Global Business Travel (GBTG) Capital Expenditures (2021 - 2026)
Global Business Travel (GBTG) posted quarterly Capital Expenditures of $37.0 million for Q1 2026, up 37.04% year-over-year from $27.0 million in Q1 2025, and down 5.13% quarter-over-quarter from $39.0 million in Q4 2025.
Global Business Travel (GBTG) Capital Expenditures (2021 - 2026) Analysis & Trends
Global Business Travel's Capital Expenditures history runs 6 years deep, the most recent figure standing at $37.0 million for Q1 2026.
- In Q1 2026, Capital Expenditures rose 37.04% year-over-year to $37.0 million; the TTM figure through Mar 2026 stood at $139.0 million (up 27.52% YoY), while the FY2025 annual figure was $129.0 million, up 20.56% from the prior year.
- Capital Expenditures for Q1 2026 stood at $37.0 million, down from $39.0 million in the prior quarter.
- The five-year high for Capital Expenditures was $39.0 million in Q4 2025, with the low at $21.0 million in Q1 2022.
- The 5-year median for Capital Expenditures is $27.0 million (2023), against an average of $28.2 million.
- The sharpest annual moves came in 2022 and 2024: Capital Expenditures surged 210.0% in 2022, then declined 21.88% in 2024.
- Global Business Travel's Capital Expenditures stood at $21.0 million in 2022, then gained by 23.81% to $26.0 million in 2023, then advanced by 23.08% to $32.0 million in 2024, then climbed by 21.88% to $39.0 million in 2025, then dropped by 5.13% to $37.0 million in 2026.
- Business Quant data shows GBTG's Capital Expenditures at $37.0 million in Q1 2026, $39.0 million in Q4 2025, and $33.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 158.46 Bn | 141.25 Bn | 4.98 Bn | 76.00 Mn |
| 2 | Airbnb | 106.78 Bn | 94.71 Bn | 2.98 Bn | - |
| 3 | Royal Caribbean Cruises | 80.66 Bn | 79.74 Bn | 2.29 Bn | 2.74 Bn |
| 4 | Viking Holdings | 44.63 Bn | 40.83 Bn | 713.43 Mn | -157.93 Mn |
| 5 | Expedia | 38.98 Bn | 31.85 Bn | 3.91 Bn | 199.00 Mn |
| 6 | Carnival | 38.25 Bn | 36.01 Bn | - | 875.00 Mn |
| 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 | 457.69 Mn |
| 9 | MakeMyTrip | 5.84 Bn | 5.06 Bn | 212.91 Mn | - |
| 10 | Global Business Travel | 4.86 Bn | 4.34 Bn | 514.00 Mn | 39.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 39.00 Mn |
| Jun 30, 2026 | 39.00 Mn |
| Mar 31, 2026 | 37.00 Mn |
| Mar 31, 2026 | 37.00 Mn |
| Dec 31, 2025 | 39.00 Mn |
| Dec 31, 2025 | 39.00 Mn |
| Sep 30, 2025 | 33.00 Mn |
| Sep 30, 2025 | 33.00 Mn |
| Jun 30, 2025 | 30.00 Mn |
| Jun 30, 2025 | 30.00 Mn |
| Mar 31, 2025 | 27.00 Mn |
| Mar 31, 2025 | 27.00 Mn |
| Dec 31, 2024 | 32.00 Mn |
| Dec 31, 2024 | 32.00 Mn |
| Sep 30, 2024 | 26.00 Mn |
| Sep 30, 2024 | 26.00 Mn |
| Jun 30, 2024 | 24.00 Mn |
| Jun 30, 2024 | 24.00 Mn |
| Mar 31, 2024 | 25.00 Mn |
| Mar 31, 2024 | 25.00 Mn |