Global Business Travel (GBTG) Accounts Payables (2020 - 2026)
Global Business Travel's Accounts Payables was $619 million in Q2 2026, up 75.4% from $353 million a year earlier and up 2.7% from the prior quarter.
Global Business Travel (GBTG) Accounts Payables (2020 - 2026) Analysis & Trends
At the end of FY2025, Accounts Payables at Global Business Travel came in at $515 million, up 95.8% from FY2024.
- Accounts Payables shows a five-year compound annual growth rate of 322.4% (FY2020 to FY2025).
- In earlier years, Accounts Payables was $263 million in FY2024 (-12.9%), $302 million in FY2023 (+19.4%), $253 million in FY2022 (+84.7%) and $137 million in FY2021.
- The Q2 2026 figure marks the highest quarterly Accounts Payables in data going back to Q3 2020.
- Compared with a year earlier, Accounts Payables has increased for five straight quarters, with growth averaging 36.0% over the last eight quarters.
- The best year-over-year quarter for Accounts Payables over five years was Q3 2021 (growth of 948.8%); the worst was Q2 2024 (a decline of 24.0%).
- Per Business Quant data, GBTG's Accounts Payables in the three quarters before Q2 2026 was $603 million (Q1 2026), $515 million (Q4 2025) and $556 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Accounts Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 92.75 Bn | 90.79 Bn | 1.55 Bn | 819.00 Mn |
| 2 | Hilton Worldwide Holdings | 71.81 Bn | 68.29 Bn | 3.08 Bn | 2.31 Bn |
| 3 | Royal Caribbean Cruises | 71.17 Bn | 68.75 Bn | 2.29 Bn | 1.09 Bn |
| 4 | Viking Holdings | 35.31 Bn | 20.44 Bn | 996.62 Mn | 327.44 Mn |
| 5 | Carnival | 33.05 Bn | 26.25 Bn | - | 1.16 Bn |
| 6 | Intercontinental Hotels | 26.49 Bn | 22.05 Bn | - | -769.00 Mn |
| 7 | Trip.com | 25.40 Bn | -20.15 Bn | 1.84 Bn | 2.94 Bn |
| 8 | Hyatt Hotels | 14.95 Bn | 12.43 Bn | 388.00 Mn | 530.00 Mn |
| 9 | H World | 13.15 Bn | 4.07 Bn | - | 153.00 Mn |
| 10 | Global Business Travel | 4.96 Bn | 3.19 Bn | 514.00 Mn | 619.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 619.00 Mn |
| Mar 31, 2026 | 603.00 Mn |
| Dec 31, 2025 | 515.00 Mn |
| Sep 30, 2025 | 556.00 Mn |
| Jun 30, 2025 | 353.00 Mn |
| Mar 31, 2025 | 325.00 Mn |
| Dec 31, 2024 | 263.00 Mn |
| Sep 30, 2024 | 330.00 Mn |
| Jun 30, 2024 | 333.00 Mn |
| Mar 31, 2024 | 386.00 Mn |
| Dec 31, 2023 | 302.00 Mn |
| Sep 30, 2023 | 385.00 Mn |
| Jun 30, 2023 | 438.00 Mn |
| Mar 31, 2023 | 350.00 Mn |
| Dec 31, 2022 | 253.00 Mn |
| Sep 30, 2022 | 339.00 Mn |
| Jun 30, 2022 | 274.00 Mn |
| Mar 31, 2022 | 5.59 Mn |
| Dec 31, 2021 | 137.00 Mn |
| Sep 30, 2021 | 6.56 Mn |
Global Business Travel Accounts Payables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accounts-payables&ticker=GBTG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accounts-payables", "ticker": "GBTG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=accounts-payables&ticker=GBTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();