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Revenue increased 3% year over year to RMB 138.9 million, while Tuniu achieved its sixth consecutive quarter of non-GAAP profitability. However, gross profit fell 11% to RMB 76.4 million as expenses rose and demand shifted toward lower-margin self-guided products.
Outbound travel remained a key headwind: transaction volume for Middle East and Africa travel declined more than 20%, reducing outbound tours' share of gross merchandise value to about 30% from over one-third a year earlier. Domestic travel stayed steady, with small-group and private tours showing strong demand.
Tuniu expects third-quarter revenue of RMB 202.1 million to RMB 212.2 million, representing year-over-year growth of 0% to 5%. The company ended June with approximately RMB 1 billion in cash, investments and deposits, while expanding premium, customized and livestream-driven travel offerings.
Tuniu (NASDAQ:TOUR) reported second-quarter 2026 revenue growth and its sixth consecutive quarter of non-GAAP profitability, while management said uncertainty in some outbound travel destinations and a shift toward lower-margin self-guided products affected profitability.
#tuniu #revenue
Revenue increased 3% year over year to RMB 138.9 million, while Tuniu achieved its sixth consecutive quarter of non-GAAP profitability. However, gross profit fell 11% to RMB 76.4 million as expenses rose and demand shifted toward lower-margin self-guided products.
Outbound travel remained a key headwind: transaction volume for Middle East and Africa travel declined more than 20%, reducing outbound tours' share of gross merchandise value to about 30% from over one-third a year earlier. Domestic travel stayed steady, with small-group and private tours showing strong demand.
Tuniu expects third-quarter revenue of RMB 202.1 million to RMB 212.2 million, representing year-over-year growth of 0% to 5%. The company ended June with approximately RMB 1 billion in cash, investments and deposits, while expanding premium, customized and livestream-driven travel offerings.
Tuniu (NASDAQ:TOUR) reported second-quarter 2026 revenue growth and its sixth consecutive quarter of non-GAAP profitability, while management said uncertainty in some outbound travel destinations and a shift toward lower-margin self-guided products affected profitability.
#tuniu #revenue
2 days ago