NextTrip (NTRP) Gross Margin (2010 - 2026)

NextTrip (NTRP) posted Gross Margin of 14.33% for Q2 2026, up 0.67% sequentially from 14.24% in Q1 2026, and down 1369.0% YoY from 1.13% in Q2 2025.

NextTrip (NTRP) Gross Margin (2010 - 2026) Analysis & Trends

NextTrip has reported Gross Margin for 17 years, with the latest figure at 14.33% in Q2 2026.

Quarterly Gross Margin fell 1369.0% year-over-year to 14.33% in Q2 2026, while the trailing twelve-month figure through May 2026 was 16.34% (up 1036.0% YoY) and the FY2026 annual result came in at 17.56%, up 1690.0% from the prior year.
Gross Margin grew to 14.33% in Q2 2026 per NTRP's latest filing, from 14.24% in the prior quarter.
Over five years, Gross Margin peaked at 75.89% in Q4 2022 and troughed at 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.
The sharpest annual moves came in 2022 and 2026: Gross Margin sank 4932 bps in 2022, then soared 2482 bps in 2026.
Over 5 years, 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 jumped by 739 bps to 18.12% in 2025, then decreased by 21 bps to 14.33% in 2026.
According to Business Quant data, Gross Margin over the past three periods registered 14.33%, 14.24%, and 18.12% for Q2 2026, Q1 2026, and Q4 2025 respectively.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Gross Margin (Qtr)
1	Booking Holdings	157.63 Bn	140.41 Bn	4.98 Bn	67.75%
2	Airbnb	106.16 Bn	94.09 Bn	2.98 Bn	82.46%
3	Royal Caribbean Cruises	81.03 Bn	80.11 Bn	2.29 Bn	47.29%
4	Viking Holdings	44.28 Bn	40.47 Bn	713.43 Mn	41.37%
5	Carnival	38.41 Bn	36.17 Bn	-	-
6	Expedia	38.31 Bn	31.18 Bn	3.91 Bn	90.66%
7	Trip.com	29.06 Bn	17.36 Bn	1.86 Bn	79.12%
8	Norwegian Cruise Line Holdings	8.36 Bn	8.15 Bn	1.05 Bn	39.91%
9	MakeMyTrip	5.80 Bn	5.03 Bn	212.91 Mn	74.55%
10	NextTrip	19.90 Mn	19.10 Mn	208,099.00	14.33%

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