Global Business Travel (GBTG) Gross Profit (2021 - 2026)
Global Business Travel (GBTG) recorded quarterly Gross Profit of $714.0 million in Q1 2026, down 34.68% quarter-over-quarter from $1.1 billion in Q4 2025, and up 37.84% on a YoY basis from $518.0 million in Q1 2025.
Global Business Travel (GBTG) Gross Profit (2021 - 2026) Analysis & Trends
Global Business Travel's Gross Profit history runs 6 years deep, the most recent figure standing at $714.0 million for Q1 2026.
- In Q1 2026, Gross Profit rose 37.84% year-over-year to $714.0 million; the TTM figure through Mar 2026 stood at $2.7 billion (up 69.73% YoY), while the FY2025 annual figure was $2.3 billion, up 56.32% from the prior year.
- Gross Profit was $714.0 million for Q1 2026 at Global Business Travel, down from $1.1 billion in the prior quarter.
- In the past five years, Gross Profit ranged from a high of $1.1 billion in Q4 2025 to a low of $177.0 million in Q1 2022.
- Historically, Gross Profit has averaged $446.1 million across 5 years, with a median of $401.0 million in 2022.
- The sharpest annual moves came in 2022 and 2024: Gross Profit jumped 474.29% in 2022, then fell 22.86% in 2024.
- A 5-year view of Gross Profit shows it stood at $285.0 million in 2022, then soared by 59.65% to $455.0 million in 2023, then declined by 22.42% to $353.0 million in 2024, then surged by 209.63% to $1.1 billion in 2025, then plunged by 34.68% to $714.0 million in 2026.
- The last three Gross Profit figures came in at $714.0 million (Q1 2026), $1.1 billion (Q4 2025), and $404.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Booking Holdings | 131.01 Bn | 114.99 Bn | 3.46 Bn |
| 2 | Airbnb | 79.86 Bn | 67.85 Bn | 2.10 Bn |
| 3 | Royal Caribbean Cruises | 75.60 Bn | 75.08 Bn | 2.21 Bn |
| 4 | Carnival | 37.80 Bn | 36.39 Bn | - |
| 5 | Expedia | 27.88 Bn | 22.09 Bn | 3.05 Bn |
| 6 | Norwegian Cruise Line Holdings | 8.56 Bn | 8.38 Bn | 953.34 Mn |
| 7 | Global Business Travel | 4.79 Bn | 4.35 Bn | 714.00 Mn |
| 8 | Travel & Leisure | 4.51 Bn | 4.25 Bn | 926.00 Mn |
| 9 | Trip.com | 4.42 Bn | -788.25 Mn | 1.74 Bn |
| 10 | MakeMyTrip | 2.12 Bn | 1.35 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 714.00 Mn |
| Mar 31, 2026 | 714.00 Mn |
| Dec 31, 2025 | 1.09 Bn |
| Dec 31, 2025 | 1.09 Bn |
| Sep 30, 2025 | 404.00 Mn |
| Sep 30, 2025 | 404.00 Mn |
| Jun 30, 2025 | 520.00 Mn |
| Jun 30, 2025 | 520.00 Mn |
| Mar 31, 2025 | 518.00 Mn |
| Mar 31, 2025 | 518.00 Mn |
| Dec 31, 2024 | 353.00 Mn |
| Dec 31, 2024 | 353.00 Mn |
| Sep 30, 2024 | 360.00 Mn |
| Sep 30, 2024 | 360.00 Mn |
| Jun 30, 2024 | 378.00 Mn |
| Jun 30, 2024 | 378.00 Mn |
| Mar 31, 2024 | 365.00 Mn |
| Mar 31, 2024 | 365.00 Mn |
| Dec 31, 2023 | 455.00 Mn |
| Dec 31, 2023 | 455.00 Mn |