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

Global Business Travel (GBTG) recorded quarterly Receivables - Net of $1.0 billion in Q1 2026, up 15.88% quarter-over-quarter from $869.0 million in Q4 2025, and up 40.45% on a YoY basis from $717.0 million in Q1 2025.

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

Global Business Travel's Receivables - Net history runs 6 years deep, the most recent figure standing at $1.0 billion for Q1 2026.

  • In Q1 2026, Receivables - Net rose 40.45% year-over-year to $1.0 billion; the TTM figure through Mar 2026 stood at $1.0 billion (up 40.45% YoY), while the FY2025 annual figure was $869.0 million, up 52.19% from the prior year.
  • Receivables - Net was $1.0 billion for Q1 2026 at Global Business Travel, up from $869.0 million in the prior quarter.
  • In the past five years, Receivables - Net ranged from a high of $1.0 billion in Q1 2026 to a low of $571.0 million in Q4 2024.
  • Historically, Receivables - Net has averaged $794.3 million across 5 years, with a median of $773.0 million in 2022.
  • The sharpest annual moves came in 2022 and 2024: Receivables - Net jumped 100.79% in 2022, then fell 25.21% in 2024.
  • A 5-year view of Receivables - Net shows it stood at $765.0 million in 2022, then retreated by 5.1% to $726.0 million in 2023, then declined by 21.35% to $571.0 million in 2024, then surged by 52.19% to $869.0 million in 2025, then rose by 15.88% to $1.0 billion in 2026.
  • The last three Receivables - Net figures came in at $1.0 billion (Q1 2026), $869.0 million (Q4 2025), and $930.0 million (Q3 2025), per Business Quant data.

Peer Comparison

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

Historic Data

Download Data
DateValue
Mar 31, 2026 1.01 Bn
Mar 31, 2026 1.01 Bn
Dec 31, 2025 869.00 Mn
Dec 31, 2025 869.00 Mn
Sep 30, 2025 930.00 Mn
Sep 30, 2025 930.00 Mn
Jun 30, 2025 722.00 Mn
Jun 30, 2025 722.00 Mn
Mar 31, 2025 717.00 Mn
Mar 31, 2025 717.00 Mn
Dec 31, 2024 571.00 Mn
Dec 31, 2024 571.00 Mn
Sep 30, 2024 691.00 Mn
Sep 30, 2024 691.00 Mn
Jun 30, 2024 712.00 Mn
Jun 30, 2024 712.00 Mn
Mar 31, 2024 812.00 Mn
Mar 31, 2024 812.00 Mn
Dec 31, 2023 726.00 Mn
Dec 31, 2023 726.00 Mn