Skip to content
Global Business Travel Group logo

Global Business Travel Group

GBTG

Global Business Travel Group, Inc. (Amex GBT) is a leading technology and services platform providing travel, expense, and meetings and events management solutions.

Market cap
$4.91B+53.9%
Revenue$2.9B+20.7%
Net income$90.0M+325%
Free cash flow$26.0M-84.4%
EPS (diluted)$0.17+270%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 4, 2026 (In 6 days)
Revenue estimate$812.3M
EPS estimate$0.04

Financials

Q1 2026

Income statement

See full
Revenue$840.0M+35.3%
Operating income$3.0M-94.5%
Net income$54.0M-28.0%
EPS (diluted)$0.10-37.5%

Balance sheet

See full
Cash & equivalents$442.0M-19.9%
Total debt$1.6B+10.2%
Total equity$1.6B+43.5%
Total assets$5.1B+34.2%

Cash flow

See full
Operating cash flow-$15.0M-128%
CapEx$37.0M+37.0%
Free cash flow-$52.0M-300%

Valuation & ratios

Valuation

See full
Market cap$4.91B+53.9%
Enterprise value$6.08B+49.5%
P/E54.6×
P/S1.7×+0.4×

Profitability

See full
Operating margin2.7%-3.7pp
Net margin3.1%+2.3pp
FCF margin0.9%-6.0pp

Returns & leverage

See full
Return on equity6.6%+4.9pp
Debt / equity-0.3×
Current ratio1.2×-0.4×

Segments

By segment

See full
Reportable Segment$840.0M+35.3%

By product

See full
Travel revenue$665.0M+33.3%

Competitors

Profile

Global Business Travel Group, Inc. (Amex GBT) is a leading technology and services platform providing travel, expense, and meetings and events management solutions. The company operates a comprehensive B2B travel marketplace, leveraging AI-powered software and a global support network to drive savings and flexibility for corporate clients. Its value proposition centers on facilitating business progress through managed travel and transformational in-person connections.

Competitive position

A leading global provider of business travel management with a proprietary presence in countries representing the vast majority of global business travel spend.

GeographiesGlobal, United Kingdom, United States, Europe
Customer segmentsEnterprise, SME, Multinational Corporations
Business modelB2B Marketplace, Transaction-based, Subscription SaaS, Professional Services
SuppliersAirlines, Hotel Chains, Car Rental Agencies, Global Distribution Systems (GDS), Cloud Infrastructure Providers
CustomersCorporate Travelers, Procurement Officers, Human Resources Departments, Event Planners
Listed2022
Employees19.0K
CEOPaul Gordon Abbott
FilingsSEC EDGAR

Questions, answered.

What is Global Business Travel Group's market cap?
Global Business Travel Group (GBTG) has a market capitalization of $4.9B and trades on NYSE.
What is Global Business Travel Group's revenue and profitability?
Global Business Travel Group generated $2.9B in trailing twelve-month revenue with net income of $90.0M, representing a net margin of 3.1%, with free cash flow of $26.0M. These figures are based on the Q1 2026 filing.
Who are Global Business Travel Group's competitors?
Global Business Travel Group's key competitors include Expedia Group, Inc., Booking Holdings Inc., Gartner, Inc., and others. These companies compete in similar markets and product categories.
Who does Global Business Travel Group partner with?
Global Business Travel Group's notable partners include American Express Company, Sabre Corporation, Amadeus IT Group.
What subsidiaries does Global Business Travel Group have?
Global Business Travel Group's subsidiaries include Egencia, CWT, GBT Travel Services UK Limited.
Where is Global Business Travel Group headquartered?
Global Business Travel Group is headquartered in United States of America and employs approximately 19,000 people. It has been publicly traded since 2022.