Global Business Travel (GBTG) Other Working Capital Changes (2021 - 2026)
Global Business Travel (GBTG) posted quarterly Other Working Capital Changes of $47.0 million for Q1 2026, up 487.5% year-over-year from $8.0 million in Q1 2025, and up 234.29% quarter-over-quarter from -$35.0 million in Q4 2025.
Global Business Travel (GBTG) Other Working Capital Changes (2021 - 2026) Analysis & Trends
Global Business Travel's Other Working Capital Changes history runs 6 years deep, the most recent figure standing at $47.0 million for Q1 2026.
- In Q1 2026, Other Working Capital Changes rose 487.5% year-over-year to $47.0 million; the TTM figure through Mar 2026 stood at $19.0 million (up 371.43% YoY), while the FY2025 annual figure was -$20.0 million, down 171.43% from the prior year.
- Other Working Capital Changes for Q1 2026 stood at $47.0 million, up from -$35.0 million in the prior quarter.
- The five-year high for Other Working Capital Changes was $47.0 million in Q3 2022, with the low at -$40.0 million in Q3 2024.
- The 5-year median for Other Working Capital Changes is $3.0 million (2022), against an average of $4.4 million.
- The sharpest annual moves came in 2023 and 2025: Other Working Capital Changes surged 1466.67% in 2023, then sank 1850.0% in 2025.
- Global Business Travel's Other Working Capital Changes stood at -$26.0 million in 2022, then tumbled by 34.62% to -$35.0 million in 2023, then surged by 105.71% to $2.0 million in 2024, then tumbled by 1850.0% to -$35.0 million in 2025, then jumped by 234.29% to $47.0 million in 2026.
- Business Quant data shows GBTG's Other Working Capital Changes at $47.0 million in Q1 2026, -$35.0 million in Q4 2025, and $12.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Booking Holdings | 158.46 Bn | 141.25 Bn | 4.98 Bn |
| 2 | Airbnb | 106.78 Bn | 94.71 Bn | 2.98 Bn |
| 3 | Royal Caribbean Cruises | 80.66 Bn | 79.74 Bn | 2.29 Bn |
| 4 | Viking Holdings | 44.63 Bn | 40.83 Bn | 713.43 Mn |
| 5 | Expedia | 38.98 Bn | 31.85 Bn | 3.91 Bn |
| 6 | Carnival | 38.25 Bn | 36.01 Bn | - |
| 7 | Trip.com | 29.13 Bn | 17.43 Bn | 1.86 Bn |
| 8 | Norwegian Cruise Line Holdings | 8.43 Bn | 8.21 Bn | 1.05 Bn |
| 9 | MakeMyTrip | 5.84 Bn | 5.06 Bn | 212.91 Mn |
| 10 | Global Business Travel | 4.86 Bn | 4.34 Bn | 514.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -19.00 Mn |
| Jun 30, 2026 | -19.00 Mn |
| Jun 30, 2026 | -19.00 Mn |
| Mar 31, 2026 | 47.00 Mn |
| Mar 31, 2026 | 47.00 Mn |
| Mar 31, 2026 | 47.00 Mn |
| Dec 31, 2025 | -35.00 Mn |
| Dec 31, 2025 | -35.00 Mn |
| Dec 31, 2025 | -35.00 Mn |
| Sep 30, 2025 | 12.00 Mn |
| Sep 30, 2025 | 12.00 Mn |
| Sep 30, 2025 | 12.00 Mn |
| Jun 30, 2025 | -5.00 Mn |
| Jun 30, 2025 | -5.00 Mn |
| Jun 30, 2025 | -5.00 Mn |
| Mar 31, 2025 | 8.00 Mn |
| Mar 31, 2025 | 8.00 Mn |
| Mar 31, 2025 | 8.00 Mn |
| Dec 31, 2024 | 2.00 Mn |
| Dec 31, 2024 | 2.00 Mn |