Travelzoo (TZOO) Research & Development (2010 - 2026)
Travelzoo (TZOO) posted quarterly Research & Development of -$31.8 million for Q4 2025, down 197.31% year-over-year from $32.7 million in Q4 2024, and down 360.92% quarter-over-quarter from $12.2 million in Q3 2025.
Analysis
Travelzoo (TZOO) Research & Development (2010 - 2026) Analysis & Trends
Travelzoo's Research & Development history runs 16 years deep, the most recent figure standing at -$31.8 million for Q4 2025.
- In Q4 2025, Research & Development fell 197.31% year-over-year to -$31.8 million; the TTM figure through Dec 2025 stood at $2.1 million (down 95.19% YoY), while the FY2025 annual figure was $2.6 million, down 92.6% from the prior year.
- Research & Development for Q4 2025 stood at -$31.8 million, down from $12.2 million in the prior quarter.
- The five-year high for Research & Development was $36.2 million in Q4 2023, with the low at -$31.8 million in Q4 2025.
- The 5-year median for Research & Development is $8.1 million (2021), against an average of $5.8 million.
- The sharpest annual moves came in 2021 and 2023: Research & Development plunged 405.3% in 2021, then soared 5284.99% in 2023.
- Travelzoo's Research & Development stood at -$19.2 million in 2021, then jumped by 103.5% to $673000.0 in 2022, then jumped by 5284.99% to $36.2 million in 2023, then dropped by 9.75% to $32.7 million in 2024, then plunged by 197.31% to -$31.8 million in 2025.
- Business Quant data shows TZOO's Research & Development at -$31.8 million in Q4 2025, $12.2 million in Q3 2025, and $11.5 million in Q2 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn | 18.22 Bn |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn | 21.66 Bn |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn | 468.43 Mn |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn | 191.00 Mn |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | 231.28 Mn | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn | -148.13 Mn |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn | -35.00 Mn |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | 451.01 Mn | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn | 158.25 Mn |
| 10 | Travelzoo | 67.72 Mn | 60.88 Mn | 16.10 Mn | 13.73 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.73 Mn |
| Dec 31, 2025 | 10.89 Mn |
| Sep 30, 2025 | 12.20 Mn |
| Jun 30, 2025 | 11.48 Mn |
| Mar 31, 2025 | 10.23 Mn |
| Dec 31, 2024 | 8.24 Mn |
| Sep 30, 2024 | 8.25 Mn |
| Jun 30, 2024 | 9.39 Mn |
| Mar 31, 2024 | 8.60 Mn |
| Dec 31, 2023 | 8.50 Mn |
| Sep 30, 2023 | 9.84 Mn |
| Jun 30, 2023 | 10.14 Mn |
| Mar 31, 2023 | 9.30 Mn |
| Dec 31, 2022 | 7.50 Mn |
| Sep 30, 2022 | 8.51 Mn |
| Jun 30, 2022 | 8.48 Mn |
| Mar 31, 2022 | 8.58 Mn |
| Dec 31, 2021 | 8.46 Mn |
| Sep 30, 2021 | 7.71 Mn |
| Jun 30, 2021 | 7.34 Mn |