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Side-by-side financial comparison of Global Business Travel Group, Inc. (GBTG) and OSI SYSTEMS INC (OSIS). Click either name above to swap in a different company.

Global Business Travel Group, Inc. is the larger business by last-quarter revenue ($792.0M vs $464.1M, roughly 1.7× OSI SYSTEMS INC). Global Business Travel Group, Inc. runs the higher net margin — 10.5% vs 8.3%, a 2.1% gap on every dollar of revenue. On growth, Global Business Travel Group, Inc. posted the faster year-over-year revenue change (34.0% vs 10.5%). OSI SYSTEMS INC produced more free cash flow last quarter ($55.5M vs $13.0M). Over the past eight quarters, Global Business Travel Group, Inc.'s revenue compounded faster (13.9% CAGR vs 7.0%).

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, ...

OSI Systems, Inc. is an American company based in California that develops and markets security and inspection systems such as airport security X-ray machines and metal detectors, medical monitoring and anesthesia systems, and optoelectronic devices. As of June 2010, the company employs approximately 3,180 personnel globally and includes subsidiary companies Spacelabs Healthcare, Rapiscan Systems and OSI Optoelectronics.

GBTG vs OSIS — Head-to-Head

Bigger by revenue
GBTG
GBTG
1.7× larger
GBTG
$792.0M
$464.1M
OSIS
Growing faster (revenue YoY)
GBTG
GBTG
+23.5% gap
GBTG
34.0%
10.5%
OSIS
Higher net margin
GBTG
GBTG
2.1% more per $
GBTG
10.5%
8.3%
OSIS
More free cash flow
OSIS
OSIS
$42.5M more FCF
OSIS
$55.5M
$13.0M
GBTG
Faster 2-yr revenue CAGR
GBTG
GBTG
Annualised
GBTG
13.9%
7.0%
OSIS

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
GBTG
GBTG
OSIS
OSIS
Revenue
$792.0M
$464.1M
Net Profit
$83.0M
$38.7M
Gross Margin
32.7%
Operating Margin
3.7%
12.7%
Net Margin
10.5%
8.3%
Revenue YoY
34.0%
10.5%
Net Profit YoY
692.9%
2.3%
EPS (diluted)
$0.16
$2.22

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
GBTG
GBTG
OSIS
OSIS
Q4 25
$792.0M
$464.1M
Q3 25
$674.0M
$384.6M
Q2 25
$631.0M
$505.0M
Q1 25
$621.0M
$444.4M
Q4 24
$591.0M
$419.8M
Q3 24
$597.0M
$344.0M
Q2 24
$625.0M
$480.9M
Q1 24
$610.0M
$405.4M
Net Profit
GBTG
GBTG
OSIS
OSIS
Q4 25
$83.0M
$38.7M
Q3 25
$-62.0M
$20.6M
Q2 25
$15.0M
$52.7M
Q1 25
$75.0M
$41.1M
Q4 24
$-14.0M
$37.8M
Q3 24
$-128.0M
$17.9M
Q2 24
$27.0M
$44.7M
Q1 24
$-19.0M
$34.0M
Gross Margin
GBTG
GBTG
OSIS
OSIS
Q4 25
32.7%
Q3 25
32.0%
Q2 25
33.3%
Q1 25
33.8%
Q4 24
35.1%
Q3 24
35.3%
Q2 24
32.1%
Q1 24
33.6%
Operating Margin
GBTG
GBTG
OSIS
OSIS
Q4 25
3.7%
12.7%
Q3 25
1.8%
8.6%
Q2 25
5.4%
14.5%
Q1 25
8.9%
12.7%
Q4 24
5.1%
13.8%
Q3 24
4.5%
8.8%
Q2 24
6.7%
13.1%
Q1 24
2.6%
12.7%
Net Margin
GBTG
GBTG
OSIS
OSIS
Q4 25
10.5%
8.3%
Q3 25
-9.2%
5.3%
Q2 25
2.4%
10.4%
Q1 25
12.1%
9.3%
Q4 24
-2.4%
9.0%
Q3 24
-21.4%
5.2%
Q2 24
4.3%
9.3%
Q1 24
-3.1%
8.4%
EPS (diluted)
GBTG
GBTG
OSIS
OSIS
Q4 25
$0.16
$2.22
Q3 25
$-0.13
$1.18
Q2 25
$0.03
$3.04
Q1 25
$0.16
$2.40
Q4 24
$-0.04
$2.22
Q3 24
$-0.28
$1.05
Q2 24
$0.06
$2.57
Q1 24
$-0.04
$1.95

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GBTG
GBTG
OSIS
OSIS
Cash + ST InvestmentsLiquidity on hand
$434.0M
$336.7M
Total DebtLower is stronger
$1.4B
$1.0B
Stockholders' EquityBook value
$1.6B
$845.5M
Total Assets
$4.9B
$2.5B
Debt / EquityLower = less leverage
0.88×
1.19×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GBTG
GBTG
OSIS
OSIS
Q4 25
$434.0M
$336.7M
Q3 25
$427.0M
$124.4M
Q2 25
$601.0M
$106.4M
Q1 25
$552.0M
$95.8M
Q4 24
$536.0M
$101.6M
Q3 24
$524.0M
$85.1M
Q2 24
$515.0M
$95.4M
Q1 24
$475.0M
$101.4M
Total Debt
GBTG
GBTG
OSIS
OSIS
Q4 25
$1.4B
$1.0B
Q3 25
$1.4B
$442.2M
Q2 25
$1.4B
$471.6M
Q1 25
$1.4B
$473.2M
Q4 24
$1.4B
$474.8M
Q3 24
$1.4B
$476.3M
Q2 24
$137.6M
Q1 24
Stockholders' Equity
GBTG
GBTG
OSIS
OSIS
Q4 25
$1.6B
$845.5M
Q3 25
$1.5B
$946.0M
Q2 25
$1.2B
$951.1M
Q1 25
$1.1B
$879.3M
Q4 24
$1.1B
$825.8M
Q3 24
$1.1B
$786.5M
Q2 24
$1.2B
$863.5M
Q1 24
$1.2B
$813.4M
Total Assets
GBTG
GBTG
OSIS
OSIS
Q4 25
$4.9B
$2.5B
Q3 25
$4.8B
$2.3B
Q2 25
$3.9B
$2.2B
Q1 25
$3.8B
$2.1B
Q4 24
$3.6B
$2.1B
Q3 24
$3.8B
$2.1B
Q2 24
$3.8B
$1.9B
Q1 24
$3.8B
$1.8B
Debt / Equity
GBTG
GBTG
OSIS
OSIS
Q4 25
0.88×
1.19×
Q3 25
0.91×
0.47×
Q2 25
1.15×
0.50×
Q1 25
1.23×
0.54×
Q4 24
1.32×
0.57×
Q3 24
1.26×
0.61×
Q2 24
0.16×
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GBTG
GBTG
OSIS
OSIS
Operating Cash FlowLast quarter
$52.0M
$62.2M
Free Cash FlowOCF − Capex
$13.0M
$55.5M
FCF MarginFCF / Revenue
1.6%
12.0%
Capex IntensityCapex / Revenue
4.9%
1.4%
Cash ConversionOCF / Net Profit
0.63×
1.61×
TTM Free Cash FlowTrailing 4 quarters
$104.0M
$137.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GBTG
GBTG
OSIS
OSIS
Q4 25
$52.0M
$62.2M
Q3 25
$71.0M
$17.1M
Q2 25
$57.0M
$562.0K
Q1 25
$53.0M
$81.6M
Q4 24
$65.0M
$52.5M
Q3 24
$85.0M
$-37.2M
Q2 24
$73.0M
$-29.0M
Q1 24
$49.0M
$-52.1M
Free Cash Flow
GBTG
GBTG
OSIS
OSIS
Q4 25
$13.0M
$55.5M
Q3 25
$38.0M
$10.1M
Q2 25
$27.0M
$-5.6M
Q1 25
$26.0M
$77.1M
Q4 24
$33.0M
$47.1M
Q3 24
$59.0M
$-44.9M
Q2 24
$49.0M
$-37.5M
Q1 24
$24.0M
$-57.0M
FCF Margin
GBTG
GBTG
OSIS
OSIS
Q4 25
1.6%
12.0%
Q3 25
5.6%
2.6%
Q2 25
4.3%
-1.1%
Q1 25
4.2%
17.4%
Q4 24
5.6%
11.2%
Q3 24
9.9%
-13.0%
Q2 24
7.8%
-7.8%
Q1 24
3.9%
-14.1%
Capex Intensity
GBTG
GBTG
OSIS
OSIS
Q4 25
4.9%
1.4%
Q3 25
4.9%
1.8%
Q2 25
4.8%
1.2%
Q1 25
4.3%
1.0%
Q4 24
5.4%
1.3%
Q3 24
4.4%
2.2%
Q2 24
3.8%
1.8%
Q1 24
4.1%
1.2%
Cash Conversion
GBTG
GBTG
OSIS
OSIS
Q4 25
0.63×
1.61×
Q3 25
0.83×
Q2 25
3.80×
0.01×
Q1 25
0.71×
1.98×
Q4 24
1.39×
Q3 24
-2.07×
Q2 24
2.70×
-0.65×
Q1 24
-1.53×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

GBTG
GBTG

Travel$620.0M78%
Other$172.0M22%

OSIS
OSIS

Security Division$334.7M72%
Optoelectronics And Manufacturing Division$92.8M20%
Healthcare Division$36.5M8%

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