NextTrip (NTRP) Gross Margin (2010 - 2026)
NextTrip (NTRP) posted Gross Margin of 14.33% for fiscal Q1 2027 (quarter ended May 31, 2026), down 13.69 percentage points from 28.02% a year earlier but up 0.09 percentage points from the prior quarter.
NextTrip (NTRP) Gross Margin (2010 - 2026) Analysis & Trends
For the trailing twelve months through May 31, 2026, Gross Margin at NextTrip was 16.34%, up 10.36 percentage points year-over-year; for FY2026 (ended Feb 28, 2026), it came in at 17.56%, up 16.90 percentage points from FY2025.
- Annual Gross Margin shows a five-year change of -48.54 percentage points (FY2021 to FY2026).
- In prior fiscal years, NextTrip's Gross Margin was 0.66% in FY2025 (-12.69 pp), 13.34% in FY2024 (+6.05 pp), 7.29% in FY2023 and 44.49% in FY2022 (-21.61 pp).
- Quarterly Gross Margin has run from a low of -10.58% in fiscal Q4 2025 to a high of 28.02% in fiscal Q1 2026 over five years.
- On a year-over-year basis, Gross Margin increased in four of the last eight quarters, with an average year-over-year change of +2.42 percentage points.
- The strongest year-over-year quarter for Gross Margin in the past five years was fiscal Q4 2026, with a gain of 24.82 percentage points; the weakest was fiscal Q3 2025, with a drop of 24.08 percentage points.
- According to Business Quant data, Gross Margin for the three prior fiscal quarters was 14.24% (Q4 2026), 18.12% (Q3 2026) and 21.85% (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,142.52 Bn | 3,900.05 Bn | 73.85 Bn | 61.65% |
| 2 | Meta Platforms | 1,882.44 Bn | 1,584.96 Bn | 49.47 Bn | 81.37% |
| 3 | Netflix | 292.72 Bn | 252.92 Bn | 6.52 Bn | 51.93% |
| 4 | Alibaba Group Holding | 250.25 Bn | 68.12 Bn | 15.11 Bn | 38.11% |
| 5 | Shopify | 192.03 Bn | 169.21 Bn | 1.71 Bn | 47.67% |
| 6 | Uber Technologies | 141.56 Bn | 113.53 Bn | 6.38 Bn | 44.93% |
| 7 | Booking Holdings | 121.98 Bn | 55.03 Bn | - | - |
| 8 | PDD Holdings | 110.31 Bn | -141.62 Bn | 9.45 Bn | 57.06% |
| 9 | AppLovin | 102.49 Bn | 92.52 Bn | 1.70 Bn | 88.26% |
| 10 | NextTrip | 25.91 Mn | 19.15 Mn | 208,099.00 | 14.33% |
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 14.33% |
| 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 | 5.70% |
| 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% |
NextTrip Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=NTRP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "NTRP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=NTRP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();