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| Date | Value |
|---|---|
| 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 |