SequelSEC

Global Business Travel Group, Inc. GBTG

Transportation Services · CIK 0001820872 · Fiscal year ends 1231

AnnualQuarterlyTTM
Revenue
$2.72B
Fiscal year ended 2025-12-31
Operating income
$130.00M
Fiscal year ended 2025-12-31
Free cash flow
$104.00M
Fiscal year ended 2025-12-31

Global Business Travel Group, Inc. (GBTG) reported revenue of $2.72B for the fiscal year ended 2025-12-31. This page shows 7 annual periods of income statement, balance sheet and cash flow figures normalized from Global Business Travel Group, Inc.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Transportation Services.

Income

Global Business Travel Group, Inc. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-31
Revenue$2.72B$2.42B$2.29B$1.85B$763.00M$793.00M$0
Cost of revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Gross profitUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Operating income$130.00M$115.00M-$8.00M-$198.00M-$560.00M-$747.00MUnavailable
Net incomeUnavailableUnavailableUnavailableUnavailable$6.20M-$19.64M-$1.85K
Research & developmentUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Weighted-average diluted sharesshares 492.79Mshares 462.70Mshares 458.06Mshares 445.72MUnavailableUnavailableUnavailable
Pretax income$147.00M-$71.00M-$145.00M-$287.00M-$653.00M-$759.00MUnavailable
Income tax expense$40.00M$66.00M-$9.00M-$61.00M-$186.00M-$145.00MUnavailable
Diluted EPS$0.22$-0.30$-0.30$-0.51UnavailableUnavailableUnavailable
Selling, general & administrative$732.00M$708.00M$688.00M$650.00M$414.00M$380.00MUnavailable
General & administrative$290.00M$308.00M$294.00M$313.00M$213.00M$181.00M$1.85K
Selling & marketing$442.00M$400.00M$394.00M$337.00M$201.00M$199.00MUnavailable

Balance

Global Business Travel Group, Inc. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-31
Cash & equivalents$434.00M$536.00M$476.00M$303.00M$516.00M$257.87KUnavailable
Total assets$4.92B$3.62B$3.75B$3.73B$3.77B$818.37M$1.85K
Current assets$1.57B$1.28B$1.36B$1.23B$1.05B$1.38M$1.85K
Total liabilities$3.26B$2.57B$2.54B$2.36B$2.28B$105.49MUnavailable
Current liabilities$1.38B$780.00M$831.00M$773.00M$721.00M$2.26MUnavailable
Total equity incl. NCI$1.61B$1.06B$1.21B$1.37B$1.33B$984.00M$1.68B
Temporary (mezzanine) equity$49.00M$0UnavailableUnavailable$160.00M$816.81MUnavailable
InventoryUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts receivable$869.00M$571.00M$726.00M$765.00M$381.00MUnavailableUnavailable
Goodwill$1.67B$1.20B$1.21B$1.19B$1.36B$1.03BUnavailable
Long-term debt$1.36B$1.36B$1.36B$1.22B$1.02BUnavailableUnavailable
Accounts payable$515.00M$263.00M$302.00M$253.00M$137.00MUnavailableUnavailable

Cash flow

Global Business Travel Group, Inc. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-31
Operating cash flow$233.00M$272.00M$162.00M-$394.00M-$512.00M-$250.00M$0
Capital expenditures$129.00M$107.00M$113.00M$94.00M$44.00M$47.00MUnavailable
Investing cash flow-$206.00M-$102.00M-$119.00M-$95.00M-$27.00M-$47.00M$0
Financing cash flow-$128.00M-$85.00M$120.00M$292.00M$478.00M$384.00M$0
Net change in cash-$82.00M$72.00M$173.00M-$209.00M-$68.00M$94.00MUnavailable
Stock-based compensation$76.00M$77.00M$75.00M$39.00M$3.00M$3.00MUnavailable
Common dividends paidUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Common share repurchases$73.00M$55.00M$0$0UnavailableUnavailableUnavailable
Depreciation & amortization$192.00M$178.00M$194.00M$182.00M$154.00M$148.00MUnavailable

Derived

Global Business Travel Group, Inc. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-31
Free cash flow$104.00M$165.00M$49.00M-$488.00M-$556.00M-$297.00MUnavailable
Gross marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Operating margin4.8%4.7%-0.3%-10.7%-73.4%-94.2%Unavailable
FCF margin3.8%6.8%2.1%-26.4%-72.9%-37.5%Unavailable
SBC / revenue2.8%3.2%3.3%2.1%0.4%0.4%Unavailable
Current ratio1.14x1.64x1.64x1.60x1.46x0.61xUnavailable
Revenue YoY growth12.2%5.8%23.7%142.6%-3.8%UnavailableUnavailable
Net marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
R&D / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
CapEx / revenue4.7%4.4%4.9%5.1%5.8%5.9%Unavailable
Long-term debt / equity0.84xUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rate27.2%UnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open GBTG in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-04View SEC filing
10-Q · Filed 2026-05-11View SEC filing
10-K · Filed 2026-03-09View SEC filing
10-Q · Filed 2025-11-10View SEC filing
10-Q · Filed 2025-08-05View SEC filing
10-Q · Filed 2025-05-06View SEC filing

Companies in the same industry

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Reconciliation checks needing review

1 period on this page do not reconcile under this site’s normalization. Read that as a limitation here before an observation about the company: the figures are the filer’s own, the filings linked above are authoritative, and a difference usually means the concepts this site selected do not match how this filer presents its statements. Nothing is adjusted to make a check pass.

balance equationreview2020-12-31

Difference 1087928681 exceeds tolerance 1000000. Presentation or filing-vintage differences need review.