Travelzoo (TZOO) Operating Expenses (2010 - 2025)

Travelzoo's Operating Expenses history runs 16 years deep, the most recent figure standing at $17.0 million for Q4 2025.

• In Q4 2025, Operating Expenses rose 29.94% year-over-year to $17.0 million; the TTM figure through Dec 2025 stood at $66.0 million (up 20.17% YoY), while the FY2025 annual figure was $66.7 million, up 21.49% from the prior year.
• Operating Expenses was $17.0 million for Q4 2025 at Travelzoo, down from $17.2 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $17.2 million in Q3 2025 to a low of $12.0 million in Q1 2021.
• Historically, Operating Expenses has averaged $14.2 million across 5 years, with a median of $13.9 million in 2023.
• Biggest YoY gain for Operating Expenses was 37.61% in 2021; the steepest drop was 47.6% in 2021.
• A 5-year view of Operating Expenses shows it stood at $14.6 million in 2021, then dropped by 15.28% to $12.3 million in 2022, then rose by 13.23% to $14.0 million in 2023, then retreated by 6.48% to $13.1 million in 2024, then climbed by 29.94% to $17.0 million in 2025.
• The last three Operating Expenses figures came in at $17.0 million (Q4 2025), $17.2 million (Q3 2025), and $16.7 million (Q2 2025), per Business Quant data.