Tuniu Corporation (TOUR) Earnings Call Transcripts
Tuniu Corporation's Latest Earnings Call - Q1 FY2026
In the first quarter of 2026, Tuniu Corporation (TOUR:US) reported net revenues of CNY 132.6 million, a 13% year-over-year increase, driven by strong demand in both domestic and outbound travel markets. The company achieved non-GAAP profitability for the fifth consecutive quarter, with net income attributable to ordinary shareholders of CNY 0.7 million. Management provided guidance for the second quarter, expecting revenues between CNY 134.9 million and CNY 141.6 million, indicating a modest year-over-year growth of 0% to 5%.
Reported metrics
| Metric | Value |
|---|---|
| Net Revenues | CNY 132.6 million (beat) |
| Non-GAAP Net Income | CNY 2.6 million (beat) |
| Operating Expenses | CNY 77.3 million (beat) |
| General and Administrative Expenses | CNY 13.5 million (beat) |
| Guidance for Q2 Revenues | CNY 134.9 million to CNY 141.6 million (neutral) |
| Gross Profit | CNY 73.6 million (beat) |
Guidance from management
For Q2 2026, Tuniu expects net revenues between CNY 134.9 million and CNY 141.6 million, indicating a modest growth outlook of 0% to 5% year-over-year.
What management said
Once again, thank you for joining us today. Please do not hesitate to contact us if you have any further questions. Thank you for your continued support, and we look forward to speaking with you in the coming months. .
What analysts pressed on
Analysts expressed concerns regarding mixed market conditions for the second quarter, particularly the impact of rising airfare prices on travel demand. There were also inquiries about booking trends for the upcoming summer vacation, highlighting uncertainty in customer behavior due to short booking windows.
Main topics on the call
- Revenue Growth — Tuniu's net revenues increased by 13% year-over-year, reaching CNY 132.6 million. Dunde Yu noted, "The travel industry maintained solid growth momentum in the first quarter of 2026, supported in part by the longest Chine...
- Profitability — The company achieved non-GAAP profitability for the fifth consecutive quarter, with non-GAAP net income of CNY 2.6 million. This reflects a continued focus on operational efficiency and cost management.
- Guidance for Q2 2026 — Management expects Q2 revenues to be between CNY 134.9 million and CNY 141.6 million, representing a year-over-year increase of 0% to 5%. This guidance was characterized as preliminary and subject to change.
- Product Expansion — Tuniu is expanding its product offerings, particularly in self-guided tours and premium outbound products. Dunde Yu stated, "This year, we continued to introduce new premium outbound new tool products for experienced tra...
Read the full Tuniu Corporation transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Tuniu Corporation
Tuniu Corporation (TOUR) is a publicly listed company in the Hotels, Restaurants and Leisure industry, within the Consumer Discretionary sector. It trades on NasdaqCM and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 26 calls on record spanning April 9, 2020 to June 5, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 26 Tuniu Corporation earnings call transcripts on record, spanning April 9, 2020 to June 5, 2026. Based on this history, Tuniu Corporation reports quarterly. The most recent call on file is dated June 5, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- TOUR
- Exchange
- NasdaqCM
- Country
- US
- Sector
- Consumer Discretionary
- Industry
- Hotels, Restaurants and Leisure
- Calls on record
- 26
- First call
- April 9, 2020
- Most recent
- June 5, 2026
- Reporting cadence
- quarterly