Global Business Travel (GBTG) Receivables (2021 - 2026)

Global Business Travel (GBTG) recorded quarterly Receivables of $1.1 billion in Q1 2026, up 15.33% quarter-over-quarter from $920.0 million in Q4 2025, and up 38.87% on a YoY basis from $764.0 million in Q1 2025.

Global Business Travel (GBTG) Receivables (2021 - 2026) Analysis & Trends

Global Business Travel's Receivables history runs 6 years deep, the most recent figure standing at $1.1 billion for Q1 2026.

  • In Q1 2026, Receivables rose 38.87% year-over-year to $1.1 billion; the TTM figure through Mar 2026 stood at $1.1 billion (up 38.87% YoY), while the FY2025 annual figure was $920.0 million, up 49.11% from the prior year.
  • Receivables was $1.1 billion for Q1 2026 at Global Business Travel, up from $920.0 million in the prior quarter.
  • In the past five years, Receivables ranged from a high of $1.1 billion in Q1 2026 to a low of $617.0 million in Q4 2024.
  • Historically, Receivables has averaged $837.4 million across 5 years, with a median of $815.0 million in 2022.
  • The sharpest annual moves came in 2022 and 2024: Receivables jumped 102.27% in 2022, then decreased 23.49% in 2024.
  • A 5-year view of Receivables shows it stood at $801.0 million in 2022, then fell by 4.12% to $768.0 million in 2023, then decreased by 19.66% to $617.0 million in 2024, then jumped by 49.11% to $920.0 million in 2025, then grew by 15.33% to $1.1 billion in 2026.
  • The last three Receivables figures came in at $1.1 billion (Q1 2026), $920.0 million (Q4 2025), and $984.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Receivables (Qtr)
1 Booking Holdings 131.01 Bn 114.99 Bn 3.46 Bn 4.92 Bn
2 Airbnb 79.86 Bn 67.85 Bn 2.10 Bn 191.00 Mn
3 Royal Caribbean Cruises 75.60 Bn 75.08 Bn 2.21 Bn 681.00 Mn
4 Carnival 37.80 Bn 36.39 Bn - 1.06 Bn
5 Expedia 27.88 Bn 22.09 Bn 3.05 Bn 5.15 Bn
6 Norwegian Cruise Line Holdings 8.56 Bn 8.38 Bn 953.34 Mn 277.10 Mn
7 Global Business Travel 4.79 Bn 4.35 Bn 714.00 Mn 1.06 Bn
8 Travel & Leisure 4.51 Bn 4.25 Bn 926.00 Mn 159.00 Mn
9 Trip.com 4.42 Bn -788.25 Mn 1.74 Bn 2.62 Bn
10 MakeMyTrip 2.12 Bn 1.35 Bn - -

Historic Data

Download Data
DateValue
Mar 31, 2026 1.06 Bn
Dec 31, 2025 920.00 Mn
Sep 30, 2025 984.00 Mn
Jun 30, 2025 781.00 Mn
Mar 31, 2025 764.00 Mn
Dec 31, 2024 617.00 Mn
Sep 30, 2024 735.00 Mn
Jun 30, 2024 762.00 Mn
Mar 31, 2024 849.00 Mn
Dec 31, 2023 768.00 Mn
Sep 30, 2023 891.00 Mn
Jun 30, 2023 996.00 Mn
Mar 31, 2023 919.00 Mn
Dec 31, 2022 801.00 Mn
Sep 30, 2022 829.00 Mn
Jun 30, 2022 721.00 Mn
Dec 31, 2021 396.00 Mn