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

PINTEREST, INC. is the larger business by last-quarter revenue ($1.3B vs $792.0M, roughly 1.7× Global Business Travel Group, Inc.). PINTEREST, INC. runs the higher net margin — 21.0% vs 10.5%, a 10.5% gap on every dollar of revenue. On growth, Global Business Travel Group, Inc. posted the faster year-over-year revenue change (34.0% vs 14.3%). PINTEREST, INC. produced more free cash flow last quarter ($380.4M vs $13.0M). Over the past eight quarters, PINTEREST, INC.'s revenue compounded faster (33.5% CAGR vs 13.9%).

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, ...

Pinterest is an American social media service for publishing and discovery of information in the form of digital pinboards. This includes recipes, home, style, motivation, and inspiration on the Internet using image sharing. Pinterest, Inc. was founded by Ben Silbermann, Paul Sciarra, and Evan Sharp, and is headquartered in San Francisco.

GBTG vs PINS — Head-to-Head

Bigger by revenue
PINS
PINS
1.7× larger
PINS
$1.3B
$792.0M
GBTG
Growing faster (revenue YoY)
GBTG
GBTG
+19.7% gap
GBTG
34.0%
14.3%
PINS
Higher net margin
PINS
PINS
10.5% more per $
PINS
21.0%
10.5%
GBTG
More free cash flow
PINS
PINS
$367.4M more FCF
PINS
$380.4M
$13.0M
GBTG
Faster 2-yr revenue CAGR
PINS
PINS
Annualised
PINS
33.5%
13.9%
GBTG

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GBTG
GBTG
PINS
PINS
Revenue
$792.0M
$1.3B
Net Profit
$83.0M
$277.1M
Gross Margin
82.8%
Operating Margin
3.7%
22.8%
Net Margin
10.5%
21.0%
Revenue YoY
34.0%
14.3%
Net Profit YoY
692.9%
-85.0%
EPS (diluted)
$0.16
$0.41

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
PINS
PINS
Q4 25
$792.0M
$1.3B
Q3 25
$674.0M
$1.0B
Q2 25
$631.0M
$998.2M
Q1 25
$621.0M
$855.0M
Q4 24
$591.0M
$1.2B
Q3 24
$597.0M
$898.4M
Q2 24
$625.0M
$853.7M
Q1 24
$610.0M
$740.0M
Net Profit
GBTG
GBTG
PINS
PINS
Q4 25
$83.0M
$277.1M
Q3 25
$-62.0M
$92.1M
Q2 25
$15.0M
$38.8M
Q1 25
$75.0M
$8.9M
Q4 24
$-14.0M
$1.8B
Q3 24
$-128.0M
$30.6M
Q2 24
$27.0M
$8.9M
Q1 24
$-19.0M
$-24.8M
Gross Margin
GBTG
GBTG
PINS
PINS
Q4 25
82.8%
Q3 25
79.8%
Q2 25
79.7%
Q1 25
76.7%
Q4 24
82.9%
Q3 24
79.1%
Q2 24
78.3%
Q1 24
75.5%
Operating Margin
GBTG
GBTG
PINS
PINS
Q4 25
3.7%
22.8%
Q3 25
1.8%
5.6%
Q2 25
5.4%
-0.4%
Q1 25
8.9%
-4.1%
Q4 24
5.1%
22.7%
Q3 24
4.5%
-0.7%
Q2 24
6.7%
-2.5%
Q1 24
2.6%
-7.4%
Net Margin
GBTG
GBTG
PINS
PINS
Q4 25
10.5%
21.0%
Q3 25
-9.2%
8.8%
Q2 25
2.4%
3.9%
Q1 25
12.1%
1.0%
Q4 24
-2.4%
160.1%
Q3 24
-21.4%
3.4%
Q2 24
4.3%
1.0%
Q1 24
-3.1%
-3.4%
EPS (diluted)
GBTG
GBTG
PINS
PINS
Q4 25
$0.16
$0.41
Q3 25
$-0.13
$0.13
Q2 25
$0.03
$0.06
Q1 25
$0.16
$0.01
Q4 24
$-0.04
$2.66
Q3 24
$-0.28
$0.04
Q2 24
$0.06
$0.01
Q1 24
$-0.04
$-0.04

Balance Sheet & Financial Strength

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

Metric
GBTG
GBTG
PINS
PINS
Cash + ST InvestmentsLiquidity on hand
$434.0M
$969.3M
Total DebtLower is stronger
$1.4B
Stockholders' EquityBook value
$1.6B
$4.7B
Total Assets
$4.9B
$5.5B
Debt / EquityLower = less leverage
0.88×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GBTG
GBTG
PINS
PINS
Q4 25
$434.0M
$969.3M
Q3 25
$427.0M
$1.1B
Q2 25
$601.0M
$1.2B
Q1 25
$552.0M
$1.3B
Q4 24
$536.0M
$1.1B
Q3 24
$524.0M
$1.0B
Q2 24
$515.0M
$1.4B
Q1 24
$475.0M
$1.6B
Total Debt
GBTG
GBTG
PINS
PINS
Q4 25
$1.4B
Q3 25
$1.4B
Q2 25
$1.4B
Q1 25
$1.4B
Q4 24
$1.4B
Q3 24
$1.4B
Q2 24
Q1 24
Stockholders' Equity
GBTG
GBTG
PINS
PINS
Q4 25
$1.6B
$4.7B
Q3 25
$1.5B
$4.8B
Q2 25
$1.2B
$4.8B
Q1 25
$1.1B
$4.7B
Q4 24
$1.1B
$4.8B
Q3 24
$1.1B
$2.9B
Q2 24
$1.2B
$3.2B
Q1 24
$1.2B
$3.1B
Total Assets
GBTG
GBTG
PINS
PINS
Q4 25
$4.9B
$5.5B
Q3 25
$4.8B
$5.5B
Q2 25
$3.9B
$5.4B
Q1 25
$3.8B
$5.3B
Q4 24
$3.6B
$5.3B
Q3 24
$3.8B
$3.5B
Q2 24
$3.8B
$3.7B
Q1 24
$3.8B
$3.7B
Debt / Equity
GBTG
GBTG
PINS
PINS
Q4 25
0.88×
Q3 25
0.91×
Q2 25
1.15×
Q1 25
1.23×
Q4 24
1.32×
Q3 24
1.26×
Q2 24
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
PINS
PINS
Operating Cash FlowLast quarter
$52.0M
$391.2M
Free Cash FlowOCF − Capex
$13.0M
$380.4M
FCF MarginFCF / Revenue
1.6%
28.8%
Capex IntensityCapex / Revenue
4.9%
0.8%
Cash ConversionOCF / Net Profit
0.63×
1.41×
TTM Free Cash FlowTrailing 4 quarters
$104.0M
$1.3B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GBTG
GBTG
PINS
PINS
Q4 25
$52.0M
$391.2M
Q3 25
$71.0M
$321.7M
Q2 25
$57.0M
$207.7M
Q1 25
$53.0M
$363.7M
Q4 24
$65.0M
$254.0M
Q3 24
$85.0M
$248.0M
Q2 24
$73.0M
$106.4M
Q1 24
$49.0M
$356.1M
Free Cash Flow
GBTG
GBTG
PINS
PINS
Q4 25
$13.0M
$380.4M
Q3 25
$38.0M
$318.4M
Q2 25
$27.0M
$196.7M
Q1 25
$26.0M
$356.4M
Q4 24
$33.0M
$250.2M
Q3 24
$59.0M
$244.1M
Q2 24
$49.0M
$101.6M
Q1 24
$24.0M
$344.0M
FCF Margin
GBTG
GBTG
PINS
PINS
Q4 25
1.6%
28.8%
Q3 25
5.6%
30.3%
Q2 25
4.3%
19.7%
Q1 25
4.2%
41.7%
Q4 24
5.6%
21.7%
Q3 24
9.9%
27.2%
Q2 24
7.8%
11.9%
Q1 24
3.9%
46.5%
Capex Intensity
GBTG
GBTG
PINS
PINS
Q4 25
4.9%
0.8%
Q3 25
4.9%
0.3%
Q2 25
4.8%
1.1%
Q1 25
4.3%
0.9%
Q4 24
5.4%
0.3%
Q3 24
4.4%
0.4%
Q2 24
3.8%
0.6%
Q1 24
4.1%
1.6%
Cash Conversion
GBTG
GBTG
PINS
PINS
Q4 25
0.63×
1.41×
Q3 25
3.49×
Q2 25
3.80×
5.36×
Q1 25
0.71×
40.77×
Q4 24
0.14×
Q3 24
8.12×
Q2 24
2.70×
11.98×
Q1 24

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%

PINS
PINS

United States And Canada$944.3M72%
Other$375.0M28%

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