Global Business Travel (GBTG) Gross Margin (2021 - 2025)
Global Business Travel (GBTG) has 5 years of Gross Margin data on record, last reported at 40.28% in Q4 2025.
- For Q4 2025, Gross Margin rose 5364.0% year-over-year to 40.28%; the TTM value through Dec 2025 reached 60.08%, down 1.0%, while the annual FY2025 figure was 60.08%, 1.0% down from the prior year.
- Gross Margin reached 40.28% in Q4 2025 per GBTG's latest filing, down from 59.94% in the prior quarter.
- Across five years, Gross Margin topped out at 147.82% in Q4 2022 and bottomed at 20.4% in Q4 2023.
- Average Gross Margin over 5 years is 62.93%, with a median of 59.44% recorded in 2022.
- Peak YoY movement for Gross Margin: tumbled -16822bps in 2023, then surged 5364bps in 2025.
- A 5-year view of Gross Margin shows it stood at 118.2% in 2021, then increased by 25bps to 147.82% in 2022, then plummeted by -114bps to 20.4% in 2023, then surged by 34bps to 13.37% in 2024, then surged by 401bps to 40.28% in 2025.
- Per Business Quant database, its latest 3 readings for Gross Margin were 40.28% in Q4 2025, 59.94% in Q3 2025, and 82.41% in Q2 2025.