Tuniu reports Q2 revenue up 3%, keeps non-GAAP profit streak
Tuniu said Q2 2026 revenue rose 3% year over year to 138.9 million RMB, packaged tours increased 7%, and it posted non-GAAP profitability for a sixth straight quarter.
Tuniu (NASDAQ: TOUR ) held its second-quarter earnings conference call on Tuesday.
Below is the complete transcript from the call.
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The full earnings call is available at Summary TOUR reported a year-over-year revenue increase of 3% for Q2 2026, amounting to 138.9 million RMB, with packaged tours showing a 7% increase.
The company maintained non-GAAP profitability for the sixth consecutive quarter, despite challenges in outbound travel markets.
Strategic initiatives included expanding product offerings, such as small group and premium private tours, and enhancing marketing through online seminars and live-streaming shows.
Technological advancements were made with AI integration in workflows and customer service, improving efficiency and personalizing travel planning.
Future guidance projects a revenue increase of 0% to 5% for Q3 2026, reflecting cautious optimism amidst ongoing market uncertainties.
Full Transcript OPERATOR Hello, and thank you for standing by for TOUR's 2026 second quarter earnings conference call.
At this time, all participants are in a listen-only mode.
After management's prepared remarks, there will be a question-and-answer session.
Today's conference is being recorded.
If you have any objections, you may disconnect at this time.
I would now like to turn the meeting over to your host for today's conference call, Director of Investor Relations, Mary.
Mary, Director of Investor Relations Thank you, and welcome to our 2026 second quarter earnings conference call.
Joining me on the call today are Donald Yu, TOUR's Founder, Chairman and Chief Executive Officer, and An Xiangcheng, TOUR's Financial Controller.
For today's agenda, management will discuss business updates, operation highlights, and financial performance for the second quarter of 2026.
Before we continue, I refer you to our Safe Harbor statement in the earnings press release, which applies to this call as we will make forward-looking statements.
Also, this call includes discussions of certain non-GAAP financial measures.
Please refer to our earnings release, which contains a reconciliation of non-GAAP measures to the most directly comparable GAAP measures.
Finally, please note that unless otherwise stated, all figures mentioned during this conference call are in RMB.
I would now like to turn the call over to our Founder, Chairman and Chief Executive Officer, Donald Yu.
Donald Yu, Founder, Chairman and Chief Executive Officer Thank you, Mary.
Good day, everyone.
Welcome to our second quarter 2026 earnings conference call.
Supported by favorable policies such as the introduction of spring breaks, the domestic travel market maintained steady growth in the second quarter.
Meanwhile, the overall travel market faced some uncertainties, with certain outbound destinations experiencing headwinds.
Despite these challenges, we maintained revenue growth in the second quarter and achieved non-GAAP profitability for the sixth consecutive quarter.
During the quarter, we continued to execute our diversified product and sales channels strategy.
Guided by customer needs, we further enriched our product offerings across categories, destinations, and price tiers.
For our sales channels, we continued to work with a broad range of partners to better reach different customer segments.
Let me walk you through some of our key initiatives in more detail.
On the product side, as customers increasingly seek more personalized tours and flexible travel options, we have continued to expand and refine our product portfolio.
First, we further expanded our product offerings to include more small group tours, private tours, customized tours, self-driving tours, and other travel-related products.
Small group tours have been well received by younger travelers for their flexibility and strong value proposition, while private tours have gained popularity among family travelers for their more personalized and private travel experience.