Global Business Travel (GBTG) Other Operating Expenses (2020 - 2026)
Global Business Travel (GBTG) posted Other Operating Expenses of $160 million for Q2 2026, up 33.3% from $120 million a year earlier and up 0.6% from the prior quarter.
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Analysis
Global Business Travel (GBTG) Other Operating Expenses (2020 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Other Operating Expenses at Global Business Travel was $606 million, up 31.2% year-over-year; for FY2025, it came in at $527 million, up 19.2% from FY2024.
- Annual Other Operating Expenses has increased for four consecutive years, with a five-year compound annual growth rate of 13.7% (FY2020 to FY2025).
- In prior years, Global Business Travel's Other Operating Expenses was $442 million in FY2024 (+7.0%), $413 million in FY2023 (+6.4%), $388 million in FY2022 (+47.0%) and $264 million in FY2021 (-4.7%).
- The Q2 2026 figure stands as the highest quarterly Other Operating Expenses since Q4 2020.
- On a year-over-year basis, Other Operating Expenses has increased in each of the last 17 quarters, with growth averaging 19.4% over the last eight quarters.
- The strongest year-over-year quarter for Other Operating Expenses in the past five years was Q2 2022, with growth of 64.4%; the weakest was Q4 2021, with a decline of 69.3%.
- According to Business Quant data, Other Operating Expenses for the three prior quarters was $159 million (Q1 2026), $157 million (Q4 2025) and $130 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Marriott International | 92.75 Bn | 90.79 Bn | 1.55 Bn |
| 2 | Hilton Worldwide Holdings | 71.81 Bn | 68.29 Bn | 3.08 Bn |
| 3 | Royal Caribbean Cruises | 71.17 Bn | 68.75 Bn | 2.29 Bn |
| 4 | Viking Holdings | 35.31 Bn | 20.44 Bn | 996.62 Mn |
| 5 | Carnival | 33.05 Bn | 26.25 Bn | - |
| 6 | Intercontinental Hotels | 26.49 Bn | 22.05 Bn | - |
| 7 | Trip.com | 25.40 Bn | -20.15 Bn | 1.84 Bn |
| 8 | Hyatt Hotels | 14.95 Bn | 12.43 Bn | 388.00 Mn |
| 9 | H World | 13.15 Bn | 4.07 Bn | - |
| 10 | Global Business Travel | 4.96 Bn | 3.19 Bn | 514.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 160.00 Mn |
| Mar 31, 2026 | 159.00 Mn |
| Dec 31, 2025 | 157.00 Mn |
| Sep 30, 2025 | 130.00 Mn |
| Jun 30, 2025 | 120.00 Mn |
| Mar 31, 2025 | 120.00 Mn |
| Dec 31, 2024 | 110.00 Mn |
| Sep 30, 2024 | 112.00 Mn |
| Jun 30, 2024 | 112.00 Mn |
| Mar 31, 2024 | 108.00 Mn |
| Dec 31, 2023 | 106.00 Mn |
| Sep 30, 2023 | 103.00 Mn |
| Jun 30, 2023 | 103.00 Mn |
| Mar 31, 2023 | 101.00 Mn |
| Dec 31, 2022 | 99.00 Mn |
| Sep 30, 2022 | 102.00 Mn |
| Jun 30, 2022 | 97.00 Mn |
| Mar 31, 2022 | 90.00 Mn |
| Dec 31, 2021 | 85.00 Mn |
| Sep 30, 2021 | 63.00 Mn |
API Access
Global Business Travel Other Operating Expenses 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=other-operating-expenses&ticker=GBTG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-operating-expenses", "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=other-operating-expenses&ticker=GBTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();