Travelzoo (TZOO) Operating Margin (2010 - 2025)

Travelzoo (TZOO) has reported Operating Margin for 16 consecutive years, with 2.46% the latest figure, recorded in Q4 2025.

• In Q4 2025, Operating Margin fell 2100.0% year-over-year to 2.46%; the TTM figure through Dec 2025 stood at 7.53% (down 1452.0% YoY), while the FY2025 annual figure was 7.53%, down 1452.0% from the prior year.
• Operating Margin came in at 2.46% for Q4 2025 at Travelzoo, up from 2.2% in the prior quarter.
• The five-year high for Operating Margin was 25.43% in Q1 2024, with the low at 27.53% in Q4 2021.
• Average Operating Margin over 5 years is 10.82%, with a median of 15.29% recorded in 2023.
• Across the five-year window, Operating Margin jumped 11292 bps in 2021 and tumbled 2100 bps in 2025, its largest moves.
• Year by year, Operating Margin stood at 27.53% in 2021, then soared by 170 bps to 19.26% in 2022, then grew by 10 bps to 21.18% in 2023, then increased by 11 bps to 23.46% in 2024, then tumbled by 90 bps to 2.46% in 2025.
• According to Business Quant data, Operating Margin over the past three periods registered 2.46%, 2.2%, and 8.62% for Q4 2025, Q3 2025, and Q2 2025 respectively.