Global Business Travel GBTG
NYSE GBTG
$9.48 -0.01 (-0.11%)
At close: Sep 4, 2026 · 4:00 PM EDT

Global Business Travel (GBTG) Cost of Revenue (2021 - 2026)

Global Business Travel (GBTG) posted Cost of Revenue of $356.0 million for Q2 2026, up 1.71% on a QoQ basis from $350.0 million in Q1 2026, and up 47.11% year-over-year from $242.0 million in Q2 2025.

Analysis

Global Business Travel (GBTG) Cost of Revenue (2021 - 2026) Analysis & Trends

Global Business Travel has reported Cost of Revenue for 6 years, with the latest figure at $356.0 million in Q2 2026.

  • On a quarterly basis, Cost of Revenue rose 47.11% year-over-year to $356.0 million in Q2 2026; TTM through Jun 2026 was $1.3 billion, a 39.03% increase from a year earlier, with the FY2025 full-year figure at $1.1 billion, up 12.2% from the prior year.
  • Cost of Revenue was $356.0 million for Q2 2026 at Global Business Travel, up from $350.0 million in the prior quarter.
  • The five-year high for Cost of Revenue was $356.0 million in Q2 2026, with the low at $173.0 million in Q1 2022.
  • Average Cost of Revenue over 5 years is $252.8 million, with a median of $242.0 million recorded in 2022.
  • The sharpest annual moves came in 2022 and 2025: Cost of Revenue jumped 109.47% in 2022, then fell 5.71% in 2025.
  • Over 5 years, Cost of Revenue stood at $242.0 million in 2022, then retreated by 1.65% to $238.0 million in 2023, then changed by 0.0% to $238.0 million in 2024, then soared by 43.7% to $342.0 million in 2025, then advanced by 4.09% to $356.0 million in 2026.
  • The last three Cost of Revenue figures came in at $356.0 million (Q2 2026), $350.0 million (Q1 2026), and $342.0 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Trip.com 26.65 Bn 15.19 Bn 1.86 Bn 483.00 Mn
2 Yatra Online 6.38 Bn 6.42 Bn 12.97 Mn 6.88 Mn
3 Global Business Travel 4.95 Bn 4.48 Bn 514.00 Mn 356.00 Mn
4 Ambitions Enterprise Management Co. L.L.C 36.55 Mn 33.39 Mn - -
5 JX Luxventure 5.82 Mn 5.11 Mn - -
6 Maitong Sunshine Cultural Development 1.92 Mn 1.91 Mn - -
7 Wetour Robotics 560,999.99 377,549.02 - -
8 Tuniu 5.03 -154.31 Mn 11.27 Mn 9.21 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 356.00 Mn
Mar 31, 2026 350.00 Mn
Dec 31, 2025 342.00 Mn
Sep 30, 2025 270.00 Mn
Jun 30, 2025 242.00 Mn
Mar 31, 2025 231.00 Mn
Dec 31, 2024 238.00 Mn
Sep 30, 2024 237.00 Mn
Jun 30, 2024 247.00 Mn
Mar 31, 2024 245.00 Mn
Dec 31, 2023 238.00 Mn
Sep 30, 2023 238.00 Mn
Jun 30, 2023 243.00 Mn
Mar 31, 2023 242.00 Mn
Dec 31, 2022 242.00 Mn
Sep 30, 2022 218.00 Mn
Jun 30, 2022 199.00 Mn
Mar 31, 2022 173.00 Mn
Dec 31, 2021 173.00 Mn
Sep 30, 2021 127.00 Mn