NextTrip annual gross margin
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
NextTrip Gross Margin Growth & History (NTRP)
NextTrip's gross margin was 17.56% for fiscal 2026.
View full NextTrip company overviewNextTrip annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2026 | 2026-02-28 | 17.56% | +16.90 pp |
| 2025 | 2025-02-28 | 0.66% | −12.69 pp |
| 2024 | 2024-02-29 | 13.34% | +6.05 pp |
| 2023 | 2023-02-28 | 7.29% | — |
| 2022 | 2022-12-31 | 44.49% | −21.61 pp |
| 2021 | 2021-12-31 | 66.10% | +39.41 pp |
| 2020 | 2020-12-31 | 26.69% | +69.39 pp |
| 2019 | 2019-12-31 | −42.70% | −73.19 pp |
| 2018 | 2018-12-31 | 30.49% | −27.02 pp |
| 2017 | 2017-12-31 | 57.51% | −18.80 pp |
| 2016 | 2016-12-31 | 76.31% | −6.35 pp |
| 2015 | 2015-12-31 | 82.67% | +11.63 pp |
| 2014 | 2014-12-31 | 71.04% | +16.64 pp |
| 2013 | 2013-12-31 | 54.40% | +10.64 pp |
| 2012 | 2012-12-31 | 43.76% | −4.52 pp |
| 2011 | 2011-12-31 | 48.28% | −30.24 pp |
| 2010 | 2010-12-31 | 78.52% | — |
NextTrip quarterly gross margin
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Q3.10
Q1.11
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Q1.21
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Q2.22
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Q1.24
Q1.24
Q2.24
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Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
Q3.26
Q4.26
Q1.27
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q1 2027 | 2026-05-31 | 14.33% | −13.69 pp |
| Q4 2026 | 2026-02-28 | 14.24% | +24.82 pp |
| Q3 2026 | 2025-11-30 | 18.12% | +20.96 pp |
| Q2 2026 | 2025-08-31 | 21.85% | +22.47 pp |
| Q1 2026 | 2025-05-31 | 28.02% | +19.97 pp |
| Q4 2025 | 2025-02-28 | −10.58% | — |
| Q3 2025 | 2024-11-30 | −2.84% | −24.08 pp |
| Q2 2025 | 2024-08-31 | −0.62% | −14.82 pp |
| Q1 2025 | 2024-05-31 | 8.06% | −1.37 pp |
| Q3 2024 | 2023-11-30 | 21.24% | — |
| Q2 2024 · Sep 30 | 2023-09-30 | −24.04% | −81.69 pp |
| Q2 2024 · Aug 31 | 2023-08-31 | 14.20% | — |
| Q1 2024 · Jun 30 | 2023-06-30 | 62.40% | +43.98 pp |
| Q1 2024 · May 31 | 2023-05-31 | 9.43% | — |
| Q1 2023 | 2023-03-31 | 51.09% | +28.42 pp |
| Q4 2022 | 2022-12-31 | 75.89% | +18.98 pp |
| Q3 2022 | 2022-09-30 | 57.65% | −18.82 pp |
| Q2 2022 | 2022-06-30 | 18.42% | −0.84 pp |
| Q1 2022 | 2022-03-31 | 22.67% | −49.32 pp |
| Q4 2021 | 2021-12-31 | 56.91% | +70.03 pp |
| Q3 2021 | 2021-09-30 | 76.47% | +15.82 pp |
| Q2 2021 | 2021-06-30 | 19.25% | −46.35 pp |
| Q1 2021 | 2021-03-31 | 71.99% | +82.35 pp |
| Q4 2020 | 2020-12-31 | −13.12% | +65.55 pp |
| Q3 2020 | 2020-09-30 | 60.65% | +65.19 pp |
| Q2 2020 | 2020-06-30 | 65.60% | +146.13 pp |
| Q1 2020 | 2020-03-31 | −10.36% | +39.45 pp |
| Q4 2019 | 2019-12-31 | −78.67% | −55.30 pp |
| Q3 2019 | 2019-09-30 | −4.54% | −60.75 pp |
| Q2 2019 | 2019-06-30 | −80.53% | −111.03 pp |
| Q1 2019 | 2019-03-31 | −49.81% | −78.46 pp |
| Q4 2018 | 2018-12-31 | −23.37% | −148.29 pp |
| Q3 2018 | 2018-09-30 | 56.21% | +60.27 pp |
| Q2 2018 | 2018-06-30 | 30.50% | −31.15 pp |
| Q1 2018 | 2018-03-31 | 28.64% | +2.02 pp |
| Q4 2017 | 2017-12-31 | 124.92% | +31.45 pp |
| Q3 2017 | 2017-09-30 | −4.06% | −67.60 pp |
| Q2 2017 | 2017-06-30 | 61.66% | −5.41 pp |
| Q1 2017 | 2017-03-31 | 26.62% | −43.36 pp |
| Q4 2016 | 2016-12-31 | 93.47% | +6.37 pp |
| Q3 2016 | 2016-09-30 | 63.54% | −26.99 pp |
| Q2 2016 | 2016-06-30 | 67.06% | +12.03 pp |
| Q1 2016 | 2016-03-31 | 69.99% | −16.62 pp |
| Q4 2015 | 2015-12-31 | 87.10% | −20.85 pp |
| Q3 2015 | 2015-09-30 | 90.53% | +29.82 pp |
| Q2 2015 | 2015-06-30 | 55.03% | +28.83 pp |
| Q1 2015 | 2015-03-31 | 86.61% | +35.28 pp |
| Q4 2014 | 2014-12-31 | 107.95% | +37.09 pp |
| Q3 2014 | 2014-09-30 | 60.71% | +17.46 pp |
| Q2 2014 | 2014-06-30 | 26.19% | −25.25 pp |
| Q1 2014 | 2014-03-31 | 51.33% | +4.25 pp |
| Q4 2013 | 2013-12-31 | 70.86% | +4.84 pp |
| Q3 2013 | 2013-09-30 | 43.25% | +1.53 pp |
| Q2 2013 | 2013-06-30 | 51.44% | +33.89 pp |
| Q1 2013 | 2013-03-31 | 47.08% | +46.76 pp |
| Q4 2012 | 2012-12-31 | 66.02% | +169.25 pp |
| Q3 2012 | 2012-09-30 | 41.73% | −52.31 pp |
| Q2 2012 | 2012-06-30 | 17.55% | −35.38 pp |
| Q1 2012 | 2012-03-31 | 0.32% | −69.56 pp |
| Q4 2011 | 2011-12-31 | −103.23% | — |
| Q3 2011 | 2011-09-30 | 94.04% | +41.63 pp |
| Q2 2011 | 2011-06-30 | 52.93% | +41.53 pp |
| Q1 2011 | 2011-03-31 | 69.88% | — |
| Q3 2010 | 2010-09-30 | 52.41% | — |
| Q2 2010 | 2010-06-30 | 11.40% | — |
NextTrip gross margin trends
Between the periods ended 2010-12-31 and 2026-02-28, NextTrip's gross margin decreased from 78.52% to 17.56%, a change of −60.96 percentage points. The latest reported quarter, Q1 2027, shows 14.33%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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