Global Business Travel (GBTG) Receivables - Net (2021 - 2026)
Global Business Travel's Receivables - Net came in at $968 million for Q2 2026, up 34.1% from $722 million a year earlier but down 3.9% from the prior quarter.
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Analysis
Global Business Travel (GBTG) Receivables - Net (2021 - 2026) Analysis & Trends
At the end of FY2025, Global Business Travel's Receivables - Net was $869 million, up 52.2% from FY2024.
- Receivables - Net carries a four-year compound annual growth rate of 22.9% (FY2021 to FY2025).
- Going back by year, Receivables - Net was $571 million in FY2024 (-21.3%), $726 million in FY2023 (-5.1%), $765 million in FY2022 (+100.8%) and $381 million in FY2021.
- The five-year range for quarterly Receivables - Net is $381 million (Q4 2021) to $1.01 billion (Q1 2026).
- Year-over-year, Receivables - Net has increased for five consecutive quarters, with growth averaging 13.9% over the last eight quarters.
- The fastest year-over-year change in Receivables - Net over five years came in Q4 2022 (growth of 100.8%), and the weakest in Q2 2024 (a decline of 28.2%).
- Business Quant data shows GBTG's Receivables - Net at $1.01 billion (Q1 2026), $869 million (Q4 2025) and $930 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Marriott International | 94.30 Bn | 92.35 Bn | 1.55 Bn |
| 2 | Hilton Worldwide Holdings | 73.03 Bn | 69.51 Bn | 3.08 Bn |
| 3 | Royal Caribbean Cruises | 69.73 Bn | 67.31 Bn | 2.29 Bn |
| 4 | Viking Holdings | 35.48 Bn | 20.60 Bn | 996.62 Mn |
| 5 | Carnival | 33.80 Bn | 27.01 Bn | - |
| 6 | Intercontinental Hotels | 26.86 Bn | 22.41 Bn | - |
| 7 | Trip.com | 25.10 Bn | -20.45 Bn | 1.84 Bn |
| 8 | Hyatt Hotels | 15.28 Bn | 12.76 Bn | 388.00 Mn |
| 9 | H World | 13.25 Bn | 4.18 Bn | - |
| 10 | Global Business Travel | 4.96 Bn | 3.19 Bn | 514.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 968.00 Mn |
| Mar 31, 2026 | 1.01 Bn |
| Dec 31, 2025 | 869.00 Mn |
| Sep 30, 2025 | 930.00 Mn |
| Jun 30, 2025 | 722.00 Mn |
| Mar 31, 2025 | 717.00 Mn |
| Dec 31, 2024 | 571.00 Mn |
| Sep 30, 2024 | 691.00 Mn |
| Jun 30, 2024 | 712.00 Mn |
| Mar 31, 2024 | 812.00 Mn |
| Dec 31, 2023 | 726.00 Mn |
| Sep 30, 2023 | 851.00 Mn |
| Jun 30, 2023 | 991.00 Mn |
| Mar 31, 2023 | 928.00 Mn |
| Dec 31, 2022 | 765.00 Mn |
| Sep 30, 2022 | 781.00 Mn |
| Jun 30, 2022 | 688.00 Mn |
| Dec 31, 2021 | 381.00 Mn |
API Access
Global Business Travel Receivables - Net API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=receivables-net&ticker=GBTG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "receivables-net", "ticker": "GBTG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=receivables-net&ticker=GBTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();