Global Business Travel Group, Inc.GBTGEarnings & Financial Report
A travel management company (TMC) is a travel agency which manages organizations' corporate or business travel programs. Such companies will often provide an end-user online booking tool, mobile application, program management, and consulting teams, executive travel services, meetings and events support, reporting functionality, duty of care, and more. Non-Profit travel management companies also provide services to manage complex visa requirements, pre-trip medical needs, remote area travel, ...
GBTG Q3 2025 Key Financial Metrics
Revenue
$674.0M
Gross Profit
N/A
Operating Profit
$12.0M
Net Profit
$-62.0M
Gross Margin
N/A
Operating Margin
1.8%
Net Margin
-9.2%
YoY Growth
12.9%
EPS
$-0.13
Financial Flow
Global Business Travel Group, Inc. Q3 2025 Financial Summary
Global Business Travel Group, Inc. reported revenue of $674.0M for Q3 2025, with a net profit of $-62.0M (-9.2% margin). Cost of goods sold was N/A, operating expenses totaled N/A.
Key Financial Metrics
| Total Revenue | $674.0M |
|---|---|
| Net Profit | $-62.0M |
| Gross Margin | N/A |
| Operating Margin | 1.8% |
| Report Period | Q3 2025 |
Global Business Travel Group, Inc. Annual Revenue by Year
Global Business Travel Group, Inc. annual revenue history includes year-by-year totals (for example, 2024 revenue was $2.4B).
| Year | Annual Revenue |
|---|---|
| 2024 | $2.4B |
| 2023 | $2.3B |
| 2022 | $1.9B |
Income Statement
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $549.0M | $610.0M | $625.0M | $597.0M | $591.0M | $621.0M | $631.0M | $674.0M |
| YoY Growth | -37.4% | 5.5% | 5.6% | 4.6% | 7.7% | 1.8% | 1.0% | 12.9% |
Balance Sheet
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $3.75B | $3.83B | $3.78B | $3.75B | $3.62B | $3.79B | $3.87B | $4.76B |
| Liabilities | $2.54B | $2.66B | $2.56B | $2.65B | $2.57B | $2.66B | $2.66B | $3.23B |
| Equity | $1.21B | $1.17B | $1.21B | $1.10B | $1.05B | $1.12B | $1.20B | $1.53B |
Cash Flow
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $58.0M | $49.0M | $73.0M | $85.0M | $65.0M | $53.0M | $57.0M | $71.0M |