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Global Business Travel Group GBTG Fair value movement on earnout derivative liabilities

Fair value movement on earnout derivative liabilities at other companies

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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$4.88B-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 / 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 gbtg:FairValueMovementOnEarnoutLiabilities.

The official record: Global Business Travel Group’s 10-K, filed March 9, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Global Business Travel Group's fair value movement on earnout derivative liabilities?
Global Business Travel Group (GBTG) reported fair value movement on earnout derivative liabilities of $24M in Q4 2025.
How has Global Business Travel Group's fair value movement on earnout derivative liabilities changed year-over-year?
Global Business Travel Group's fair value movement on earnout derivative liabilities increased by 271.4% year-over-year, from -$14M to $24M.
What is the long-term trend for Global Business Travel Group's fair value movement on earnout derivative liabilities?
Over 2 years (2023 to 2025), Global Business Travel Group's fair value movement on earnout derivative liabilities has grown at a 171.7% compound annual growth rate (CAGR), from $13M to $96M.
What does fair value movement on earnout derivative liabilities mean?
This represents the non-cash adjustment to the carrying value of contingent consideration liabilities related to past acquisitions. Changes in fair value reflect updates to management's expectations regarding the achievement of performance milestones that trigger future payouts. This metric is critical for understanding how acquisition-related earnouts impact reported net income without affecting immediate cash flow.