Global Business Travel (GBTG) Minority Interest (2021 - 2026)

Global Business Travel (GBTG) recorded quarterly Minority Interest of $5.0 million in Q1 2026, down 89.8% quarter-over-quarter from $49.0 million in Q4 2025, and down 16.67% on a YoY basis from $6.0 million in Q1 2025.

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

Global Business Travel's Minority Interest history runs 6 years deep, the most recent figure standing at $5.0 million for Q1 2026.

  • In Q1 2026, Minority Interest fell 16.67% year-over-year to $5.0 million; the TTM figure through Mar 2026 stood at $5.0 million (down 16.67% YoY), while the FY2025 annual figure was $49.0 million, changed N/A from the prior year.
  • Minority Interest was $5.0 million for Q1 2026 at Global Business Travel, down from $49.0 million in the prior quarter.
  • In the past five years, Minority Interest ranged from a high of $1.2 billion in Q4 2022 to a low of $3.0 million in Q3 2023.
  • Historically, Minority Interest has averaged $324.5 million across 5 years, with a median of $6.0 million in 2025.
  • The sharpest annual moves came in 2023 and 2024: Minority Interest surged 937.5% in 2023, then sank 99.75% in 2024.
  • A 5-year view of Minority Interest shows it stood at $1.2 billion in 2022, then plunged by 99.67% to $4.0 million in 2023, then grew by 25.0% to $5.0 million in 2024, then surged by 880.0% to $49.0 million in 2025, then slumped by 89.8% to $5.0 million in 2026.
  • The last three Minority Interest figures came in at $5.0 million (Q1 2026), $49.0 million (Q4 2025), and $5.0 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
DateValue
Mar 31, 2026 5.00 Mn
Dec 31, 2025 49.00 Mn
Sep 30, 2025 5.00 Mn
Jun 30, 2025 7.00 Mn
Mar 31, 2025 6.00 Mn
Sep 30, 2024 5.00 Mn
Jun 30, 2024 4.00 Mn
Mar 31, 2024 3.00 Mn
Dec 31, 2023 4.00 Mn
Sep 30, 2023 3.00 Mn
Jun 30, 2023 1.16 Bn
Mar 31, 2023 1.19 Bn
Dec 31, 2022 1.22 Bn
Sep 30, 2022 1.09 Bn
Jun 30, 2022 112.00 Mn
Dec 31, 2021 160.00 Mn