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

Global Business Travel's (GBTG) quarterly Receivables came in at $1.1 billion in Q1 2026, up 38.87% year-on-year from $764.0 million in Q1 2025, and up 15.33% quarter-over-quarter from $920.0 million in Q4 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.

  • On a quarterly basis, Receivables rose 38.87% year-over-year to $1.1 billion in Q1 2026; TTM through Mar 2026 was $1.1 billion, a 38.87% increase from a year earlier, with the FY2025 full-year figure at $920.0 million, up 49.11% from the prior year.
  • Receivables advanced to $1.1 billion in Q1 2026 per GBTG's latest filing, from $920.0 million in the prior quarter.
  • Across five years, Receivables topped out at $1.1 billion in Q1 2026 and bottomed at $617.0 million in Q4 2024.
  • The 5-year median for Receivables is $809.5 million (2022), against an average of $839.7 million.
  • Across the five-year window, Receivables jumped 105.38% in 2022 and dropped 23.49% in 2024, its largest moves.
  • Year by year, Receivables 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.
  • Per Business Quant, the three latest GBTG Receivables figures stand at $1.1 billion (Q1 2026), $920.0 million (Q4 2025), and $984.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Receivables (Qtr)
1 Booking Holdings 136.54 Bn 120.51 Bn 3.46 Bn 4.92 Bn
2 Royal Caribbean Cruises 86.11 Bn 85.59 Bn 2.21 Bn 479.00 Mn
3 Airbnb 82.27 Bn 70.26 Bn 2.10 Bn 10.55 Bn
4 Yatra Online 55.46 Bn 55.47 Bn 10.44 Mn 59.18 Mn
5 Viking Holdings 44.18 Bn 40.37 Bn 713.43 Mn 162.39 Mn
6 Carnival 34.61 Bn 32.38 Bn - 633.00 Mn
7 Expedia 31.38 Bn 28.88 Bn 3.05 Bn 5.15 Bn
8 Norwegian Cruise Line Holdings 8.54 Bn 8.35 Bn 953.34 Mn 277.10 Mn
9 MakeMyTrip 5.02 Bn 4.60 Bn 199.14 Mn 163.01 Mn
10 Global Business Travel 4.83 Bn 4.43 Bn 490.00 Mn 1.06 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 967.00 Mn
Dec 31, 2022 801.00 Mn
Sep 30, 2022 818.00 Mn
Jun 30, 2022 721.00 Mn
Dec 31, 2021 390.00 Mn