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| Date | Value |
|---|---|
| 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 |