Global Business Travel (GBTG) Intangibles (2021 - 2026)

Global Business Travel (GBTG) recorded quarterly Intangibles of $821.0 million in Q1 2026, down 3.53% quarter-over-quarter from $851.0 million in Q4 2025, and up 74.31% on a YoY basis from $471.0 million in Q1 2025.

Global Business Travel (GBTG) Intangibles (2021 - 2026) Analysis & Trends

Global Business Travel's Intangibles history runs 6 years deep, the most recent figure standing at $821.0 million for Q1 2026.

  • In Q1 2026, Intangibles rose 74.31% year-over-year to $821.0 million; the TTM figure through Mar 2026 stood at $821.0 million (up 74.31% YoY), while the FY2025 annual figure was $851.0 million, up 77.29% from the prior year.
  • Intangibles was $821.0 million for Q1 2026 at Global Business Travel, down from $851.0 million in the prior quarter.
  • In the past five years, Intangibles ranged from a high of $1.2 billion in Q2 2023 to a low of $465.0 million in Q2 2025.
  • Historically, Intangibles has averaged $640.8 million across 5 years, with a median of $593.0 million in 2023.
  • The sharpest annual moves came in 2024 and 2025: Intangibles tumbled 56.87% in 2024, then surged 77.29% in 2025.
  • A 5-year view of Intangibles shows it stood at $636.0 million in 2022, then declined by 13.21% to $552.0 million in 2023, then decreased by 13.04% to $480.0 million in 2024, then soared by 77.29% to $851.0 million in 2025, then fell by 3.53% to $821.0 million in 2026.
  • The last three Intangibles figures came in at $821.0 million (Q1 2026), $851.0 million (Q4 2025), and $758.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Intangibles (Qtr)
1 Booking Holdings 131.01 Bn 114.99 Bn 3.46 Bn 882.00 Mn
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 - 1.18 Bn
5 Expedia 27.88 Bn 22.09 Bn 3.05 Bn 887.00 Mn
6 Norwegian Cruise Line Holdings 8.56 Bn 8.38 Bn 953.34 Mn 500.53 Mn
7 Global Business Travel 4.79 Bn 4.35 Bn 714.00 Mn 821.00 Mn
8 Travel & Leisure 4.51 Bn 4.25 Bn 926.00 Mn 200.00 Mn
9 Trip.com 4.42 Bn -788.25 Mn 1.74 Bn 21.29 Mn
10 MakeMyTrip 2.12 Bn 1.35 Bn - 552.25 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 821.00 Mn
Dec 31, 2025 851.00 Mn
Sep 30, 2025 758.00 Mn
Jun 30, 2025 465.00 Mn
Mar 31, 2025 471.00 Mn
Dec 31, 2024 480.00 Mn
Sep 30, 2024 500.00 Mn
Jun 30, 2024 505.00 Mn
Mar 31, 2024 528.00 Mn
Dec 31, 2023 552.00 Mn
Sep 30, 2023 570.00 Mn
Jun 30, 2023 1.17 Bn
Mar 31, 2023 616.00 Mn
Dec 31, 2022 636.00 Mn
Sep 30, 2022 647.00 Mn
Jun 30, 2022 682.00 Mn
Dec 31, 2021 1.19 Bn