Global Business Travel Group, Inc. (GBTG)

NYSE: GBTG · Real-Time Price · USD

9.44

+0.02 (0.21%)

Jul 31, 2026, 4:00 PM EDT - Market closed

GBTG Financials Overview

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	2,937	2,718	2,423	2,290	1,851	763
Revenue Growth	20.67%	12.17%	5.81%	23.72%	142.59%	-3.78%
Gross Profit	1,733	1,633	1,456	1,329	1,019	286
Operating Income	78	130	115	-8	-198	-560
Net Income	86	109	-138	-63	-25	0
Earnings Per Share	0.16	0.22	-0.30	-0.30	-0.51	-12.91
EPS Growth	-	-	-	-	-	-

Revenue by Segment

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Travel	2,320	2,154	1,932	1,827	1,444	446
Products and Professional Services	617	564	491	463	407	317
Revenue (Total)	2,937	2,718	2,423	2,290	1,851	763

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	442	434	536	476	303	516
Total Debt	1,606	1,506	1,462	1,434	1,300	1,105
Net Cash (Debt)	-1,164	-1,072	-926	-958	-997	-589
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-2.17	-2.18	-2.00	-2.09	-2.24	-15.75

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	165	233	272	162	-394	-512
Capital Expenditures	-139	-129	-107	-113	-94	-44
Free Cash Flow	26	104	165	49	-488	-556
Free Cash Flow Growth	-84.43%	-36.97%	236.74%	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	59.01%	60.08%	60.09%	58.03%	55.05%	37.48%
Operating Margin	2.66%	4.78%	4.75%	-0.35%	-10.70%	-73.39%
Pretax Margin	2.11%	5.41%	-2.93%	-6.33%	-15.51%	-85.58%
Profit Margin	2.89%	3.94%	-5.65%	-5.94%	-12.21%	-61.21%
FCF Margin	0.89%	3.83%	6.81%	2.14%	-26.36%	-72.87%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 3, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	56.69	34.77	-	-	-	-
Forward PE	31.73	17.77	38.62	280.54	-	-
P/FCF Ratio	189.66	38.33	26.48	61.48	-	-
PS Ratio	1.68	1.47	1.80	1.32	1.69	0.58