NextTrip (NTRP) Gross Margin (2010 - 2026)
NextTrip (NTRP) reported Gross Margin of 14.33% for Q2 2026, down 1369.0% on a YoY basis from 1.13% in Q2 2025, and up 0.67% sequentially from 14.24% in Q1 2026.
NextTrip (NTRP) Gross Margin (2010 - 2026) Analysis & Trends
NextTrip (NTRP) has 17 years of Gross Margin data on file, last reported at 14.33% in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin fell 1369.0% year-over-year to 14.33%; the trailing twelve-month figure through May 2026 stood at 16.34% (up 1036.0% YoY), and the FY2026 full-year result was 17.56%, up 1690.0% from the prior year.
- Gross Margin grew to 14.33% in Q2 2026, from 14.24% 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.
- A 5-year average of 18.58% and a median of 14.33% in 2026 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin tumbled 4932 bps in 2022 and jumped 2482 bps in 2026, its largest moves.
- Tracing NTRP's Gross Margin over 5 years: stood at 75.89% in 2022, then tumbled by 72 bps to 21.24% in 2023, then slumped by 113 bps to 2.84% in 2024, then jumped by 739 bps to 18.12% in 2025, then declined by 21 bps to 14.33% in 2026.
- Business Quant data shows NTRP's Gross Margin at 14.33% in Q2 2026, 14.24% in Q1 2026, and 18.12% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 136.54 Bn | 120.51 Bn | 3.46 Bn | 62.62% |
| 2 | Royal Caribbean Cruises | 86.11 Bn | 85.59 Bn | 2.21 Bn | 49.53% |
| 3 | Airbnb | 82.27 Bn | 70.26 Bn | 2.10 Bn | 78.30% |
| 4 | Yatra Online | 55.46 Bn | 55.47 Bn | 10.44 Mn | 55.39% |
| 5 | Viking Holdings | 44.18 Bn | 40.37 Bn | 713.43 Mn | 41.37% |
| 6 | Carnival | 34.61 Bn | 32.38 Bn | - | - |
| 7 | Expedia | 31.38 Bn | 28.88 Bn | 3.05 Bn | 89.00% |
| 8 | Norwegian Cruise Line Holdings | 8.54 Bn | 8.35 Bn | 953.34 Mn | 40.89% |
| 9 | MakeMyTrip | 5.02 Bn | 4.60 Bn | 199.14 Mn | 79.62% |
| 10 | NextTrip | 408,610.45 | -394,879.55 | 208,099.00 | 14.33% |
Historic Data
Download 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% |