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Global Business Travel (GBTG) Operating Expenses (2020 - 2025)

Global Business Travel (GBTG) has 6 years of Operating Expenses data on record, last reported at $763.0 million in Q4 2025.

  • For Q4 2025, Operating Expenses rose 36.01% year-over-year to $763.0 million; the TTM value through Dec 2025 reached $2.6 billion, up 12.13%, while the annual FY2025 figure was $2.6 billion, 12.13% up from the prior year.
  • Operating Expenses reached $763.0 million in Q4 2025 per GBTG's latest filing, up from $662.0 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $763.0 million in Q4 2025 and bottomed at $1.3 million in Q2 2021.
  • Average Operating Expenses over 5 years is $502.5 million, with a median of $565.5 million recorded in 2022.
  • The widest YoY moves for Operating Expenses: up 3209900.0% in 2021, down 68.83% in 2021.
  • A 5-year view of Operating Expenses shows it stood at $480.0 million in 2021, then grew by 17.71% to $565.0 million in 2022, then decreased by 3.36% to $546.0 million in 2023, then grew by 2.75% to $561.0 million in 2024, then skyrocketed by 36.01% to $763.0 million in 2025.
  • Per Business Quant database, its latest 3 readings for Operating Expenses were $763.0 million in Q4 2025, $662.0 million in Q3 2025, and $597.0 million in Q2 2025.