Travelzoo (TZOO) Gross Margin (2010 - 2026)
Travelzoo (TZOO) posted quarterly Gross Margin of 78.0% for Q4 2025, down 865.0% year-over-year from 10.2% in Q4 2024, and down 2.06% quarter-over-quarter from 79.64% in Q3 2025.
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Travelzoo (TZOO) Gross Margin (2010 - 2026) 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 for Q4 2025 stood at 78.0%, 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.
- The 5-year median for Gross Margin is 85.97% (2023), against an average of 84.26%.
- The sharpest annual moves came in 2021 and 2025: Gross Margin surged 1735 bps in 2021, then sank 968 bps in 2025.
- Travelzoo's Gross Margin stood at 79.09% in 2021, then gained by 8 bps to 85.58% in 2022, then increased by 2 bps to 87.24% in 2023, then slipped by 1 bps to 86.65% in 2024, then fell by 10 bps to 78.0% in 2025.
- Business Quant data shows TZOO's Gross Margin at 78.0% in Q4 2025, 79.64% in Q3 2025, and 78.4% in Q2 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn | 61.65% |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn | 81.37% |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn | 33.41% |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn | 77.06% |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | 91.27% | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn | 37.22% |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn | - |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | 78.18% | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn | 76.06% |
| 10 | Travelzoo | 67.72 Mn | 60.88 Mn | 16.10 Mn | 69.39% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 69.39% |
| 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% |