Trip.com Group Ltd ( TCOM ) reported unaudited results for the first quarter after the market close on Monday. Here’s a rundown of the report.

Q1 Earnings: Trip.com ( TCOM ) reported first-quarter revenue of $1.91 billion, in line with analyst estimates, according to Benzinga Pro. The travel service provider reported first-quarter adjusted earnings per ADS of 82 cents, missing estimates of 86 cents.

Total revenue was up 16% year-over-year. Here’s a breakdown of revenue growth by category:

Accommodation reservation revenue: up 23%

Transportation ticketing revenue: up 8%

Packaged-tour revenue: up 7%

Corporate travel revenue: up 12%

Trip.com ( TCOM ) ended the first quarter with $12.8 billion in cash, cash equivalents, restricted cash and short-term investments.

“We are pleased to see a strong start to 2025. As travel becomes an increasingly integral part of everyday life, we remain committed to meeting the evolving needs of travelers through innovative, localized and customer-centric solutions. This positions us well to sustain growth momentum and deliver lasting value to our customers, partners, and shareholders,” said Jane Sun, CEO of Trip.com ( TCOM )

Trip.com’s management team will further discuss the quarter on a conference call with investors and analysts at 8 p.m. ET. The company also scheduled a shareholder meeting for June 30.

TCOM Price Action: Trip.com ( TCOM ) shares were down about 2% year-to-date heading into the print. The stock was down 1.79% after-hours, trading at $65.90 at the time of publication Monday, according to Benzinga Pro.

Read Next:

Airbnb CEO Brian Chesky Reveals Why He Doesn’t Do Emails And Early Morning Meetings, Says Silicon-Valley Founders Don’t Need To Be ‘Miserable’