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Global Business Travel Group GBTG Q2 2025 earnings

Reported August 5, 2025 · Before market open

Revenue$631.0MBeat by $30.9M
EPS$0.03Beat by $0.01
Revenue estimate$600.1M
EPS estimate$0.02

Next report

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

Financials

Q2 2025

Income statement

See full
Revenue$631.0M+1.0%
Operating income$34.0M-19.0%
Net income$15.0M-44.4%
EPS (diluted)$0.03-50.0%

Balance sheet

See full
Cash & equivalents$601.0M+16.7%
Total debt$1.5B+1.6%
Total equity$1.2B-1.2%
Total assets$3.9B+2.4%

Cash flow

See full
Operating cash flow$57.0M-21.9%
CapEx$30.0M+25.0%
Free cash flow$27.0M-44.9%

Valuation & ratios

Valuation

as of 06/30/25
See full
Market cap$3.03B-1.2%
Enterprise value$3.88B-2.5%
P/S1.2×-0.1×

Profitability

See full
Operating margin6%—
Net margin-2.1%+0.2pp
FCF margin5.9%-3.1pp

Returns & leverage

See full
Return on equity-4.3%-1.1pp
Debt / equity1.2×0.0×
Current ratio1.7×0.0×

Segments

By geography

See full
U.K.$340.8M+4.4%
United States$150.3M+25.5%

By segment

See full
Reportable Segment$631.0M+1.0%

By product

See full
Travel revenue$507.0M+0.2%

Versus estimates

Revenue

Q1 2026$840.0MBeat by $25.5MQ4 2025$792.0MBeat by $2.0MQ3 2025$674.0MBeat by $59.3M
Q2 2025$631.0MBeat by $30.9M
Q1 2025$621.0MMiss by $31.6MQ4 2024$591.0MMiss by $47.8M

Diluted EPS

Q1 2026$0.05In lineQ4 2025$0.06Beat by $0.04Q3 2025-$0.07Miss by $0.19
Q2 2025$0.03Beat by $0.01
Q1 2025$0.16Beat by $0.06Q4 2024-$0.03Miss by $0.06

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Questions, answered.

When did Global Business Travel Group report Q2 2025 earnings?
Global Business Travel Group (GBTG) reported Q2 2025 earnings on August 5, 2025 before market open.
What were Global Business Travel Group's Q2 2025 revenue and EPS?
Global Business Travel Group reported revenue of $631.0M and eps of $0.03 for Q2 2025.
Did Global Business Travel Group beat estimates in Q2 2025?
Revenue beat the consensus estimate of $600.1M by $30.9M. EPS beat the consensus estimate of $0.02 by $0.01.
How did Global Business Travel Group's Q2 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 1.0% from $625.0M a year earlier and eps declined 50.0% from $0.06.
Where can I find Global Business Travel Group's Q2 2025 SEC filings?
You can read the 10-Q periodic report (0001820872-25-000028) directly on SEC EDGAR. The filing index links above go to sec.gov.