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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).

Travelzoo gross margin by quarterTravelzoo gross margin by quarter82.0%Q1 202578.4%Q2 202579.6%Q3 202578.0%Q4 202578.4%Q1 2026
QuarterGross marginQ/QY/Y
Q1 202678.4%+0.4 pts-3.5 pts
Q4 202578.0%-1.6 pts—
Q3 202579.6%+1.2 pts—
Q2 202578.4%-3.6 pts—
Q1 202582.0%——

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).

Q1 2026 results → · How Travelzoo makes money →