What is Global Business Travel Group's capex?

Global Business Travel Group (GBTG) reported capex of $37M in Q1 2026.

How has Global Business Travel Group's capex changed year-over-year?

Global Business Travel Group's capex increased by 37.0% year-over-year, from $27M to $37M.

What is the long-term trend for Global Business Travel Group's capex?

Over 3 years (2022 to 2025), Global Business Travel Group's capex has grown at a 11.1% compound annual growth rate (CAGR), from $94M to $129M.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

Global Business Travel Group GBTG CapEx

CapEx at other companies

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$107M-11.6%

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$184M-6.1%

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$105K+16.7%

Clear SecureYOU

$4.87M-31.2%

GartnerIT

$20.42M-20.1%

WEXWEX

$37.5M+15.0%

Other financials

Income statement

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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

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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

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Operating cash flow-$15.0M-128%

Free cash flow-$52.0M-300%

Valuation

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Market cap$4.88B-15.8%

Enterprise value$6.04B-6.7%

P/E54.2×—

P/S1.7×-0.7×

Profitability

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Operating margin2.7%-3.7pp

Net margin3.1%+2.3pp

FCF margin0.9%-6.0pp

Returns & leverage

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Return on equity6.6%+4.9pp

Debt / equity1×-0.3×

Current ratio1.2×-0.4×

Where this comes from

Reported directly by Global Business Travel Group in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The official record: Global Business Travel Group’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Global Business Travel Group's capex?: Global Business Travel Group (GBTG) reported capex of $37M in Q1 2026.
How has Global Business Travel Group's capex changed year-over-year?: Global Business Travel Group's capex increased by 37.0% year-over-year, from $27M to $37M.
What is the long-term trend for Global Business Travel Group's capex?: Over 3 years (2022 to 2025), Global Business Travel Group's capex has grown at a 11.1% compound annual growth rate (CAGR), from $94M to $129M.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.