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, ...
Revenue
$597.0M
Gross Profit
N/A
Operating Profit
$27.0M
Net Profit
$-128.0M
Gross Margin
N/A
Operating Margin
4.5%
Net Margin
-21.4%
YoY Growth
4.6%
EPS
$-0.28
Financial Flow
Global Business Travel Group, Inc. Q3 2024 Financial Summary
Global Business Travel Group, Inc. reported revenue of $597.0M (up 4.6% YoY) for Q3 2024, with a net profit of $-128.0M (down 1500.0% YoY) (-21.4% margin). Cost of goods sold was N/A.
Key Financial Metrics
| Total Revenue | $597.0M |
|---|---|
| Net Profit | $-128.0M |
| Gross Margin | N/A |
| Operating Margin | 4.5% |
| Report Period | Q3 2024 |
Revenue Breakdown
Global Business Travel Group, Inc. Q3 2024 revenue of $597.0M breaks down across 2 segments, led by Travel at $478.0M (80.1% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Travel | $478.0M | 80.1% |
| Other | $119.0M | 19.9% |
Global Business Travel Group, Inc. Revenue by Segment — Quarterly Trend
Global Business Travel Group, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Travel and Other) has evolved quarter over quarter.
| Segment | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|
| Travel | $620.0M | $528.0M | $507.0M | $499.0M |
| Other | $172.0M | $146.0M | $124.0M | $122.0M |
Global Business Travel Group, Inc. Annual Revenue by Year
Global Business Travel Group, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $2.7B).
| Year | Annual Revenue |
|---|---|
| 2025 | $2.7B |
| 2024 | $2.4B |
| 2023 | $2.3B |
| 2022 | $1.9B |
Global Business Travel Group, Inc. Quarterly Revenue & Net Profit History
Global Business Travel Group, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 2025 | $792.0M | +34.0% | $83.0M | 10.5% |
| Q3 2025 | $674.0M | +12.9% | $-62.0M | -9.2% |
| Q2 2025 | $631.0M | +1.0% | $15.0M | 2.4% |
| Q1 2025 | $621.0M | +1.8% | $75.0M | 12.1% |
| Q4 2024 | $591.0M | +7.7% | $-14.0M | -2.4% |
| Q3 2024 | $597.0M | +4.6% | $-128.0M | -21.4% |
| Q2 2024 | $625.0M | +5.6% | $27.0M | 4.3% |
| Q1 2024 | $610.0M | +5.5% | $-19.0M | -3.1% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $610.0M | $625.0M | $597.0M | $591.0M | $621.0M | $631.0M | $674.0M | $792.0M |
| YoY Growth | 5.5% | 5.6% | 4.6% | 7.7% | 1.8% | 1.0% | 12.9% | 34.0% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $3.83B | $3.78B | $3.75B | $3.62B | $3.79B | $3.87B | $4.76B | $4.92B |
| Liabilities | $2.66B | $2.56B | $2.65B | $2.57B | $2.66B | $2.66B | $3.23B | $3.25B |
| Equity | $1.17B | $1.21B | $1.10B | $1.05B | $1.12B | $1.20B | $1.53B | $1.61B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $49.0M | $73.0M | $85.0M | $65.0M | $53.0M | $57.0M | $71.0M | $52.0M |