Global Business Travel (GBTG) Change in Receivables (2021 - 2026)
Global Business Travel (GBTG) posted quarterly Change in Receivables of $151.0 million for Q1 2026, up 11.03% year-over-year from $136.0 million in Q1 2025, and up 286.42% quarter-over-quarter from -$81.0 million in Q4 2025.
Global Business Travel (GBTG) Change in Receivables (2021 - 2026) Analysis & Trends
Global Business Travel's Change in Receivables history runs 6 years deep, the most recent figure standing at $151.0 million for Q1 2026.
- In Q1 2026, Change in Receivables rose 11.03% year-over-year to $151.0 million; the TTM figure through Mar 2026 stood at $63.0 million (up 176.83% YoY), while the FY2025 annual figure was $48.0 million, up 139.02% from the prior year.
- Change in Receivables for Q1 2026 stood at $151.0 million, up from -$81.0 million in the prior quarter.
- The five-year high for Change in Receivables was $189.0 million in Q1 2022, with the low at -$158.0 million in Q4 2023.
- The 5-year median for Change in Receivables is $6.0 million (2025), against an average of $26.7 million.
- The sharpest annual moves came in 2022 and 2024: Change in Receivables surged 288.24% in 2022, then tumbled 383.33% in 2024.
- Global Business Travel's Change in Receivables stood at -$51.0 million in 2022, then sank by 209.8% to -$158.0 million in 2023, then jumped by 37.34% to -$99.0 million in 2024, then grew by 18.18% to -$81.0 million in 2025, then surged by 286.42% to $151.0 million in 2026.
- Business Quant data shows GBTG's Change in Receivables at $151.0 million in Q1 2026, -$81.0 million in Q4 2025, and $6.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 158.46 Bn | 141.25 Bn | 4.98 Bn | 950.00 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 | -35.00 Mn |
| 4 | Viking Holdings | 44.63 Bn | 40.83 Bn | 713.43 Mn | - |
| 5 | Expedia | 38.98 Bn | 31.85 Bn | 3.91 Bn | 648.00 Mn |
| 6 | Carnival | 38.25 Bn | 36.01 Bn | - | -25.00 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 | 4.14 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 | -36.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -36.00 Mn |
| Jun 30, 2026 | -36.00 Mn |
| Mar 31, 2026 | 151.00 Mn |
| Mar 31, 2026 | 151.00 Mn |
| Dec 31, 2025 | -81.00 Mn |
| Dec 31, 2025 | -81.00 Mn |
| Sep 30, 2025 | 6.00 Mn |
| Sep 30, 2025 | 6.00 Mn |
| Jun 30, 2025 | -13.00 Mn |
| Jun 30, 2025 | -13.00 Mn |
| Mar 31, 2025 | 136.00 Mn |
| Mar 31, 2025 | 136.00 Mn |
| Dec 31, 2024 | -99.00 Mn |
| Dec 31, 2024 | -99.00 Mn |
| Sep 30, 2024 | -34.00 Mn |
| Sep 30, 2024 | -34.00 Mn |
| Jun 30, 2024 | -85.00 Mn |
| Jun 30, 2024 | -85.00 Mn |
| Mar 31, 2024 | 95.00 Mn |
| Mar 31, 2024 | 95.00 Mn |