Quick Answer
TRAVELZOO reported R&D Expense of $2.55 million for fiscal year 2025.
TRAVELZOO R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $2.55M | +6.0% |
| 2024 | $2.41M | +13.9% |
| 2023 | $2.11M | +2.4% |
| 2022 | $2.06M | -20.3% |
| 2021 | $2.59M | -15.9% |
| 2020 | $3.08M | -54.1% |
| 2019 | $6.71M | -25.4% |
| 2018 | $8.99M | -2.5% |
| 2017 | $9.22M | +1.4% |
| 2016 | $9.10M | -25.5% |
| 2015 | $12.21M | +7.8% |
| 2014 | $11.33M | +28.3% |
| 2013 | $8.83M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $631.0K | +6.2% | -9.6% |
| June 30, 2025 | $698.0K | +15.8% | +10.1% |
| March 31, 2025 | $634.0K | +12.0% | +6.7% |
| September 30, 2024 | $594.0K | +13.1% | -1.5% |
| June 30, 2024 | $603.0K | +16.4% | +6.5% |
| March 31, 2024 | $566.0K | +15.5% | +7.8% |
| September 30, 2023 | $525.0K | +8.5% | +1.4% |
| June 30, 2023 | $518.0K | +14.1% | +5.7% |
- TRAVELZOO showed an increase of +6.0% in R&D Expense compared to the prior fiscal year.
- Over the 2013–2025 period, TRAVELZOO’s r&d expense has declined by 71.1% (from $8.83 million to $2.55 million).
- The most recent figure is from TRAVELZOO’s fiscal year 2025 report (Form 10-K), filed with the SEC on March 11, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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