Global Business Travel (GBTG) EBITDA (2021 - 2026)
Global Business Travel (GBTG) reported EBITDA of $80 million for Q2 2026, up 3.9% from $77 million a year earlier and up 27.0% from the prior quarter.
Powered by 
Analysis
Global Business Travel (GBTG) EBITDA (2021 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Global Business Travel's EBITDA came in at $293 million, down 6.1% year-over-year; for FY2025, it was $322 million, up 9.9% from FY2024.
- By year, EBITDA came in at $293 million in FY2024 (+57.5%), $186 million in FY2023, -$16 million in FY2022 and -$406 million in FY2021.
- Five-year quarterly EBITDA spans a low of -$143 million in Q4 2021 and a high of $95 million in Q1 2025.
- Year over year, EBITDA gained in five of the last eight quarters, with growth averaging 13.5%.
- The high point for year-over-year EBITDA in five years was Q4 2023 (growth of 420.0%); the low point was Q1 2026 (a decline of 33.7%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $63 million (Q1 2026), $89 million (Q4 2025) and $61 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 94.30 Bn | 92.35 Bn | 1.55 Bn | 1.45 Bn |
| 2 | Hilton Worldwide Holdings | 73.03 Bn | 69.51 Bn | 3.08 Bn | 924.00 Mn |
| 3 | Royal Caribbean Cruises | 69.73 Bn | 67.31 Bn | 2.29 Bn | 1.77 Bn |
| 4 | Viking Holdings | 35.48 Bn | 20.60 Bn | 996.62 Mn | 727.95 Mn |
| 5 | Carnival | 33.80 Bn | 27.01 Bn | - | 2.97 Bn |
| 6 | Intercontinental Hotels | 26.86 Bn | 22.41 Bn | - | - |
| 7 | Trip.com | 25.10 Bn | -20.45 Bn | 1.84 Bn | - |
| 8 | Hyatt Hotels | 15.28 Bn | 12.76 Bn | 388.00 Mn | -1.24 Bn |
| 9 | H World | 13.25 Bn | 4.18 Bn | - | 372.44 Mn |
| 10 | Global Business Travel | 4.96 Bn | 3.19 Bn | 514.00 Mn | 80.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 80.00 Mn |
| Mar 31, 2026 | 63.00 Mn |
| Dec 31, 2025 | 89.00 Mn |
| Sep 30, 2025 | 61.00 Mn |
| Jun 30, 2025 | 77.00 Mn |
| Mar 31, 2025 | 95.00 Mn |
| Dec 31, 2024 | 70.00 Mn |
| Sep 30, 2024 | 70.00 Mn |
| Jun 30, 2024 | 90.00 Mn |
| Mar 31, 2024 | 63.00 Mn |
| Dec 31, 2023 | 52.00 Mn |
| Sep 30, 2023 | 46.00 Mn |
| Jun 30, 2023 | 51.00 Mn |
| Mar 31, 2023 | 37.00 Mn |
| Dec 31, 2022 | 10.00 Mn |
| Jun 30, 2022 | 26.00 Mn |
| Mar 31, 2022 | -52.00 Mn |
| Dec 31, 2021 | -143.00 Mn |
| Sep 30, 2021 | -90.00 Mn |
| Jun 30, 2021 | -78.00 Mn |
API Access
Global Business Travel EBITDA 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=ebitda&ticker=GBTG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "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=ebitda&ticker=GBTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();