Global Business Travel (GBTG) Net Margin (2020 - 2026)

Global Business Travel has reported Net Margin for 7 years, with the latest figure at 1.72% in Q2 2026.

• On a quarterly basis, Net Margin fell 34.0% year-over-year to 1.72% in Q2 2026; TTM through Jun 2026 was 2.77%, a 511.0% increase from a year earlier, with the FY2025 full-year figure at 4.01%, up 971.0% from the prior year.
• Net Margin was 1.72% for Q2 2026 at Global Business Travel, down from 6.19% in the prior quarter.
• The five-year high for Net Margin was 12.08% in Q1 2025, with the low at 21.61% in Q3 2024.
• Average Net Margin over 5 years is 1.01%, with a median of 1.22% recorded in 2022.
• The largest YoY upside for Net Margin was 3962 bps in 2022 against a maximum downside of 863 bps in 2022.
• Over 5 years, Net Margin stood at 4.93% in 2022, then tumbled by 74 bps to 8.56% in 2023, then jumped by 68 bps to 2.71% in 2024, then jumped by 487 bps to 10.48% in 2025, then tumbled by 84 bps to 1.72% in 2026.
• The last three Net Margin figures came in at 1.72% (Q2 2026), 6.19% (Q1 2026), and 10.48% (Q4 2025), per Business Quant data.