Global Business Travel (GBTG) Change in Accured Expenses (2021 - 2026)

Global Business Travel (GBTG) recorded quarterly Change in Accured Expenses of $123.0 million in Q1 2026, up 180.39% quarter-over-quarter from -$153.0 million in Q4 2025, and up 43.02% on a YoY basis from $86.0 million in Q1 2025.

Global Business Travel (GBTG) Change in Accured Expenses (2021 - 2026) Analysis & Trends

Global Business Travel's Change in Accured Expenses history runs 6 years deep, the most recent figure standing at $123.0 million for Q1 2026.

  • In Q1 2026, Change in Accured Expenses rose 43.02% year-over-year to $123.0 million; the TTM figure through Mar 2026 stood at $30.0 million (up 147.62% YoY), while the FY2025 annual figure was -$7.0 million, down 40.0% from the prior year.
  • Change in Accured Expenses was $123.0 million for Q1 2026 at Global Business Travel, up from -$153.0 million in the prior quarter.
  • In the past five years, Change in Accured Expenses ranged from a high of $144.0 million in Q1 2024 to a low of -$153.0 million in Q4 2025.
  • Historically, Change in Accured Expenses has averaged $15.2 million across 5 years, with a median of $21.0 million in 2022.
  • Biggest YoY gain for Change in Accured Expenses was 2147.09% in 2022; the steepest drop was 400.0% in 2022.
  • A 5-year view of Change in Accured Expenses shows it stood at -$84.0 million in 2022, then sank by 36.9% to -$115.0 million in 2023, then jumped by 38.26% to -$71.0 million in 2024, then tumbled by 115.49% to -$153.0 million in 2025, then jumped by 180.39% to $123.0 million in 2026.
  • The last three Change in Accured Expenses figures came in at $123.0 million (Q1 2026), -$153.0 million (Q4 2025), and $48.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Accured Expenses (Qtr)
1 Booking Holdings 131.01 Bn 114.99 Bn 3.46 Bn 1.83 Bn
2 Airbnb 79.86 Bn 67.85 Bn 2.10 Bn 179.00 Mn
3 Royal Caribbean Cruises 75.60 Bn 75.08 Bn 2.21 Bn -279.00 Mn
4 Carnival 37.80 Bn 36.39 Bn - -296.00 Mn
5 Expedia 27.88 Bn 22.09 Bn 3.05 Bn 1.00 Mn
6 Norwegian Cruise Line Holdings 8.56 Bn 8.38 Bn 953.34 Mn -31.19 Mn
7 Global Business Travel 4.79 Bn 4.35 Bn 714.00 Mn 123.00 Mn
8 Travel & Leisure 4.51 Bn 4.25 Bn 926.00 Mn -98.00 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
DateValue
Mar 31, 2026 123.00 Mn
Mar 31, 2026 123.00 Mn
Dec 31, 2025 -153.00 Mn
Dec 31, 2025 -153.00 Mn
Sep 30, 2025 48.00 Mn
Sep 30, 2025 48.00 Mn
Jun 30, 2025 12.00 Mn
Jun 30, 2025 12.00 Mn
Mar 31, 2025 86.00 Mn
Mar 31, 2025 86.00 Mn
Dec 31, 2024 -71.00 Mn
Dec 31, 2024 -71.00 Mn
Sep 30, 2024 -5.00 Mn
Sep 30, 2024 -5.00 Mn
Jun 30, 2024 -73.00 Mn
Jun 30, 2024 -73.00 Mn
Mar 31, 2024 144.00 Mn
Mar 31, 2024 144.00 Mn
Dec 31, 2023 -115.00 Mn
Dec 31, 2023 -115.00 Mn