Global Business Travel (GBTG) Deferred Taxes (2021 - 2026)
Global Business Travel (GBTG) posted quarterly Deferred Taxes of -$28.0 million for Q1 2026, down 1033.33% year-over-year from $3.0 million in Q1 2025, and up 15.15% quarter-over-quarter from -$33.0 million in Q4 2025.
Global Business Travel (GBTG) Deferred Taxes (2021 - 2026) Analysis & Trends
Global Business Travel's Deferred Taxes history runs 6 years deep, the most recent figure standing at -$28.0 million for Q1 2026.
- In Q1 2026, Deferred Taxes fell 1033.33% year-over-year to -$28.0 million; the TTM figure through Mar 2026 stood at -$46.0 million (down 330.0% YoY), while the FY2025 annual figure was -$15.0 million, down 144.12% from the prior year.
- Deferred Taxes for Q1 2026 stood at -$28.0 million, up from -$33.0 million in the prior quarter.
- The five-year high for Deferred Taxes was $17.0 million in Q1 2024, with the low at -$33.0 million in Q4 2025.
- The 5-year median for Deferred Taxes is -$5.0 million (2022), against an average of -$6.1 million.
- The sharpest annual moves came in 2024 and 2026: Deferred Taxes jumped 666.67% in 2024, then sank 1033.33% in 2026.
- Global Business Travel's Deferred Taxes stood at -$24.0 million in 2022, then surged by 41.67% to -$14.0 million in 2023, then surged by 135.71% to $5.0 million in 2024, then tumbled by 760.0% to -$33.0 million in 2025, then gained by 15.15% to -$28.0 million in 2026.
- Business Quant data shows GBTG's Deferred Taxes at -$28.0 million in Q1 2026, -$33.0 million in Q4 2025, and $8.0 million in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 158.46 Bn | 141.25 Bn | 4.98 Bn | 18.00 Mn |
| 2 | Airbnb | 106.78 Bn | 94.71 Bn | 2.98 Bn | 25.00 Mn |
| 3 | Royal Caribbean Cruises | 80.66 Bn | 79.74 Bn | 2.29 Bn | -1.00 Mn |
| 4 | Viking Holdings | 44.63 Bn | 40.83 Bn | 713.43 Mn | 3.93 Mn |
| 5 | Expedia | 38.98 Bn | 31.85 Bn | 3.91 Bn | 82.00 Mn |
| 6 | Carnival | 38.25 Bn | 36.01 Bn | - | - |
| 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 | - |
| 9 | MakeMyTrip | 5.84 Bn | 5.06 Bn | 212.91 Mn | - |
| 10 | Global Business Travel | 4.86 Bn | 4.34 Bn | 514.00 Mn | 2.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.00 Mn |
| Mar 31, 2026 | -28.00 Mn |
| Dec 31, 2025 | -33.00 Mn |
| Sep 30, 2025 | 8.00 Mn |
| Jun 30, 2025 | 7.00 Mn |
| Mar 31, 2025 | 3.00 Mn |
| Dec 31, 2024 | 5.00 Mn |
| Sep 30, 2024 | 17.00 Mn |
| Jun 30, 2024 | -5.00 Mn |
| Mar 31, 2024 | 17.00 Mn |
| Dec 31, 2023 | -14.00 Mn |
| Sep 30, 2023 | -3.00 Mn |
| Jun 30, 2023 | -4.00 Mn |
| Mar 31, 2023 | -9.00 Mn |
| Dec 31, 2022 | -24.00 Mn |
| Sep 30, 2022 | -10.00 Mn |
| Jun 30, 2022 | -5.00 Mn |
| Mar 31, 2022 | -26.00 Mn |
| Dec 31, 2021 | -52.00 Mn |
| Sep 30, 2021 | -29.00 Mn |