Global Business Travel (GBTG) Retained Earnings (2020 - 2026)
Global Business Travel (GBTG) posted quarterly Retained Earnings of $3.3 billion for Q1 2026, up 2579.55% year-over-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.
- In Q1 2026, Retained Earnings rose 2579.55% year-over-year to $3.3 billion; the TTM figure through Mar 2026 stood at $3.3 billion (up 2579.55% YoY), while the FY2025 annual figure was -$75.0 million, up 95.24% from the prior year.
- Retained Earnings for Q1 2026 stood at $3.3 billion, up from -$75.0 million in the prior quarter.
- The five-year high for Retained Earnings was $3.3 billion in Q1 2026, with the low 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.
- The sharpest annual moves came in 2023 and 2024: Retained Earnings plunged 721.14% in 2023, then jumped 55540.0% in 2024.
- Global Business Travel's Retained Earnings stood at -$175.0 million in 2022, then slumped by 721.14% to -$1.4 billion in 2023, then decreased by 9.6% to -$1.6 billion in 2024, then soared by 95.24% to -$75.0 million in 2025, then jumped by 4464.0% to $3.3 billion in 2026.
- Business Quant data shows GBTG's Retained Earnings at $3.3 billion in Q1 2026, -$75.0 million in Q4 2025, and -$93.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 158.46 Bn | 141.25 Bn | 4.98 Bn | 43.05 Bn |
| 2 | Airbnb | 106.78 Bn | 94.71 Bn | 2.98 Bn | 14.43 Bn |
| 3 | Royal Caribbean Cruises | 80.66 Bn | 79.74 Bn | 2.29 Bn | 7.19 Bn |
| 4 | Viking Holdings | 44.63 Bn | 40.83 Bn | 713.43 Mn | -4.16 Bn |
| 5 | Expedia | 38.98 Bn | 31.85 Bn | 3.91 Bn | 2.45 Bn |
| 6 | Carnival | 38.25 Bn | 36.01 Bn | - | 15.64 Bn |
| 7 | Trip.com | 29.13 Bn | 17.43 Bn | 1.86 Bn | - |
| 8 | Norwegian Cruise Line Holdings | 8.43 Bn | 8.21 Bn | 1.05 Bn | -5.24 Bn |
| 9 | MakeMyTrip | 5.84 Bn | 5.06 Bn | 212.91 Mn | -2.79 Bn |
| 10 | Global Business Travel | 4.86 Bn | 4.34 Bn | 514.00 Mn | 3.29 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.29 Bn |
| 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 |