Filing Flows › Travelzoo (TZOO) › Q2 2026
Travelzoo (TZOO) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 13, 2026
Travelzoo (TZOO) reported revenue of $23.2M for the second quarter 2026 (Q2 2026), -3% from a year earlier and -4% from the quarter before. Operating margin was -11.9%, net loss $2.1M (9.1% of revenue).
Travelzoo, Q2 2026: revenue $23.2M (-3% year over year), operating margin -11.9%, net loss $2.1M, operating cash flow −$1.7M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $23.2M | -4% | -3% |
| Operating profit | −$2.8M | -180% | -234% |
| Net earnings | −$2.1M | -185% | -250% |
| Operating cash flow | −$1.7M | -143% | -228% |
What changed
Revenue was $23.2M in Q2 2026, down 3% year over year and down 4% from the previous quarter. Travelzoo North America was the largest line at 68% of revenue. Travelzoo North America lost $453K year over year (down 3%), 65% of the total change.
Gross margin was 69.4%, down 9.0 points from Q2 2025. Operating costs exceeded revenue by $2.8M, an operating margin of -11.9%. Operating expenses grew 13% against a revenue fall of 3%. The fastest-growing cost line was Sales & marketing (+20%). The quarter ended with a net loss of $2.1M, after a profit of $2.5M the previous quarter.
Operating cash flow was −$1.7M. Non-cash charges added back $54K of depreciation and amortization and $684K of share-based compensation. Working capital and other items used $297K. Capital expenditures of $6K exceeded it, leaving free cash flow of −$1.7M.
Questions
What was Travelzoo's revenue in the second quarter 2026?
Travelzoo (TZOO) reported revenue of $23.2M for the second quarter 2026 (Q2 2026), -3% from a year earlier and -4% from the quarter before.
Was Travelzoo profitable in the second quarter 2026?
Operating loss was $2.8M (-11.9% of revenue) and net loss $2.1M.
Source: Travelzoo 10-Q on SEC EDGAR.