NextTrip (NTRP) Gross Margin (2010 - 2026)
NextTrip's (NTRP) quarterly Gross Margin came in at 14.24% in Q1 2026, up 2482.0% year-on-year from 0.55% in Q1 2025, and down 21.42% quarter-over-quarter from 18.12% in Q4 2025.
NextTrip (NTRP) Gross Margin (2010 - 2026) Analysis & Trends
NextTrip has disclosed Gross Margin across 17 years of filings, most recently posting 14.24% for Q1 2026.
- Gross Margin for Q1 2026 came in at 14.24%, up 2482.0% year-over-year; the trailing twelve-month figure through Feb 2026 was 17.56% (up 1690.0% YoY), and the FY2026 annual result was 17.56%, up 1690.0% from the prior year.
- Gross Margin came in at 14.24% for Q1 2026 at NextTrip, down from 18.12% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 75.89% in Q4 2022 to a low of 10.58% in Q1 2025.
- The 5-year median for Gross Margin is 18.27% (2022), against an average of 19.71%.
- Across the five-year window, Gross Margin sank 4932 bps in 2022 and jumped 2482 bps in 2026, its largest moves.
- NextTrip's Gross Margin stood at 75.89% in 2022, then slumped by 72 bps to 21.24% in 2023, then sank by 113 bps to 2.84% in 2024, then surged by 739 bps to 18.12% in 2025, then retreated by 21 bps to 14.24% in 2026.
- The last three Gross Margin figures came in at 14.24% (Q1 2026), 18.12% (Q4 2025), and 21.85% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 131.01 Bn | 114.99 Bn | 3.46 Bn | 62.62% |
| 2 | Airbnb | 79.86 Bn | 67.85 Bn | 2.10 Bn | 78.30% |
| 3 | Royal Caribbean Cruises | 75.60 Bn | 75.08 Bn | 2.21 Bn | 49.53% |
| 4 | Carnival | 37.80 Bn | 36.39 Bn | - | - |
| 5 | Expedia | 27.88 Bn | 22.09 Bn | 3.05 Bn | 89.00% |
| 6 | Norwegian Cruise Line Holdings | 8.56 Bn | 8.38 Bn | 953.34 Mn | 40.89% |
| 7 | Global Business Travel | 4.79 Bn | 4.35 Bn | 714.00 Mn | 85.00% |
| 8 | Travel & Leisure | 4.51 Bn | 4.25 Bn | 926.00 Mn | 96.36% |
| 9 | Trip.com | 4.42 Bn | -788.25 Mn | 1.74 Bn | 78.84% |
| 10 | NextTrip | 21.97 Mn | 21.97 Mn | 230,527.00 | 14.24% |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | 14.24% |
| Nov 30, 2025 | 18.12% |
| Aug 31, 2025 | 21.85% |
| May 31, 2025 | 28.02% |
| Feb 28, 2025 | -10.58% |
| Nov 30, 2024 | -2.84% |
| Aug 31, 2024 | -0.62% |
| May 31, 2024 | 8.06% |
| Feb 29, 2024 | 19.62% |
| Nov 30, 2023 | 21.24% |
| Aug 31, 2023 | 14.20% |
| May 31, 2023 | 9.43% |
| Dec 31, 2022 | 75.89% |
| Sep 30, 2022 | 57.65% |
| Jun 30, 2022 | 18.42% |
| Mar 31, 2022 | 22.67% |
| Dec 31, 2021 | 56.91% |
| Sep 30, 2021 | 76.47% |
| Jun 30, 2021 | 19.25% |
| Mar 31, 2021 | 71.99% |