Travelzoo (TZOO) Gross Margin (2010 - 2025)

Travelzoo (TZOO) has reported Gross Margin for 16 consecutive years, with 78.0% the latest figure, recorded in Q4 2025.

• In Q4 2025, Gross Margin fell 865.0% year-over-year to 78.0%; the TTM figure through Dec 2025 stood at 79.5% (down 802.0% YoY), while the FY2025 annual figure was 80.29%, down 723.0% from the prior year.
• Gross Margin came in at 78.0% for Q4 2025 at Travelzoo, down from 79.64% in the prior quarter.
• The five-year high for Gross Margin was 88.08% in Q2 2024, with the low at 78.0% in Q4 2025.
• Average Gross Margin over 5 years is 84.26%, with a median of 85.97% recorded in 2023.
• Across the five-year window, Gross Margin soared 1735 bps in 2021 and tumbled 968 bps in 2025, its largest moves.
• Year by year, Gross Margin stood at 79.09% in 2021, then increased by 8 bps to 85.58% in 2022, then climbed by 2 bps to 87.24% in 2023, then retreated by 1 bps to 86.65% in 2024, then dropped by 10 bps to 78.0% in 2025.
• According to Business Quant data, Gross Margin over the past three periods registered 78.0%, 79.64%, and 78.4% for Q4 2025, Q3 2025, and Q2 2025 respectively.