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

Global Business Travel's (GBTG) quarterly Receivables - Net came in at $1.0 billion in Q1 2026, up 40.45% year-on-year from $717.0 million in Q1 2025, and up 15.88% quarter-over-quarter from $869.0 million in Q4 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.

  • On a quarterly basis, Receivables - Net rose 40.45% year-over-year to $1.0 billion in Q1 2026; TTM through Mar 2026 was $1.0 billion, a 40.45% increase from a year earlier, with the FY2025 full-year figure at $869.0 million, up 52.19% from the prior year.
  • Receivables - Net improved to $1.0 billion in Q1 2026 per GBTG's latest filing, from $869.0 million in the prior quarter.
  • Across five years, Receivables - Net topped out at $1.0 billion in Q1 2026 and bottomed at $571.0 million in Q4 2024.
  • The 5-year median for Receivables - Net is $773.0 million (2022), against an average of $795.1 million.
  • Across the five-year window, Receivables - Net surged 104.0% in 2022 and decreased 25.21% in 2024, its largest moves.
  • Year by year, Receivables - Net 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.
  • Per Business Quant, the three latest GBTG Receivables - Net figures stand at $1.0 billion (Q1 2026), $869.0 million (Q4 2025), and $930.0 million (Q3 2025).

Peer Comparison

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

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