Global Business Travel (GBTG) Gross Margin (2021 - 2026)

Global Business Travel has reported Gross Margin for 6 years, with the latest figure at 59.08% in Q2 2026.

• On a quarterly basis, Gross Margin fell 257.0% year-over-year to 59.08% in Q2 2026; TTM through Jun 2026 was 58.5%, a 265.0% decrease from a year earlier, with the FY2025 full-year figure at 60.08%, down 1.0% from the prior year.
• Gross Margin was 59.08% for Q2 2026 at Global Business Travel, up from 58.33% in the prior quarter.
• The five-year high for Gross Margin was 62.8% in Q1 2025, with the low at 50.57% in Q1 2022.
• Average Gross Margin over 5 years is 58.34%, with a median of 59.0% recorded in 2022.
• The sharpest annual moves came in 2022 and 2026: Gross Margin soared 2115 bps in 2022, then plunged 447 bps in 2026.
• Over 5 years, Gross Margin stood at 54.08% in 2022, then climbed by 5 bps to 56.65% in 2023, then increased by 5 bps to 59.73% in 2024, then dropped by 5 bps to 56.82% in 2025, then climbed by 4 bps to 59.08% in 2026.
• The last three Gross Margin figures came in at 59.08% (Q2 2026), 58.33% (Q1 2026), and 56.82% (Q4 2025), per Business Quant data.