Global Business Travel (GBTG) Operating Income (2021 - 2026)

Global Business Travel's (GBTG) quarterly Operating Income came in at $3.0 million in Q1 2026, down 94.55% year-on-year from $55.0 million in Q1 2025, and down 89.66% quarter-over-quarter from $29.0 million in Q4 2025.

Global Business Travel (GBTG) Operating Income (2021 - 2026) Analysis & Trends

Global Business Travel's Operating Income history runs 6 years deep, the most recent figure standing at $3.0 million for Q1 2026.

  • On a quarterly basis, Operating Income fell 94.55% year-over-year to $3.0 million in Q1 2026; TTM through Mar 2026 was $78.0 million, a 49.35% decrease from a year earlier, with the FY2025 full-year figure at $130.0 million, up 13.04% from the prior year.
  • Operating Income slipped to $3.0 million in Q1 2026 per GBTG's latest filing, from $29.0 million in the prior quarter.
  • Across five years, Operating Income topped out at $55.0 million in Q1 2025 and bottomed at -$96.0 million in Q1 2022.
  • The 5-year median for Operating Income is $3.0 million (2023), against an average of $2.5 million.
  • Across the five-year window, Operating Income jumped 2000.0% in 2024 and slumped 94.55% in 2026, its largest moves.
  • Year by year, Operating Income stood at -$38.0 million in 2022, then jumped by 107.89% to $3.0 million in 2023, then soared by 900.0% to $30.0 million in 2024, then retreated by 3.33% to $29.0 million in 2025, then tumbled by 89.66% to $3.0 million in 2026.
  • Per Business Quant, the three latest GBTG Operating Income figures stand at $3.0 million (Q1 2026), $29.0 million (Q4 2025), and $12.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Booking Holdings 136.54 Bn 120.51 Bn 3.46 Bn 1.27 Bn
2 Royal Caribbean Cruises 86.11 Bn 85.59 Bn 2.21 Bn 1.16 Bn
3 Airbnb 82.27 Bn 70.26 Bn 2.10 Bn 86.00 Mn
4 Yatra Online 55.46 Bn 55.47 Bn 10.44 Mn -2.28 Mn
5 Viking Holdings 44.18 Bn 40.37 Bn 713.43 Mn 1.07 Bn
6 Carnival 34.61 Bn 32.38 Bn - 851.00 Mn
7 Expedia 31.38 Bn 28.88 Bn 3.05 Bn 251.00 Mn
8 Norwegian Cruise Line Holdings 8.54 Bn 8.35 Bn 953.34 Mn 232.94 Mn
9 MakeMyTrip 5.02 Bn 4.60 Bn 199.14 Mn 40.29 Mn
10 Global Business Travel 4.83 Bn 4.43 Bn 490.00 Mn 3.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 3.00 Mn
Dec 31, 2025 29.00 Mn
Sep 30, 2025 12.00 Mn
Jun 30, 2025 34.00 Mn
Mar 31, 2025 55.00 Mn
Dec 31, 2024 30.00 Mn
Sep 30, 2024 27.00 Mn
Jun 30, 2024 42.00 Mn
Mar 31, 2024 16.00 Mn
Dec 31, 2023 3.00 Mn
Sep 30, 2023 -4.00 Mn
Jun 30, 2023 2.00 Mn
Mar 31, 2023 -9.00 Mn
Dec 31, 2022 -38.00 Mn
Sep 30, 2022 -45.00 Mn
Jun 30, 2022 -19.00 Mn
Mar 31, 2022 -96.00 Mn
Dec 31, 2021 -193.00 Mn
Sep 30, 2021 -124.00 Mn
Jun 30, 2021 -114.00 Mn