Company research
Global Business Travel Group, Inc.
CIK 1820872Updated Sep 26, 2026
SecurityGBTG · NYSE · equity
Name history
Apollo Strategic Growth Capital · through May 25, 2022
GBTG price & chart
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GBTG SHAREHOLDER NOTICE: Kaskela Law Firm Announces Investigation of Global Business Travel Group Inc. Shareholder Buyout and Encourages GBTG Investors to Contact the Firm to Protect their Investment and Legal Rights ↗
Recent filings
4 filing
144 filing
10-Q filing
Results of Operations and Financial Condition
Items 2.02, 9.01
Submission of Matters to a Vote of Security Holders
Items 5.07
Show 5 more recent filings
Financials
FY 2025 · USDSource
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Source
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 4,916,000,000Source | 3,624,000,000Source | 3,751,000,000Source | 3,728,000,000Source |
| Property, Plant and Equipment, NetUSD | 308,000,000Source | — | — | 218,000,000Source |
| GoodwillUSD | 1,671,000,000Source | 1,201,000,000Source | 1,212,000,000Source | 1,188,000,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 851,000,000Source | 480,000,000Source | 552,000,000Source | 636,000,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 434,000,000Source | 536,000,000Source | 476,000,000Source | 303,000,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 869,000,000Source | 571,000,000Source | 726,000,000Source | 765,000,000Source |
| Assets, CurrentUSD | 1,569,000,000Source | 1,281,000,000Source | 1,360,000,000Source | 1,234,000,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 215,000,000Source | 128,000,000Source | 116,000,000Source | 130,000,000Source |
| Operating Lease, Right-of-Use AssetUSD | 66,000,000Source | 59,000,000Source | 50,000,000Source | 58,000,000Source |
| Other Assets, NoncurrentUSD | 110,000,000Source | 89,000,000Source | 50,000,000Source | 47,000,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 3,255,000,000Source | 2,567,000,000Source | 2,539,000,000Source | 2,357,000,000Source |
| Stockholders’ equity: | ||||
| Additional Paid in CapitalUSD | 3,277,000,000Source | 2,827,000,000Source | 2,748,000,000Source | 334,000,000Source |
| Retained Earnings (Accumulated Deficit)USD | -1,466,000,000Source | -1,575,000,000Source | -1,437,000,000Source | -175,000,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -75,000,000Source | -146,000,000Source | -103,000,000Source | -7,000,000Source |
| Stockholders' Equity Attributable to ParentUSD | 1,608,000,000Source | 1,051,000,000Source | 1,208,000,000Source | 152,000,000Source |
| Liabilities and EquityUSD | 4,916,000,000Source | 3,624,000,000Source | 3,751,000,000Source | 3,728,000,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 1,381,000,000Source | 780,000,000Source | 831,000,000Source | 773,000,000Source |
| Operating Lease, Liability, CurrentUSD | 26,000,000Source | 15,000,000Source | 17,000,000Source | 17,000,000Source |
| Accounts Payable, CurrentUSD | 515,000,000Source | 263,000,000Source | 302,000,000Source | 253,000,000Source |
| Operating Lease, Liability, NoncurrentUSD | 62,000,000Source | 63,000,000Source | 55,000,000Source | 61,000,000Source |
| Deferred Income Tax Liabilities, NetUSD | 99,000,000Source | 36,000,000Source | 5,000,000Source | 24,000,000Source |
| Other Liabilities, NoncurrentUSD | 153,000,000Source | 34,000,000Source | 33,000,000Source | 43,000,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 4,000,000Source | 6,000,000Source | 4,000,000Source | 1,219,000,000Source |
| Additional Financial Items | ||||
| Accumulated Other Comprehensive (Income) Loss, Defined Benefit Plan, after TaxUSD | 42,000,000Source | — | — | — |
| Deferred Revenue, CurrentUSD | 23,000,000Source | 31,000,000Source | 19,000,000Source | 19,000,000Source |
| Deferred Tax Liabilities, NetUSD | — | — | — | 24,000,000Source |
| Dividends PayableUSD | — | — | 0Source | — |
| Long-term DebtUSD | 1,418,000,000Source | 1,384,000,000Source | 1,362,000,000Source | 1,222,000,000Source |
| Long-term Debt, Current MaturitiesUSD | 58,000,000Source | 19,000,000Source | 7,000,000Source | 3,000,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 1,360,000,000Source | 1,365,000,000Source | 1,355,000,000Source | 1,219,000,000Source |
| Redeemable Noncontrolling Interest, Equity, Carrying AmountUSD | 49,000,000Source | — | — | — |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | 111,000,000Source | -134,000,000Source | -136,000,000Source | -229,000,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 192,000,000Source | 178,000,000Source | 194,000,000Source | 182,000,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 76,000,000Source | 77,000,000Source | 75,000,000Source | 39,000,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 48,000,000Source | -123,000,000Source | -49,000,000Source | 427,000,000Source |
| Deferred Income Tax Expense (Benefit)USD | -15,000,000Source | 34,000,000Source | -30,000,000Source | -65,000,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 233,000,000Source | 272,000,000Source | 162,000,000Source | -394,000,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | 104,000,000Source | — | — | — |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -206,000,000Source | -102,000,000Source | -119,000,000Source | -95,000,000Source |
| Payments for (Proceeds from) Other Investing ActivitiesUSD | 0Source | -5,000,000Source | 6,000,000Source | 1,000,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 129,000,000Source | 107,000,000Source | 113,000,000Source | 94,000,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 43,000,000Source | 28,000,000Source | 14,000,000Source | — |
| Payments for Repurchase of Common StockUSD | 73,000,000Source | 55,000,000Source | — | — |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -128,000,000Source | -85,000,000Source | 120,000,000Source | 292,000,000Source |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | -6,000,000Source | -5,000,000Source | 3,000,000Source | — |
| Repayments of Long-term DebtUSD | 113,000,000Source | 1,372,000,000Source | 3,000,000Source | 3,000,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -82,000,000Source | 72,000,000Source | 173,000,000Source | -209,000,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 479,000,000Source | 561,000,000Source | 489,000,000Source | 316,000,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 94,000,000Source | 99,000,000Source | 142,000,000Source | 96,000,000Source |
| Income Taxes Paid, NetUSD | 52,000,000Source | 14,000,000Source | 2,000,000Source | -1,000,000Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 76,000,000Source | 77,000,000Source | 75,000,000Source | 39,000,000Source |
| Amortization of Debt Issuance Costs and DiscountsUSD | — | — | — | 5,000,000Source |
| Amortization of Intangible AssetsUSD | 60,000,000Source | 71,000,000Source | 90,000,000Source | 93,000,000Source |
| Business Combination, Step Acquisition, Equity Interest in Acquiree, Remeasurement Gain (Loss), NetUSD | 39,000,000Source | — | — | — |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement and CurtailmentUSD | -5,000,000Source | -1,000,000Source | -1,000,000Source | — |
| Derivative, Gain (Loss) on Derivative, NetUSD | 131,000,000Source | -47,000,000Source | 21,000,000Source | 12,000,000Source |
| Dividends PayableUSD | — | — | 0Source | — |
| Equity Method Investment, Other than Temporary ImpairmentUSD | 0Source | 0Source | 0Source | 0Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | — | — | — | -7,000,000Source |
| Gain (Loss) on Extinguishment of DebtUSD | -2,000,000Source | -38,000,000Source | 0Source | — |
| General and Administrative ExpenseUSD | 290,000,000Source | 308,000,000Source | 306,000,000Source | 313,000,000Source |
| GoodwillUSD | 1,671,000,000Source | 1,201,000,000Source | 1,212,000,000Source | 1,188,000,000Source |
| Goodwill, Impairment LossUSD | 0Source | 0Source | 0Source | 0Source |
| Impairment of Intangible Assets, Finite-livedUSD | 0Source | — | — | — |
| Income (Loss) from Equity Method InvestmentsUSD | 4,000,000Source | 3,000,000Source | 0Source | -3,000,000Source |
| Income Tax Expense (Benefit)USD | 40,000,000Source | 66,000,000Source | -9,000,000Source | -61,000,000Source |
| InterestExpenseNonoperatingUSD | 95,000,000Source | 115,000,000Source | — | — |
| Investment Income, InterestUSD | 8,000,000Source | 6,000,000Source | 1,000,000Source | — |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 2,000,000Source | 4,000,000Source | -73,000,000Source | -204,000,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 109,000,000Source | -138,000,000Source | -63,000,000Source | -25,000,000Source |
| Operating ExpensesUSD | 2,588,000,000Source | 2,308,000,000Source | 2,298,000,000Source | 2,049,000,000Source |
| Operating Lease, Impairment LossUSD | — | — | — | 0Source |
| Other Nonoperating Income (Expense)USD | -29,000,000Source | 17,000,000Source | -10,000,000Source | 1,000,000Source |
| Payments of Financing CostsUSD | — | — | 2,000,000Source | — |
| Pension Expense (Reversal of Expense), NoncashUSD | -29,000,000Source | -27,000,000Source | -29,000,000Source | -32,000,000Source |
| Proceeds from Issuance of Long-term DebtUSD | 99,000,000Source | 1,397,000,000Source | 131,000,000Source | — |
| Financing Receivable, Credit Loss, Expense (Reversal)USD | 5,000,000Source | 9,000,000Source | 9,000,000Source | 19,000,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 2,718,000,000Source | 2,423,000,000Source | 2,290,000,000Source | 1,851,000,000Source |
| Operating Income (Loss)USD | 130,000,000Source | 115,000,000Source | -8,000,000Source | -198,000,000Source |
| Other Nonoperating Income (Expense)USD | -29,000,000Source | 17,000,000Source | -10,000,000Source | 1,000,000Source |
| Income Tax Expense (Benefit)USD | 40,000,000Source | 66,000,000Source | -9,000,000Source | -61,000,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 2,000,000Source | 4,000,000Source | -73,000,000Source | -204,000,000Source |
| Earnings Per Share, BasicUSD per share | 0.22Source | -0.3Source | -0.25Source | -0.5Source |
| Earnings Per Share, DilutedUSD per share | 0.22Source | -0.3Source | -0.3Source | -0.51Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 484,518,813Source | 462,695,229Source | 251,645,498Source | 51,266,570Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 492,791,804Source | 462,695,229Source | 458,055,525Source | 445,715,051Source |
| Interest Expense (non-operating)USD | 95,000,000Source | 115,000,000Source | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 60,000,000Source | 71,000,000Source | 90,000,000Source | 93,000,000Source |
| Current Income Tax Expense (Benefit)USD | 55,000,000Source | 32,000,000Source | 21,000,000Source | 4,000,000Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 192,000,000Source | 178,000,000Source | 194,000,000Source | 182,000,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | — | — | — | -7,000,000Source |
| General and Administrative ExpenseUSD | 290,000,000Source | 308,000,000Source | 306,000,000Source | 313,000,000Source |
| Goodwill, Impairment LossUSD | 0Source | 0Source | 0Source | 0Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | 59,000,000Source | — | — | — |
| Income (Loss) from Equity Method InvestmentsUSD | 4,000,000Source | 3,000,000Source | 0Source | -3,000,000Source |
| Interest ExpenseUSD | — | — | 141,000,000Source | 98,000,000Source |
| Investment Income, InterestUSD | 8,000,000Source | 6,000,000Source | 1,000,000Source | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 109,000,000Source | -138,000,000Source | -63,000,000Source | -25,000,000Source |
| Operating ExpensesUSD | 2,588,000,000Source | 2,308,000,000Source | 2,298,000,000Source | 2,049,000,000Source |
| Restructuring and Related Cost, Incurred CostUSD | — | 18,000,000Source | — | — |
| Selling and Marketing ExpenseUSD | 442,000,000Source | 400,000,000Source | 393,000,000Source | 337,000,000Source |
Filing attachments
ef20072315_ex99-1.htm · 8-K · 2026-05-04
EX-99.1 4 ef20072315_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Long Lake agrees to acquire American Express Global Business Travel, the world’s largest corporate travel platform, for $6.3 billion, with support from General Catalyst and Alpha Wave Transaction combines Long Lake’s applied AI capabilities with Amex GBT’s marketplace, customer relationships and technology solutions to make business travel faster, smarter and more seamless for every traveler Amex GBT shareholders to receive $9.50…
Read attachment ↗ef20072337_ex99-1.htm · 8-K · 2026-05-04
EX-99.1 2 ef20072337_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 American Express Global Business Travel Reports Strong Q1 2026 Financial Results NEW YORK - May 4, 2026 - American Express Global Business Travel, which is operated by Global Business Travel Group, Inc. (NYSE: GBTG) ( “ Amex GBT ” or the “ Company ” ), a leading software and services company for travel, expense and meetings & events, today reported first quarter 2026 financial results. …
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