Global Business Travel (GBTG) Net Cash Flow (2020 - 2026)
Global Business Travel's Net Cash Flow was $74 million in Q2 2026, up 236.4% from $22 million a year earlier and up 957.1% from the prior quarter.
Powered by 
Analysis
Global Business Travel (GBTG) Net Cash Flow (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Global Business Travel's Net Cash Flow was -$52 million through Jun 30, 2026; for FY2025, it was -$101 million.
- In earlier years, Net Cash Flow was $85 million in FY2024 (-47.9%), $163 million in FY2023, -$197 million in FY2022 and -$61 million in FY2021.
- The Q2 2026 figure marks the highest quarterly Net Cash Flow since Q3 2023.
- Compared with a year earlier, Net Cash Flow was higher in 1 of the last five quarters, with growth averaging 22.3%.
- The best year-over-year quarter for Net Cash Flow over five years was Q2 2026 (growth of 236.4%); the worst was Q2 2023 (a decline of 88.4%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | NCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 92.75 Bn | 90.79 Bn | 1.55 Bn | 4.00 Mn |
| 2 | Hilton Worldwide Holdings | 71.81 Bn | 68.29 Bn | 3.08 Bn | 443.00 Mn |
| 3 | Royal Caribbean Cruises | 71.17 Bn | 68.75 Bn | 2.29 Bn | 363.00 Mn |
| 4 | Viking Holdings | 35.31 Bn | 20.44 Bn | 996.62 Mn | -320.02 Mn |
| 5 | Carnival | 33.05 Bn | 26.25 Bn | - | -1.02 Bn |
| 6 | Intercontinental Hotels | 26.49 Bn | 22.05 Bn | - | - |
| 7 | Trip.com | 25.40 Bn | -20.15 Bn | 1.84 Bn | - |
| 8 | Hyatt Hotels | 14.95 Bn | 12.43 Bn | 388.00 Mn | -55.00 Mn |
| 9 | H World | 13.15 Bn | 4.07 Bn | - | 27.46 Mn |
| 10 | Global Business Travel | 4.96 Bn | 3.19 Bn | 514.00 Mn | 74.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 74.00 Mn |
| Mar 31, 2026 | 7.00 Mn |
| Sep 30, 2025 | -133.00 Mn |
| Jun 30, 2025 | 22.00 Mn |
| Mar 31, 2025 | 10.00 Mn |
| Dec 31, 2024 | 27.00 Mn |
| Sep 30, 2024 | -3.00 Mn |
| Jun 30, 2024 | 47.00 Mn |
| Mar 31, 2024 | 14.00 Mn |
| Dec 31, 2023 | 31.00 Mn |
| Sep 30, 2023 | 104.00 Mn |
| Jun 30, 2023 | 15.00 Mn |
| Mar 31, 2023 | 13.00 Mn |
| Dec 31, 2022 | -27.00 Mn |
| Sep 30, 2022 | -117.00 Mn |
| Jun 30, 2022 | 129.00 Mn |
| Mar 31, 2022 | -182.00 Mn |
| Dec 31, 2021 | 83.00 Mn |
| Sep 30, 2021 | -24.00 Mn |
| Jun 30, 2021 | -49.07 Mn |
API Access
Global Business Travel Net Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-cash-flow&ticker=GBTG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-cash-flow", "ticker": "GBTG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-cash-flow&ticker=GBTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();