Global Business Travel (GBTG) EBT (2021 - 2026)
Global Business Travel's (GBTG) quarterly EBT came in at $11.0 million in Q1 2026, down 88.54% year-on-year from $96.0 million in Q1 2025, and down 80.7% quarter-over-quarter from $57.0 million in Q4 2025.
Global Business Travel (GBTG) EBT (2021 - 2026) Analysis & Trends
Global Business Travel's EBT history runs 6 years deep, the most recent figure standing at $11.0 million for Q1 2026.
- On a quarterly basis, EBT fell 88.54% year-over-year to $11.0 million in Q1 2026; TTM through Mar 2026 was $62.0 million, a 264.71% increase from a year earlier, with the FY2025 full-year figure at $147.0 million, up 307.04% from the prior year.
- EBT declined to $11.0 million in Q1 2026 per GBTG's latest filing, from $57.0 million in the prior quarter.
- Across five years, EBT topped out at $96.0 million in Q1 2025 and bottomed at -$115.0 million in Q1 2022.
- The 5-year median for EBT is -$10.0 million (2023), against an average of -$20.3 million.
- Across the five-year window, EBT tumbled 1040.0% in 2023 and surged 3300.0% in 2025, its largest moves.
- Year by year, EBT stood at -$85.0 million in 2022, then surged by 49.41% to -$43.0 million in 2023, then jumped by 86.05% to -$6.0 million in 2024, then soared by 1050.0% to $57.0 million in 2025, then sank by 80.7% to $11.0 million in 2026.
- Per Business Quant, the three latest GBTG EBT figures stand at $11.0 million (Q1 2026), $57.0 million (Q4 2025), and -$40.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 136.54 Bn | 120.51 Bn | 3.46 Bn | 1.40 Bn |
| 2 | Royal Caribbean Cruises | 86.11 Bn | 85.59 Bn | 2.21 Bn | 976.00 Mn |
| 3 | Airbnb | 82.27 Bn | 70.26 Bn | 2.10 Bn | 281.00 Mn |
| 4 | Yatra Online | 55.46 Bn | 55.47 Bn | 10.44 Mn | -1.82 Mn |
| 5 | Viking Holdings | 44.18 Bn | 40.37 Bn | 713.43 Mn | 305.29 Mn |
| 6 | Carnival | 34.61 Bn | 32.38 Bn | - | 555.00 Mn |
| 7 | Expedia | 31.38 Bn | 28.88 Bn | 3.05 Bn | 25.00 Mn |
| 8 | Norwegian Cruise Line Holdings | 8.54 Bn | 8.35 Bn | 953.34 Mn | 107.66 Mn |
| 9 | MakeMyTrip | 5.02 Bn | 4.60 Bn | 199.14 Mn | 30.28 Mn |
| 10 | Global Business Travel | 4.83 Bn | 4.43 Bn | 490.00 Mn | 11.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 11.00 Mn |
| Dec 31, 2025 | 57.00 Mn |
| Sep 30, 2025 | -40.00 Mn |
| Jun 30, 2025 | 34.00 Mn |
| Mar 31, 2025 | 96.00 Mn |
| Dec 31, 2024 | -6.00 Mn |
| Sep 30, 2024 | -74.00 Mn |
| Jun 30, 2024 | 1.00 Mn |
| Mar 31, 2024 | 8.00 Mn |
| Dec 31, 2023 | -43.00 Mn |
| Sep 30, 2023 | -10.00 Mn |
| Jun 30, 2023 | -57.00 Mn |
| Mar 31, 2023 | -35.00 Mn |
| Dec 31, 2022 | -85.00 Mn |
| Sep 30, 2022 | -82.00 Mn |
| Jun 30, 2022 | -5.00 Mn |
| Mar 31, 2022 | -115.00 Mn |
| Dec 31, 2021 | -254.00 Mn |
| Sep 30, 2021 | -137.00 Mn |
| Jun 30, 2021 | -127.00 Mn |