareholder return plan of up to $50 million (US$30 million in dividends and US$20 million in share repurchases) over three years starting March 2026.
Continued to expand product offerings, channels, and technology adoption, including AI integration and live streaming sales.
Fiscal year 2025 net revenues increased 12.5% year-over-year to RMB 578 million, with package tours up 21.1%.
Financial highlights
Q4 2025 net revenues: RMB 123.5 million, up 20.3% year-over-year; package tours: RMB 102.1 million, up 35.3% year-over-year.
Q4 2025 gross profit: RMB 70 million, flat year-over-year; operating expenses: RMB 69 million, down 16.4% year-over-year.
Q4 2025 net income attributable to shareholders: RMB 1.5 million; non-GAAP net income: RMB 3.5 million.
Full year 2025 net income attributable to shareholders: RMB 29.7 million; non-GAAP net income: RMB 41.1 million.
FY 2025 gross profit was RMB 335 million, down 6.4% year-over-year.
Outlook and guidance
Q1 2026 net revenues expected to be RMB 125.7 million–RMB 131.6 million, representing 7%–12% year-over-year growth.
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Next Tuniu earnings date
Q1 202611 Jun, 2026
Tuniu
Next Tuniu earnings date
Q1 202611 Jun, 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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