Travelzoo (TZOO) Gross Margin (2010 - 2025)
Travelzoo (TZOO) recorded quarterly Gross Margin of 78.0% in Q4 2025, down 2.06% quarter-over-quarter from 79.64% in Q3 2025, and down 865.0% on a YoY basis from 10.2% in Q4 2024.
Travelzoo (TZOO) Gross Margin (2010 - 2025) Analysis & Trends
Travelzoo's Gross Margin history runs 16 years deep, the most recent figure standing at 78.0% for 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 was 78.0% for Q4 2025 at Travelzoo, down from 79.64% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 88.08% in Q2 2024 to a low of 78.0% in Q4 2025.
- Historically, Gross Margin has averaged 84.26% across 5 years, with a median of 85.97% in 2023.
- The sharpest annual moves came in 2021 and 2025: Gross Margin soared 1735 bps in 2021, then slumped 968 bps in 2025.
- A 5-year view of Gross Margin shows it stood at 79.09% in 2021, then advanced by 8 bps to 85.58% in 2022, then rose by 2 bps to 87.24% in 2023, then dropped by 1 bps to 86.65% in 2024, then retreated by 10 bps to 78.0% in 2025.
- The last three Gross Margin figures came in at 78.0% (Q4 2025), 79.64% (Q3 2025), and 78.4% (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nebius | 1,913,603.98 Bn | 1,913,603.98 Bn | 295.20 Mn | 73.98% |
| 2 | Alphabet | 4,425.33 Bn | 4,209.71 Bn | 102.29 Bn | 93.08% |
| 3 | Meta Platforms | 1,502.66 Bn | 1,421.48 Bn | 46.09 Bn | 81.85% |
| 4 | Spotify Technology | 119.69 Bn | 109.44 Bn | 1.75 Bn | 32.98% |
| 5 | 33.22 Bn | 30.45 Bn | 511.94 Mn | 77.17% | |
| 6 | 13.64 Bn | 12.34 Bn | 768.96 Mn | 76.32% | |
| 7 | Kanzhun | 13.02 Bn | 10.92 Bn | 255.62 Bn | 85.23% |
| 8 | Snap | 9.72 Bn | 6.90 Bn | 1.29 Bn | 84.37% |
| 9 | Zillow | 8.26 Bn | 7.48 Bn | 519.00 Mn | 73.31% |
| 10 | Travelzoo | 111.58 Mn | 106.66 Mn | 17.53 Mn | 78.00% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 78.00% |
| Sep 30, 2025 | 79.64% |
| Jun 30, 2025 | 78.40% |
| Mar 31, 2025 | 81.97% |
| Dec 31, 2024 | 86.65% |
| Sep 30, 2024 | 87.32% |
| Jun 30, 2024 | 88.08% |
| Mar 31, 2024 | 87.99% |
| Dec 31, 2023 | 87.24% |
| Sep 30, 2023 | 87.06% |
| Jun 30, 2023 | 86.37% |
| Mar 31, 2023 | 87.54% |
| Dec 31, 2022 | 85.58% |
| Sep 30, 2022 | 85.34% |
| Jun 30, 2022 | 87.77% |
| Mar 31, 2022 | 84.65% |
| Dec 31, 2021 | 79.09% |
| Sep 30, 2021 | 80.93% |
| Jun 30, 2021 | 86.78% |
| Mar 31, 2021 | 78.87% |