Global Business Travel (GBTG) Change in Receivables (2021 - 2026)
Global Business Travel's Change in Receivables came in at -$36 million for Q2 2026, compared with -$13 million a year earlier.
Global Business Travel (GBTG) Change in Receivables (2021 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Global Business Travel reported Change in Receivables of $40 million; for FY2025, it came in at $48 million.
- Going back by year, Change in Receivables was -$123 million in FY2024, -$49 million in FY2023, $427 million in FY2022 (+402.4%) and $85 million in FY2021.
- The five-year range for quarterly Change in Receivables is -$158 million (Q4 2023) to $189 million (Q1 2022).
- Business Quant data shows GBTG's Change in Receivables at $151 million (Q1 2026), -$81 million (Q4 2025) and $6 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 92.75 Bn | 90.79 Bn | 1.55 Bn | - |
| 2 | Hilton Worldwide Holdings | 71.81 Bn | 68.29 Bn | 3.08 Bn | - |
| 3 | Royal Caribbean Cruises | 71.17 Bn | 68.75 Bn | 2.29 Bn | -35.00 Mn |
| 4 | Viking Holdings | 35.31 Bn | 20.44 Bn | 996.62 Mn | - |
| 5 | Carnival | 33.05 Bn | 26.25 Bn | - | 21.00 Mn |
| 6 | Intercontinental Hotels | 26.49 Bn | 22.05 Bn | - | - |
| 7 | Trip.com | 25.40 Bn | -20.15 Bn | 1.84 Bn | - |
| 8 | Hyatt Hotels | 14.95 Bn | 12.43 Bn | 388.00 Mn | - |
| 9 | H World | 13.15 Bn | 4.07 Bn | - | - |
| 10 | Global Business Travel | 4.96 Bn | 3.19 Bn | 514.00 Mn | -36.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -36.00 Mn |
| Mar 31, 2026 | 151.00 Mn |
| Dec 31, 2025 | -81.00 Mn |
| Sep 30, 2025 | 6.00 Mn |
| Jun 30, 2025 | -13.00 Mn |
| Mar 31, 2025 | 136.00 Mn |
| Dec 31, 2024 | -99.00 Mn |
| Sep 30, 2024 | -34.00 Mn |
| Jun 30, 2024 | -85.00 Mn |
| Mar 31, 2024 | 95.00 Mn |
| Dec 31, 2023 | -158.00 Mn |
| Sep 30, 2023 | -84.00 Mn |
| Jun 30, 2023 | 30.00 Mn |
| Mar 31, 2023 | 163.00 Mn |
| Dec 31, 2022 | -51.00 Mn |
| Sep 30, 2022 | 132.00 Mn |
| Jun 30, 2022 | 157.00 Mn |
| Mar 31, 2022 | 189.00 Mn |
| Dec 31, 2021 | 23.00 Mn |
| Sep 30, 2021 | 34.00 Mn |
Global Business Travel Change in Receivables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-receivables&ticker=GBTG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-receivables", "ticker": "GBTG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=change-in-receivables&ticker=GBTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();