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

Global Business Travel's (GBTG) quarterly Intangibles came in at $821.0 million in Q1 2026, up 74.31% year-on-year from $471.0 million in Q1 2025, and down 3.53% quarter-over-quarter from $851.0 million in Q4 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.

  • On a quarterly basis, Intangibles rose 74.31% year-over-year to $821.0 million in Q1 2026; TTM through Mar 2026 was $821.0 million, a 74.31% increase from a year earlier, with the FY2025 full-year figure at $851.0 million, up 77.29% from the prior year.
  • Intangibles slipped to $821.0 million in Q1 2026 per GBTG's latest filing, from $851.0 million in the prior quarter.
  • Across five years, Intangibles topped out at $1.2 billion in Q2 2022 and bottomed at $465.0 million in Q2 2025.
  • The 5-year median for Intangibles is $593.0 million (2023), against an average of $672.4 million.
  • Across the five-year window, Intangibles tumbled 56.87% in 2024 and jumped 77.29% in 2025, its largest moves.
  • Year by year, Intangibles 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.
  • Per Business Quant, the three latest GBTG Intangibles figures stand at $821.0 million (Q1 2026), $851.0 million (Q4 2025), and $758.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Intangibles (Qtr)
1 Booking Holdings 136.54 Bn 120.51 Bn 3.46 Bn 882.00 Mn
2 Royal Caribbean Cruises 86.11 Bn 85.59 Bn 2.21 Bn -
3 Airbnb 82.27 Bn 70.26 Bn 2.10 Bn -
4 Yatra Online 55.46 Bn 55.47 Bn 10.44 Mn 27.17 Mn
5 Viking Holdings 44.18 Bn 40.37 Bn 713.43 Mn 4.50 Mn
6 Carnival 34.61 Bn 32.38 Bn - 1.18 Bn
7 Expedia 31.38 Bn 28.88 Bn 3.05 Bn 887.00 Mn
8 Norwegian Cruise Line Holdings 8.54 Bn 8.35 Bn 953.34 Mn 500.53 Mn
9 MakeMyTrip 5.02 Bn 4.60 Bn 199.14 Mn 552.25 Mn
10 Global Business Travel 4.83 Bn 4.43 Bn 490.00 Mn 821.00 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 1.19 Bn
Dec 31, 2021 746.00 Mn