Filing Flows › Travelzoo (TZOO) › Gross margin
Travelzoo (TZOO) gross margin by quarter
Travelzoo's gross margin was 78.4% in Q1 2026 (first quarter 2026), +0.4 pts from Q4 2025. Over the last 5 quarters it ranged from 78.0% (Q4 2025) to 82.0% (Q1 2025).
| Quarter | Gross margin | Q/Q | Y/Y |
|---|---|---|---|
| Q1 2026 | 78.4% | +0.4 pts | -3.5 pts |
| Q4 2025 | 78.0% | -1.6 pts | — |
| Q3 2025 | 79.6% | +1.2 pts | — |
| Q2 2025 | 78.4% | -3.6 pts | — |
| Q1 2025 | 82.0% | — | — |
Q1 2026 at a glance
Travelzoo, Q1 2026: revenue $24.3M (+5% year over year), operating margin 14.2%, net earnings $2.5M, operating cash flow $3.9M. The chart follows the revenue to costs, profit and cash.
Questions
What is Travelzoo's gross margin?
Travelzoo's gross margin was 78.4% in Q1 2026 (first quarter 2026), +0.4 pts from Q4 2025.
How has Travelzoo's gross margin changed?
Over the last 5 quarters it ranged from 78.0% (Q4 2025) to 82.0% (Q1 2025).