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Global Business Travel Group GBTG Business Segments — Total Revenue

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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%
CapEx$37.0M+37.0%
Free cash flow-$52.0M-300%

Valuation

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Market cap$4.93B+40.3%
Enterprise value$6.09B+39.5%
P/E54.7×
P/S1.7×+0.2×

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 / equity-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:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Global Business Travel Group’s 10-Q, filed May 11, 2026.

Filed
May 11, 2026, 8:30 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-033155
(in $ millions)Three months ended March 31, 20262025
Revenue$840$621
Less: (a)
Adjusted cost of revenue (b)349229
Adjusted sales and marketing (b)12095
Adjusted technology and content (b)151111
Adjusted general and administrative (c)7145
Total adjusted cost and expenses691480
Share of income from equity-method investments1

ITEM 1. Consolidated Financial Statements

FAQ

What is Global Business Travel Group's business segments — total revenue?
Global Business Travel Group (GBTG) reported business segments — total revenue of $840M in Q1 2026.
How has Global Business Travel Group's business segments — total revenue changed year-over-year?
Global Business Travel Group's business segments — total revenue increased by 35.3% year-over-year, from $621M to $840M.
What is the long-term trend for Global Business Travel Group's business segments — total revenue?
Over 3 years (2022 to 2025), Global Business Travel Group's business segments — total revenue has grown at a 13.7% compound annual growth rate (CAGR), from $1.85B to $2.72B.
What does business segments — total revenue mean?
This represents the total gross income generated by the business segment through its primary travel management, expense, and consulting services. It serves as the primary indicator of the segment's market scale and its ability to capture value within the B2B travel ecosystem.

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