Global Business Travel (GBTG) Change in Account Payables (2021 - 2026)

Global Business Travel's (GBTG) quarterly Change in Account Payables came in at -$2.0 million in Q1 2026, down 115.38% year-on-year from $13.0 million in Q1 2025, and down 133.33% quarter-over-quarter from $6.0 million in Q4 2025.

Global Business Travel (GBTG) Change in Account Payables (2021 - 2026) Analysis & Trends

Global Business Travel's Change in Account Payables history runs 6 years deep, the most recent figure standing at -$2.0 million for Q1 2026.

  • On a quarterly basis, Change in Account Payables fell 115.38% year-over-year to -$2.0 million in Q1 2026; TTM through Mar 2026 was -$12.0 million, a 33.33% decrease from a year earlier, with the FY2025 full-year figure at $3.0 million, up 117.65% from the prior year.
  • Change in Account Payables fell to -$2.0 million in Q1 2026 per GBTG's latest filing, from $6.0 million in the prior quarter.
  • Across five years, Change in Account Payables topped out at $37.0 million in Q1 2023 and bottomed at -$29.0 million in Q2 2023.
  • The 5-year median for Change in Account Payables is $0.0 (2024), against an average of -$2.9 million.
  • Biggest YoY gain for Change in Account Payables was 200.0% in 2025; the steepest drop was 1050.0% in 2025.
  • Year by year, Change in Account Payables stood at -$19.0 million in 2022, then decreased by 21.05% to -$23.0 million in 2023, then surged by 73.91% to -$6.0 million in 2024, then soared by 200.0% to $6.0 million in 2025, then plunged by 133.33% to -$2.0 million in 2026.
  • Per Business Quant, the three latest GBTG Change in Account Payables figures stand at -$2.0 million (Q1 2026), $6.0 million (Q4 2025), and $3.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Account Payables (Qtr)
1 Booking Holdings 136.54 Bn 120.51 Bn 3.46 Bn -
2 Royal Caribbean Cruises 86.11 Bn 85.59 Bn 2.21 Bn -8.00 Mn
3 Airbnb 82.27 Bn 70.26 Bn 2.10 Bn -
4 Yatra Online 55.46 Bn 55.47 Bn 10.44 Mn -
5 Viking Holdings 44.18 Bn 40.37 Bn 713.43 Mn -
6 Carnival 34.61 Bn 32.38 Bn - 29.00 Mn
7 Expedia 31.38 Bn 28.88 Bn 3.05 Bn -43.00 Mn
8 Norwegian Cruise Line Holdings 8.54 Bn 8.35 Bn 953.34 Mn 33.60 Mn
9 MakeMyTrip 5.02 Bn 4.60 Bn 199.14 Mn 113.00 Mn
10 Global Business Travel 4.83 Bn 4.43 Bn 490.00 Mn -2.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -2.00 Mn
Mar 31, 2026 -2.00 Mn
Dec 31, 2025 6.00 Mn
Dec 31, 2025 6.00 Mn
Sep 30, 2025 3.00 Mn
Sep 30, 2025 3.00 Mn
Jun 30, 2025 -19.00 Mn
Jun 30, 2025 -19.00 Mn
Mar 31, 2025 13.00 Mn
Mar 31, 2025 13.00 Mn
Dec 31, 2024 -6.00 Mn
Dec 31, 2024 -6.00 Mn
Sep 30, 2024 -18.00 Mn
Sep 30, 2024 -18.00 Mn
Jun 30, 2024 2.00 Mn
Jun 30, 2024 2.00 Mn
Mar 31, 2024 5.00 Mn
Mar 31, 2024 5.00 Mn
Dec 31, 2023 -23.00 Mn
Dec 31, 2023 -23.00 Mn