Global Business Travel (GBTG) Payables (2020 - 2026)
Global Business Travel (GBTG) posted quarterly Payables of $603.0 million for Q1 2026, up 85.54% year-over-year from $325.0 million in Q1 2025, and up 17.09% quarter-over-quarter from $515.0 million in Q4 2025.
Global Business Travel (GBTG) Payables (2020 - 2026) Analysis & Trends
Global Business Travel's Payables history runs 7 years deep, the most recent figure standing at $603.0 million for Q1 2026.
- In Q1 2026, Payables rose 85.54% year-over-year to $603.0 million; the TTM figure through Mar 2026 stood at $603.0 million (up 85.54% YoY), while the FY2025 annual figure was $515.0 million, up 95.82% from the prior year.
- Payables for Q1 2026 stood at $603.0 million, up from $515.0 million in the prior quarter.
- The five-year high for Payables was $603.0 million in Q1 2026, with the low at $6.0 million in Q2 2023.
- The 5-year median for Payables is $333.0 million (2024), against an average of $328.5 million.
- The sharpest annual moves came in 2023 and 2024: Payables tumbled 97.81% in 2023, then soared 5450.0% in 2024.
- Global Business Travel's Payables stood at $253.0 million in 2022, then climbed by 19.37% to $302.0 million in 2023, then decreased by 12.91% to $263.0 million in 2024, then surged by 95.82% to $515.0 million in 2025, then rose by 17.09% to $603.0 million in 2026.
- Business Quant data shows GBTG's Payables at $603.0 million in Q1 2026, $515.0 million in Q4 2025, and $556.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 159.34 Bn | 142.12 Bn | 4.98 Bn | 5.15 Bn |
| 2 | Airbnb | 108.60 Bn | 96.53 Bn | 2.98 Bn | 3.04 Bn |
| 3 | Royal Caribbean Cruises | 81.57 Bn | 80.88 Bn | 2.29 Bn | 1.11 Bn |
| 4 | Viking Holdings | 44.18 Bn | 40.38 Bn | 713.43 Mn | 259.01 Mn |
| 5 | Carnival | 38.51 Bn | 36.29 Bn | - | 1.25 Bn |
| 6 | Expedia | 38.08 Bn | 30.96 Bn | 3.91 Bn | 2.47 Bn |
| 7 | Trip.com | 29.19 Bn | 17.73 Bn | 1.86 Bn | 2.89 Bn |
| 8 | Norwegian Cruise Line Holdings | 8.73 Bn | 8.51 Bn | 1.05 Bn | 233.06 Mn |
| 9 | MakeMyTrip | 5.85 Bn | 5.09 Bn | 212.91 Mn | 159.12 Mn |
| 10 | Global Business Travel | 4.94 Bn | 4.47 Bn | 514.00 Mn | 619.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 619.00 Mn |
| Mar 31, 2026 | 603.00 Mn |
| Dec 31, 2025 | 515.00 Mn |
| Sep 30, 2025 | 556.00 Mn |
| Jun 30, 2025 | 353.00 Mn |
| Mar 31, 2025 | 325.00 Mn |
| Dec 31, 2024 | 263.00 Mn |
| Sep 30, 2024 | 330.00 Mn |
| Jun 30, 2024 | 333.00 Mn |
| Mar 31, 2024 | 386.00 Mn |
| Dec 31, 2023 | 302.00 Mn |
| Sep 30, 2023 | 385.00 Mn |
| Jun 30, 2023 | 6.00 Mn |
| Mar 31, 2023 | 350.00 Mn |
| Dec 31, 2022 | 253.00 Mn |
| Sep 30, 2022 | 339.00 Mn |
| Jun 30, 2022 | 274.00 Mn |
| Mar 31, 2022 | 11.39 Mn |
| Dec 31, 2021 | 142.80 Mn |
| Sep 30, 2021 | 6.56 Mn |