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| Date | Value |
|---|---|
| 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 |