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

Global Business Travel has reported Research & Development over the past 5 years, most recently at $157.0 million for Q4 2025.

  • Quarterly results put Research & Development at $157.0 million for Q4 2025, up 42.73% from a year ago — trailing twelve months through Dec 2025 was $527.0 million (up 19.23% YoY), and the annual figure for FY2025 was $527.0 million, up 19.23%.
  • Research & Development for Q4 2025 was $157.0 million at Global Business Travel, up from $130.0 million in the prior quarter.
  • Over the last five years, Research & Development for GBTG hit a ceiling of $157.0 million in Q4 2025 and a floor of $59.0 million in Q2 2021.
  • Median Research & Development over the past 5 years was $103.0 million (2023), compared with a mean of $104.1 million.
  • Biggest five-year swings in Research & Development: surged 64.41% in 2022 and later increased 0.98% in 2023.
  • Global Business Travel's Research & Development stood at $85.0 million in 2021, then grew by 16.47% to $99.0 million in 2022, then grew 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.
  • The last three reported values for Research & Development were $157.0 million (Q4 2025), $130.0 million (Q3 2025), and $120.0 million (Q2 2025) per Business Quant data.