Global Business Travel (GBTG) Payables (2020 - 2026)

Global Business Travel's (GBTG) quarterly Payables came in at $603.0 million in Q1 2026, up 85.54% year-on-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.

  • On a quarterly basis, Payables rose 85.54% year-over-year to $603.0 million in Q1 2026; TTM through Mar 2026 was $603.0 million, a 85.54% increase from a year earlier, with the FY2025 full-year figure at $515.0 million, up 95.82% from the prior year.
  • Payables grew to $603.0 million in Q1 2026 per GBTG's latest filing, from $515.0 million in the prior quarter.
  • Across five years, Payables topped out at $603.0 million in Q1 2026 and bottomed 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.
  • Across the five-year window, Payables plunged 97.81% in 2023 and soared 5450.0% in 2024, its largest moves.
  • Year by year, Payables stood at $253.0 million in 2022, then grew by 19.37% to $302.0 million in 2023, then slipped by 12.91% to $263.0 million in 2024, then soared by 95.82% to $515.0 million in 2025, then gained by 17.09% to $603.0 million in 2026.
  • Per Business Quant, the three latest GBTG Payables figures stand at $603.0 million (Q1 2026), $515.0 million (Q4 2025), and $556.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Payables (Qtr)
1 Booking Holdings 136.54 Bn 120.51 Bn 3.46 Bn 4.13 Bn
2 Royal Caribbean Cruises 86.11 Bn 85.59 Bn 2.21 Bn 1.02 Bn
3 Airbnb 82.27 Bn 70.26 Bn 2.10 Bn 3.08 Bn
4 Yatra Online 55.46 Bn 55.47 Bn 10.44 Mn 30.06 Mn
5 Viking Holdings 44.18 Bn 40.37 Bn 713.43 Mn 259.01 Mn
6 Carnival 34.61 Bn 32.38 Bn - 1.25 Bn
7 Expedia 31.38 Bn 28.88 Bn 3.05 Bn 2.14 Bn
8 Norwegian Cruise Line Holdings 8.54 Bn 8.35 Bn 953.34 Mn 184.67 Mn
9 MakeMyTrip 5.02 Bn 4.60 Bn 199.14 Mn 1.54 Bn
10 Global Business Travel 4.83 Bn 4.43 Bn 490.00 Mn 603.00 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 5.44 Mn