Global Business Travel (GBTG) Retained Earnings (2020 - 2026)

Global Business Travel's (GBTG) quarterly Retained Earnings came in at $3.3 billion in Q1 2026, up 2579.55% year-on-year from $122.1 million in Q1 2025, and up 4464.0% quarter-over-quarter from -$75.0 million in Q4 2025.

Global Business Travel (GBTG) Retained Earnings (2020 - 2026) Analysis & Trends

Global Business Travel's Retained Earnings history runs 7 years deep, the most recent figure standing at $3.3 billion for Q1 2026.

  • On a quarterly basis, Retained Earnings rose 2579.55% year-over-year to $3.3 billion in Q1 2026; TTM through Mar 2026 was $3.3 billion, a 2579.55% increase from a year earlier, with the FY2025 full-year figure at -$75.0 million, up 95.24% from the prior year.
  • Retained Earnings improved to $3.3 billion in Q1 2026 per GBTG's latest filing, from -$75.0 million in the prior quarter.
  • Across five years, Retained Earnings topped out at $3.3 billion in Q1 2026 and bottomed at -$1.6 billion in Q4 2024.
  • The 5-year median for Retained Earnings is $244.0 million (2022), against an average of $848.3 million.
  • Across the five-year window, Retained Earnings sank 721.14% in 2023 and jumped 55540.0% in 2024, its largest moves.
  • Year by year, Retained Earnings stood at -$175.0 million in 2022, then sank by 721.14% to -$1.4 billion in 2023, then slipped by 9.6% to -$1.6 billion in 2024, then jumped by 95.24% to -$75.0 million in 2025, then surged by 4464.0% to $3.3 billion in 2026.
  • Per Business Quant, the three latest GBTG Retained Earnings figures stand at $3.3 billion (Q1 2026), -$75.0 million (Q4 2025), and -$93.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Retained Earnings (Qtr)
1 Booking Holdings 136.54 Bn 120.51 Bn 3.46 Bn 41.42 Bn
2 Royal Caribbean Cruises 86.11 Bn 85.59 Bn 2.21 Bn 6.46 Bn
3 Airbnb 82.27 Bn 70.26 Bn 2.10 Bn -2.00 Mn
4 Yatra Online 55.46 Bn 55.47 Bn 10.44 Mn -225.33 Mn
5 Viking Holdings 44.18 Bn 40.37 Bn 713.43 Mn -4.16 Bn
6 Carnival 34.61 Bn 32.38 Bn - 15.64 Bn
7 Expedia 31.38 Bn 28.88 Bn 3.05 Bn 1.63 Bn
8 Norwegian Cruise Line Holdings 8.54 Bn 8.35 Bn 953.34 Mn -5.46 Bn
9 MakeMyTrip 5.02 Bn 4.60 Bn 199.14 Mn -2.79 Bn
10 Global Business Travel 4.83 Bn 4.43 Bn 490.00 Mn 3.27 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 3.27 Bn
Dec 31, 2025 -75.00 Mn
Sep 30, 2025 -93.00 Mn
Jun 30, 2025 2.83 Bn
Mar 31, 2025 -132.00 Mn
Dec 31, 2024 -1.58 Bn
Sep 30, 2024 2.81 Bn
Jun 30, 2024 2.77 Bn
Mar 31, 2024 2.75 Bn
Dec 31, 2023 -1.44 Bn
Sep 30, 2023 2.73 Bn
Jun 30, 2023 -5.00 Mn
Mar 31, 2023 346.00 Mn
Dec 31, 2022 -175.00 Mn
Sep 30, 2022 259.00 Mn
Jun 30, 2022 244.00 Mn
Mar 31, 2022 -103.06 Mn
Dec 31, 2021 -162.00 Mn
Sep 30, 2021 -71.18 Mn
Jun 30, 2021 -82.33 Mn