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
DateValue
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%