Company / R&D Expense
TRAVELZOO R&D Expense History
FY2015-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$2.4M
FY2025
5-year range
$2.1M / $3.1M
FY2021-FY2025
Trend
+13.9%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Improved from $2M to $2M over the past 2 years.
Based on SEC 10-K filings.
$2M in FY2025 with a 10-year CAGR of -12.2%.
Improved from $2M to $2M over the past 2 years.
R&D Expense over time
Growth rates
- 3-Year CAGR
- -2.4%
- 5-Year CAGR
- -18.5%
- 10-Year CAGR
- -12.2%
Key checks
Key Insights
- 5-year CAGR of -18.5%, indicating a declining trend.
- In FY2025, r&d expense increased 13.9% year-over-year.
- Peak r&d expense was recorded in FY2016.
- Lowest r&d expense in the period was in FY2023.
Company context
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $2.4M | +13.9% |
| FY2024 | $2.1M | +2.4% |
| FY2023 | $2.1M | -20.3% |
| FY2022 | $2.6M | -15.9% |
| FY2021 | $3.1M | -54.1% |
| FY2020 | $6.7M | -25.4% |
| FY2019 | $9.0M | -1.1% |
| FY2017 | $9.1M | -19.7% |
| FY2016 | $11.3M | +28.3% |
| FY2015 | $8.8M | - |
As of FY2025 · SEC 10-K · Updated Jun 28, 2026