Global Business Travel (GBTG) Change in Account Payables (2021 - 2026)
Global Business Travel (GBTG) recorded quarterly Change in Account Payables of -$2.0 million in Q1 2026, down 133.33% quarter-over-quarter from $6.0 million in Q4 2025, and down 115.38% on a YoY basis from $13.0 million in Q1 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.
- In Q1 2026, Change in Account Payables fell 115.38% year-over-year to -$2.0 million; the TTM figure through Mar 2026 stood at -$12.0 million (down 33.33% YoY), while the FY2025 annual figure was $3.0 million, up 117.65% from the prior year.
- Change in Account Payables was -$2.0 million for Q1 2026 at Global Business Travel, down from $6.0 million in the prior quarter.
- In the past five years, Change in Account Payables ranged from a high of $37.0 million in Q1 2023 to a low of -$29.0 million in Q2 2023.
- Historically, Change in Account Payables has averaged -$2.9 million across 5 years, with a median of $0.0 in 2024.
- Biggest YoY gain for Change in Account Payables was 200.0% in 2025; the steepest drop was 1050.0% in 2025.
- A 5-year view of Change in Account Payables shows it 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 slumped by 133.33% to -$2.0 million in 2026.
- The last three Change in Account Payables figures came in at -$2.0 million (Q1 2026), $6.0 million (Q4 2025), and $3.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Account Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 131.01 Bn | 114.99 Bn | 3.46 Bn | - |
| 2 | Airbnb | 79.86 Bn | 67.85 Bn | 2.10 Bn | - |
| 3 | Royal Caribbean Cruises | 75.60 Bn | 75.08 Bn | 2.21 Bn | -8.00 Mn |
| 4 | Carnival | 37.80 Bn | 36.39 Bn | - | -33.00 Mn |
| 5 | Expedia | 27.88 Bn | 22.09 Bn | 3.05 Bn | -43.00 Mn |
| 6 | Norwegian Cruise Line Holdings | 8.56 Bn | 8.38 Bn | 953.34 Mn | 33.60 Mn |
| 7 | Global Business Travel | 4.79 Bn | 4.35 Bn | 714.00 Mn | -2.00 Mn |
| 8 | Travel & Leisure | 4.51 Bn | 4.25 Bn | 926.00 Mn | - |
| 9 | Trip.com | 4.42 Bn | -788.25 Mn | 1.74 Bn | - |
| 10 | MakeMyTrip | 2.12 Bn | 1.35 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |