Global Business Travel (GBTG) Operating Income (2021 - 2026)
Global Business Travel (GBTG) reported Operating Income of $24 million for Q2 2026, down 29.4% from $34 million a year earlier but up 700.0% from the prior quarter.
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Analysis
Global Business Travel (GBTG) Operating Income (2021 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Global Business Travel's Operating Income came in at $68 million, down 53.4% year-over-year; for FY2025, it came in at $130 million, up 13.0% from FY2024.
- By year, Operating Income came in at $115 million in FY2024, -$8 million in FY2023, -$198 million in FY2022 and -$560 million in FY2021.
- Five-year quarterly Operating Income spans a low of -$193 million in Q4 2021 and a high of $55 million in Q1 2025.
- Year over year, Operating Income has now declined in each of the last five quarters, with growth averaging 134.6% over the last seven quarters.
- Per Business Quant data, the three quarters before Q2 2026 came in at $3 million (Q1 2026), $29 million (Q4 2025) and $12 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 93.60 Bn | 91.65 Bn | 1.55 Bn | 1.23 Bn |
| 2 | Royal Caribbean Cruises | 74.32 Bn | 71.90 Bn | 2.29 Bn | 1.31 Bn |
| 3 | Hilton Worldwide Holdings | 72.10 Bn | 68.58 Bn | 3.08 Bn | 858.00 Mn |
| 4 | Viking Holdings | 36.31 Bn | 21.43 Bn | 996.62 Mn | 643.90 Mn |
| 5 | Carnival | 34.66 Bn | 27.87 Bn | - | 2.22 Bn |
| 6 | Intercontinental Hotels | 26.64 Bn | 22.19 Bn | - | - |
| 7 | Trip.com | 24.74 Bn | -20.81 Bn | 1.84 Bn | -216.00 Mn |
| 8 | Hyatt Hotels | 14.98 Bn | 12.46 Bn | 388.00 Mn | -1.31 Bn |
| 9 | H World | 12.83 Bn | 3.76 Bn | - | 326.00 Mn |
| 10 | Global Business Travel | 4.96 Bn | 3.19 Bn | 514.00 Mn | 24.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.00 Mn |
| 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 |
API Access
Global Business Travel Operating Income 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=operating-income&ticker=GBTG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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=operating-income&ticker=GBTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();