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| 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 |