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Global Business Travel (GBTG) Research & Development (2021 - 2025)

Global Business Travel (GBTG) has 5 years of Research & Development data on record, last reported at $157.0 million in Q4 2025.

  • For Q4 2025, Research & Development rose 42.73% year-over-year to $157.0 million; the TTM value through Dec 2025 reached $527.0 million, up 19.23%, while the annual FY2025 figure was $527.0 million, 19.23% up from the prior year.
  • Research & Development reached $157.0 million in Q4 2025 per GBTG's latest filing, up from $130.0 million in the prior quarter.
  • Across five years, Research & Development topped out at $157.0 million in Q4 2025 and bottomed at $59.0 million in Q2 2021.
  • Average Research & Development over 5 years is $105.3 million, with a median of $105.5 million recorded in 2022.
  • Peak YoY movement for Research & Development: skyrocketed 61.9% in 2022, then rose 0.95% in 2023.
  • A 5-year view of Research & Development shows it stood at $63.0 million in 2021, then skyrocketed by 66.67% to $105.0 million in 2022, then grew by 0.95% to $106.0 million in 2023, then rose by 3.77% to $110.0 million in 2024, then skyrocketed by 42.73% to $157.0 million in 2025.
  • Per Business Quant database, its latest 3 readings for Research & Development were $157.0 million in Q4 2025, $130.0 million in Q3 2025, and $120.0 million in Q2 2025.