Global Business Travel GBTG
NYSE GBTG
$9.48 -0.01 (-0.11%)
At close: Sep 4, 2026 · 4:00 PM EDT

Global Business Travel (GBTG) Research & Development (2021 - 2026)

Global Business Travel (GBTG) posted Research & Development of $160.0 million for Q2 2026, up 0.63% on a QoQ basis from $159.0 million in Q1 2026, and up 33.33% year-over-year from $120.0 million in Q2 2025.

Analysis

Global Business Travel (GBTG) Research & Development (2021 - 2026) Analysis & Trends

Global Business Travel has reported Research & Development for 6 years, with the latest figure at $160.0 million in Q2 2026.

  • On a quarterly basis, Research & Development rose 33.33% year-over-year to $160.0 million in Q2 2026; TTM through Jun 2026 was $606.0 million, a 31.17% increase from a year earlier, with the FY2025 full-year figure at $527.0 million, up 19.23% from the prior year.
  • Research & Development was $160.0 million for Q2 2026 at Global Business Travel, up from $159.0 million in the prior quarter.
  • The five-year high for Research & Development was $160.0 million in Q2 2026, with the low at $90.0 million in Q1 2022.
  • Average Research & Development over 5 years is $116.2 million, with a median of $109.0 million recorded in 2024.
  • The sharpest annual moves came in 2022 and 2023: Research & Development jumped 64.41% in 2022, then gained 0.98% in 2023.
  • Over 5 years, Research & Development stood at $99.0 million in 2022, then gained by 7.07% to $106.0 million in 2023, then grew by 3.77% to $110.0 million in 2024, then surged by 42.73% to $157.0 million in 2025, then rose by 1.91% to $160.0 million in 2026.
  • The last three Research & Development figures came in at $160.0 million (Q2 2026), $159.0 million (Q1 2026), and $157.0 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Trip.com 26.65 Bn 15.19 Bn 1.86 Bn -543.00 Mn
2 Yatra Online 6.38 Bn 6.42 Bn 12.97 Mn 473,000.00
3 Global Business Travel 4.95 Bn 4.48 Bn 514.00 Mn 160.00 Mn
4 Ambitions Enterprise Management Co. L.L.C 36.55 Mn 33.39 Mn - -
5 JX Luxventure 5.82 Mn 5.11 Mn - -
6 Maitong Sunshine Cultural Development 1.92 Mn 1.91 Mn - -
7 Wetour Robotics 560,999.99 377,549.02 - -
8 Tuniu 5.03 -154.31 Mn 11.27 Mn -8.06 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 160.00 Mn
Mar 31, 2026 159.00 Mn
Dec 31, 2025 157.00 Mn
Sep 30, 2025 130.00 Mn
Jun 30, 2025 120.00 Mn
Mar 31, 2025 120.00 Mn
Dec 31, 2024 110.00 Mn
Sep 30, 2024 112.00 Mn
Jun 30, 2024 112.00 Mn
Mar 31, 2024 108.00 Mn
Dec 31, 2023 106.00 Mn
Sep 30, 2023 103.00 Mn
Jun 30, 2023 103.00 Mn
Mar 31, 2023 103.00 Mn
Dec 31, 2022 99.00 Mn
Sep 30, 2022 102.00 Mn
Jun 30, 2022 97.00 Mn
Mar 31, 2022 90.00 Mn
Dec 31, 2021 85.00 Mn
Sep 30, 2021 63.00 Mn