Travelzoo (TZOO) financials
Travelzoo revenue and earnings by year
Travelzoo's revenue was $91.7 million in the fiscal year to December 31, 2025, up 9.3% from the year before. Net income was $4.70 million, 5.1% of revenue. Since the fiscal year to December 31, 2016, revenue has shrunk 2.4% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 92 | 84 | 84 | 71 | 63 | 54 | 105 | 111 | 107 | 114 |
| Revenue growth | 9.3% | -0.7% | 19.7% | 12.6% | 17.0% | -48.9% | -5.7% | 4.5% | -6.8% | — |
| Gross profit | 74 | 73 | 74 | 61 | 51 | 43 | 93 | 99 | 94 | 100 |
| Gross margin | 80.3% | 87.5% | 87.1% | 85.8% | 81.8% | 80.3% | 89.1% | 89.0% | 87.9% | 87.9% |
| Operating income | 7 | 18 | 16 | 8 | -1 | -14 | 17 | 8 | 5 | 10 |
| Operating margin | 7.5% | 22.0% | 18.4% | 10.7% | -2.1% | -26.3% | 16.2% | 7.4% | 4.3% | 8.9% |
| Net income | 5 | 14 | 12 | 7 | 1 | -13 | 4 | 5 | 4 | 7 |
| Net margin | 5.1% | 16.2% | 14.6% | 9.4% | 1.5% | -25.0% | 4.0% | 4.2% | 3.3% | 5.8% |
| Diluted EPS | $0.41 | $1.06 | $0.83 | $0.53 | $0.07 | -$1.19 | $0.35 | $0.38 | $0.26 | $0.47 |
| Free cash flow | 6 | 21 | 10 | -24 | -8 | 46 | 11 | 5 | 1 | 8 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open TZOO in Markets.
How Travelzoo makes money
Revenue by segment in the quarter to June 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Travelzoo North America | $15.7M | 67.2% |
| Travelzoo Europe | $6.38M | 27.3% |
| JFC Travel Group Co | $1.27M | 5.5% |
| New Initiatives | $17.0K | 0.1% |
See also: TZOO valuation and P/E history · TZOO returns
No forecast, no recommendation. This page describes Travelzoo from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.