Travelzoo (TZOO) Financial Statements & Analysis

Travelzoo (TZOO) Income Statement

Travelzoo reported revenue of $91.72M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 9.3% from $83.90M a year earlier. Net income was $4.70M, down 65.4% year over year, a net margin of 5.1%. Gross margin was 80.3% and operating margin 7.5%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $23.21M, down 2.9% from the same quarter a year earlier.

Travelzoo Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Travelzoo income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	91.72	83.90	84.48	70.60	62.71	53.60	104.93	111.32	106.52
Cost of Revenue	18.08	10.47	10.93	10.00	11.39	10.56	11.44	12.27	12.91
Gross Profit	73.64	73.43	73.54	60.60	51.32	43.04	93.49	99.05	93.62
Operating Expenses
Research & Development	2.55	2.41	2.11	2.06	2.59	3.08	6.71	8.99	9.22
Selling, General & Administrative	64.19	52.53	55.86	50.78	50.05	51.11	69.74	81.82	79.85
Operating Expenses	66.74	54.94	57.97	53.04	52.64	57.11	76.45	90.82	89.07
Operating Income	6.90	18.50	15.57	7.56	-1.31	-14.07	17.04	8.24	4.55
Other Income/Expense
Interest Income	0.00	0.00	0.00	0.00	0.00	0.17	0.00	0.00	0.00
Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Income/Expense	0.75	0.59	1.54	2.40	4.01	0.46	-0.04	0.05	0.17
Income
Income Before Tax	7.66	19.09	17.11	9.96	2.69	-13.62	17.00	8.29	4.72
Income Tax Expense	2.68	5.40	5.11	3.27	1.78	-2.44	4.71	3.63	3.13
Net Income	4.70	13.56	12.37	6.63	0.91	-13.42	4.16	4.66	3.53
Net Income - Continuous Operations	4.98	13.56	12.01	6.69	0.92	-13.42	4.16	4.66	3.53
Net Income - Discontinued Operations	-	-	0.46	-0.06	-0.01	-	-	-	-
EBITDA	7.21	19.99	17.47	9.95	0.51	-8.95	18.20	10.07	6.62
EBIT	6.90	18.50	15.57	7.76	-1.31	-	-	-	-
Depreciation & Amortization	0.31	0.91	1.89	2.19	1.82	2.21	1.16	1.83	2.08
Earnings Per Share
Basic EPS	-	1.00	1.00	1.00	-	-1.00	-	-	-
Diluted EPS	-	1.00	1.00	1.00	-	-1.00	-	-	-
Basic Shares Outstanding	11.18	12.59	14.90	12.37	11.65	11.34	11.81	12.32	12.88
Diluted Shares Outstanding	11.48	12.85	14.96	12.56	12.99	11.34	12.04	12.51	12.89

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Travelzoo Financial Statements

What was Travelzoo's revenue in fiscal 2025?

Travelzoo reported revenue of $91.72M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 9.3% from $83.90M a year earlier.

Is Travelzoo profitable?

Yes. Travelzoo earned net income of $4.70M in fiscal 2025, a net margin of 5.1%. In fiscal 2024 it earned $13.56M.

What is Travelzoo's operating margin?

Travelzoo's operating income was $6.90M on revenue of $91.72M in fiscal 2025, an operating margin of 7.5%, compared with 22.0% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition