Global Business Travel (GBTG) Accumulated Expenses (2021 - 2026)
Global Business Travel (GBTG) posted quarterly Accumulated Expenses of $781.0 million for Q1 2026, up 51.06% year-over-year from $517.0 million in Q1 2025, and up 3.17% quarter-over-quarter from $757.0 million in Q4 2025.
Global Business Travel (GBTG) Accumulated Expenses (2021 - 2026) Analysis & Trends
Global Business Travel's Accumulated Expenses history runs 6 years deep, the most recent figure standing at $781.0 million for Q1 2026.
- In Q1 2026, Accumulated Expenses rose 51.06% year-over-year to $781.0 million; the TTM figure through Mar 2026 stood at $781.0 million (up 51.06% YoY), while the FY2025 annual figure was $757.0 million, up 64.21% from the prior year.
- Accumulated Expenses for Q1 2026 stood at $781.0 million, up from $757.0 million in the prior quarter.
- The five-year high for Accumulated Expenses was $781.0 million in Q1 2026, with the low at $409.0 million in Q3 2022.
- The 5-year median for Accumulated Expenses is $472.5 million (2023), against an average of $520.1 million.
- The sharpest annual moves came in 2022 and 2025: Accumulated Expenses dropped 12.91% in 2022, then soared 64.21% in 2025.
- Global Business Travel's Accumulated Expenses stood at $452.0 million in 2022, then grew by 3.1% to $466.0 million in 2023, then fell by 1.07% to $461.0 million in 2024, then jumped by 64.21% to $757.0 million in 2025, then grew by 3.17% to $781.0 million in 2026.
- Business Quant data shows GBTG's Accumulated Expenses at $781.0 million in Q1 2026, $757.0 million in Q4 2025, and $691.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Booking Holdings | 158.46 Bn | 141.25 Bn | 4.98 Bn |
| 2 | Airbnb | 106.78 Bn | 94.71 Bn | 2.98 Bn |
| 3 | Royal Caribbean Cruises | 80.66 Bn | 79.74 Bn | 2.29 Bn |
| 4 | Viking Holdings | 44.63 Bn | 40.83 Bn | 713.43 Mn |
| 5 | Expedia | 38.98 Bn | 31.85 Bn | 3.91 Bn |
| 6 | Carnival | 38.25 Bn | 36.01 Bn | - |
| 7 | Trip.com | 29.13 Bn | 17.43 Bn | 1.86 Bn |
| 8 | Norwegian Cruise Line Holdings | 8.43 Bn | 8.21 Bn | 1.05 Bn |
| 9 | MakeMyTrip | 5.84 Bn | 5.06 Bn | 212.91 Mn |
| 10 | Global Business Travel | 4.86 Bn | 4.34 Bn | 514.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 758.00 Mn |
| Mar 31, 2026 | 781.00 Mn |
| Dec 31, 2025 | 757.00 Mn |
| Sep 30, 2025 | 691.00 Mn |
| Jun 30, 2025 | 512.00 Mn |
| Mar 31, 2025 | 517.00 Mn |
| Dec 31, 2024 | 461.00 Mn |
| Sep 30, 2024 | 504.00 Mn |
| Jun 30, 2024 | 479.00 Mn |
| Mar 31, 2024 | 526.00 Mn |
| Dec 31, 2023 | 466.00 Mn |
| Sep 30, 2023 | 453.00 Mn |
| Jun 30, 2023 | 447.00 Mn |
| Mar 31, 2023 | 426.00 Mn |
| Dec 31, 2022 | 452.00 Mn |
| Sep 30, 2022 | 409.00 Mn |
| Jun 30, 2022 | 441.00 Mn |
| Dec 31, 2021 | 519.00 Mn |