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

Global Business Travel's (GBTG) quarterly Operating Leases came in at $64.0 million in Q1 2026, up 6.67% year-on-year from $60.0 million in Q1 2025, and up 3.23% quarter-over-quarter from $62.0 million in Q4 2025.

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

Global Business Travel's Operating Leases history runs 6 years deep, the most recent figure standing at $64.0 million for Q1 2026.

  • On a quarterly basis, Operating Leases rose 6.67% year-over-year to $64.0 million in Q1 2026; TTM through Mar 2026 was $64.0 million, a 6.67% increase from a year earlier, with the FY2025 full-year figure at $62.0 million, down 1.59% from the prior year.
  • Operating Leases advanced to $64.0 million in Q1 2026 per GBTG's latest filing, from $62.0 million in the prior quarter.
  • Across five years, Operating Leases topped out at $67.0 million in Q3 2024 and bottomed at $49.0 million in Q2 2022.
  • The 5-year median for Operating Leases is $59.0 million (2023), against an average of $58.8 million.
  • Across the five-year window, Operating Leases advanced 18.37% in 2023 and slipped 10.34% in 2024, its largest moves.
  • Year by year, Operating Leases stood at $61.0 million in 2022, then retreated by 9.84% to $55.0 million in 2023, then gained by 14.55% to $63.0 million in 2024, then dropped by 1.59% to $62.0 million in 2025, then climbed by 3.23% to $64.0 million in 2026.
  • Per Business Quant, the three latest GBTG Operating Leases figures stand at $64.0 million (Q1 2026), $62.0 million (Q4 2025), and $64.0 million (Q3 2025).

Peer Comparison

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

Historic Data

Download Data
DateValue
Mar 31, 2026 64.00 Mn
Dec 31, 2025 62.00 Mn
Sep 30, 2025 64.00 Mn
Jun 30, 2025 58.00 Mn
Mar 31, 2025 60.00 Mn
Dec 31, 2024 63.00 Mn
Sep 30, 2024 67.00 Mn
Jun 30, 2024 52.00 Mn
Mar 31, 2024 56.00 Mn
Dec 31, 2023 55.00 Mn
Sep 30, 2023 57.00 Mn
Jun 30, 2023 58.00 Mn
Mar 31, 2023 62.00 Mn
Dec 31, 2022 61.00 Mn
Sep 30, 2022 53.00 Mn
Jun 30, 2022 49.00 Mn
Dec 31, 2021 61.00 Mn