Global Business Travel Group, Inc. (GBTG)

GBTG Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	90	111	-134	-136	-229	-475
Depreciation & Amortization	212	192	178	194	182	154
Stock-Based Compensation	74	76	77	75	39	3
Other Adjustments	-102	-111	114	-17	-22	-131
Change in Receivables	-63	-48	123	49	-427	-85
Changes in Accounts Payable	30	-7	-5	26	122	2
Changes in Other Operating Activities	-52.5	20	-81	-29	-49	20
Operating Cash Flow	165	233	272	162	-394	-512
Operating Cash Flow Growth	-40.22%	-14.34%	67.90%	-	-	-
Capital Expenditures	-139	-129	-107	-113	-94	-44
Payments for Business Acquisitions	44	-104	-	-	-	20
Other Investing Activities	18	27	5	-6	-1	-3
Investing Cash Flow	-215	-206	-102	-119	-95	-27
Long-Term Debt Issued	132	99	1,397	131	200	935
Long-Term Debt Repaid	-46	-113	-1,372	-3	-3	-553
Net Long-Term Debt Issued (Repaid)	86	-14	25	128	197	382
Issuance of Common Stock	8	8	29	7	-	-
Repurchase of Common Stock	-143	-116	-83	-14	-	-
Net Common Stock Issued (Repurchased)	-135	-108	-54	-7	-	-
Issuance of Preferred Stock	-	-	-	-	-	150
Repurchase of Preferred Stock	-	-	-	-	-168	-
Net Preferred Stock Issued (Repurchased)	-	-	-	-	-168	150
Common Dividends Paid	-	-	-	-	-	-1
Other Financing Activities	-2	-6	-56	-1	263	-53
Financing Cash Flow	-54	-128	-85	120	292	478
Effect of Exchange Rate Changes on Cash and Cash Equivalents	7	19	-13	10	-12	-7
Net Cash Flow	-97	-82	72	173	-209	-68
Free Cash Flow	26	104	165	49	-488	-556
Free Cash Flow Growth	-75.00%	-36.97%	236.74%	-	-	-
FCF Margin	0.89%	3.83%	6.81%	2.14%	-26.36%	-72.87%
Free Cash Flow Per Share	0.05	0.21	0.36	0.11	-1.09	-14.86
Levered Free Cash Flow	222.5	171	-128	143	333	514
Unlevered Free Cash Flow	157.44	170.63	206.9	70.5	5.08	-268.49

Updated May 4, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q