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Travelzoo

travelzoo.com

What Do They Do?

Sells digital advertising and deal listings to travel, entertainment and local businesses, and offers travelers curated travel deals and airfare alerts through its website, newsletters and apps.

How Do They Make Money?

Travel and local businesses pay for advertising placements, delivered emails or clicks, while Travelzoo earns commissions when members buy vouchers or book hotels. Members pay for subscriptions over their subscription periods; licensees pay quarterly royalties based on net revenue.

revenue
SegmentShareRevenue
Travelzoo North America
66%
FY2022: 67%
Travelzoo Europe
28%
FY2022: 28%
Jack's Flight Club
Recurring
5.9%
FY2022: 4.9%
New Initiatives
0.1%
FY2022: <0.1%

Who Are Their Customers?

Travel and local businesses use Travelzoo's advertising and marketing services; travelers see offers on its media and a network of third-party sites, and members can buy vouchers and airfare-alert subscriptions.

Do Revenues Turn Into Profits?

Yes. It kept 5 cents of every revenue dollar as net income in FY2025 and turned 6 cents into free cash flow.

Operating income, FY2025
8% of revenue
▼ −63% vs FY2024 ($18.5M, 22%)
Net income, FY2025
5% of revenue
▼ −65% vs FY2024 ($13.6M, 16%)
Free cash flow, FY2025
6% of revenue
▼ −73% vs FY2024 ($20.9M, 25%)

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q2 FY2026, the three months to Jun 30, 2026
Revenue
▼ −3%
vs $23.9M in Q2 FY2025
Net income
▼ Now a loss
vs $1.4M in Q2 FY2025
Travelzoo North America share of revenue vs 67.5% in Q2 FY2025

Paid Travelzoo membership Travelzoo has shifted from free consumer membership to charging new members an annual fee, alongside its paid Jack’s Flight Club subscription service.

Revenue over time
Travelzoo North America Travelzoo Europe Jack's Flight Club New Initiatives
$100M$50M$0

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