Every 8-K that Travelzoo (TZOO) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow TZOO and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full TZOO filings page.
Travelzoo reported second-quarter 2026 revenue of $23.2 million, down slightly from $23.9 million a year earlier, as international conflicts weighed on advertiser and traveler activity across all segments. The company recorded a consolidated operating loss of $2.8 million and a net loss attributable to Travelzoo of $2.1 million, or $(0.21) per diluted share, compared with earnings of $0.12 per share in the prior-year quarter.
Management attributed the weaker profitability to stepped-up marketing investment to accelerate growth in paying Club Members and shift the business mix toward recurring membership fees, which are recognized ratably over 12 months while acquisition costs are expensed immediately. Membership fees and subscription revenues rose to about $5.0 million in Q2 2026 from $3.0 million in Q2 2025, becoming a larger share of total revenue as renewals reached their highest level.
Cash, cash equivalents and restricted cash were $7.6 million as of June 30, 2026. Cash flow from operations was $(1.7) million, reflecting higher accounts receivable, increased deferred revenue, lower merchant payables and the heavier marketing spend. Travelzoo repurchased 200,000 shares in the quarter and expects year-over-year revenue growth beginning in the third quarter of 2026.
Travelzoo reported modest growth but lower profit for Q1 2026. Revenue rose 5% year-over-year to $24.3 million, driven by its travel membership model, while GAAP operating income slipped to $3.4 million and net income attributable to Travelzoo declined to $2.5 million, or $0.23 per diluted share, compared with $0.26 a year earlier.
The company is heavily investing in acquiring new Club Members, expensing marketing costs immediately while recognizing membership fees over 12 months, which weighs on current EPS but builds recurring revenue. Cash flow from operations reached $3.9 million, cash and restricted cash were $11.3 million as of March 31, 2026, and Travelzoo repurchased 500,000 shares in the quarter.
Travelzoo reported that stockholders approved a significant stock option grant for Global Chief Executive Officer Holger Bartel and completed all voting matters at its 2026 annual meeting. The company granted Mr. Bartel a nonqualified option to purchase 600,000 shares of common stock at an exercise price of $5.05 per share, vesting semi-annually over two years in equal 25% installments starting on June 30, 2026, with a five-year term from the February 19, 2026 grant date. Stockholders elected Ralph Bartel, Christina Sindoni Ciocca, Volodymyr Cherevko, Michael Karg and Sharry Sun to the Board of Directors, with Mr. Cherevko, Mr. Karg and Ms. Sun serving as independent directors. Stockholders also approved option grants for the General Manager, U.S. and the Head of Engineering, and supported Travelzoo’s executive compensation on an advisory basis.
Travelzoo reported fourth quarter 2025 results showing solid revenue growth but sharply lower profitability as it invested in member acquisition. Revenue rose 9% year-over-year to $22.5 million, while GAAP operating income fell to $0.6 million from $4.9 million, and non-GAAP operating profit was $0.9 million.
The company posted a small net loss attributable to Travelzoo of $19,000, or EPS of $0.00, compared with diluted EPS of $0.26 a year earlier. North America revenue grew 6% with a much lower operating margin, Europe revenue grew 16% but swung to a loss due to higher marketing spend, and Jack’s Flight Club delivered modest revenue growth and stable profit.
For full year 2025, revenue increased to $91.7 million from $83.9 million, while GAAP operating income declined to $6.9 million. Cash, cash equivalents and restricted cash were $10.8 million as of December 31, 2025, with fourth quarter cash flow from operations of $1.5 million. Management emphasized that higher acquisition costs for Club Members are expensed immediately, whereas membership fees are recognized over 12 months, temporarily depressing margins but expected to support future recurring revenue and profitability.
Travelzoo furnished an 8-K announcing it reported third quarter 2025 results. The company attached a press release as Exhibit 99.1 and a supplemental earnings presentation as Exhibit 99.2, both incorporated by reference.
The information provided under Item 2.02 and Item 7.01 is expressly stated as furnished, not filed, and therefore not subject to Section 18 of the Exchange Act.