Global Business Travel (GBTG) Revenue (2020 - 2026)
Global Business Travel (GBTG) recorded quarterly Revenue of $840.0 million in Q1 2026, up 6.06% quarter-over-quarter from $792.0 million in Q4 2025, and up 35.27% on a YoY basis from $621.0 million in Q1 2025.
Global Business Travel (GBTG) Revenue (2020 - 2026) Analysis & Trends
Global Business Travel's Revenue history runs 7 years deep, the most recent figure standing at $840.0 million for Q1 2026.
- In Q1 2026, Revenue rose 35.27% year-over-year to $840.0 million; the TTM figure through Mar 2026 stood at $2.9 billion (up 20.67% YoY), while the FY2025 annual figure was $2.7 billion, up 12.17% from the prior year.
- Revenue was $840.0 million for Q1 2026 at Global Business Travel, up from $792.0 million in the prior quarter.
- In the past five years, Revenue ranged from a high of $840.0 million in Q1 2026 to a low of $350.0 million in Q1 2022.
- Historically, Revenue has averaged $595.4 million across 5 years, with a median of $592.0 million in 2023.
- The sharpest annual moves came in 2022 and 2025: Revenue surged 217.65% in 2022, then gained 0.96% in 2025.
- A 5-year view of Revenue shows it stood at $527.0 million in 2022, then gained by 4.17% to $549.0 million in 2023, then grew by 7.65% to $591.0 million in 2024, then soared by 34.01% to $792.0 million in 2025, then grew by 6.06% to $840.0 million in 2026.
- The last three Revenue figures came in at $840.0 million (Q1 2026), $792.0 million (Q4 2025), and $674.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 131.01 Bn | 114.99 Bn | 3.46 Bn | 5.53 Bn |
| 2 | Airbnb | 79.86 Bn | 67.85 Bn | 2.10 Bn | 2.68 Bn |
| 3 | Royal Caribbean Cruises | 75.60 Bn | 75.08 Bn | 2.21 Bn | 4.45 Bn |
| 4 | Carnival | 37.80 Bn | 36.39 Bn | - | 6.17 Bn |
| 5 | Expedia | 27.88 Bn | 22.09 Bn | 3.05 Bn | 3.43 Bn |
| 6 | Norwegian Cruise Line Holdings | 8.56 Bn | 8.38 Bn | 953.34 Mn | 2.33 Bn |
| 7 | Global Business Travel | 4.79 Bn | 4.35 Bn | 714.00 Mn | 840.00 Mn |
| 8 | Travel & Leisure | 4.51 Bn | 4.25 Bn | 926.00 Mn | 961.00 Mn |
| 9 | Trip.com | 4.42 Bn | -788.25 Mn | 1.74 Bn | 2.21 Bn |
| 10 | MakeMyTrip | 2.12 Bn | 1.35 Bn | - | 250.12 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 840.00 Mn |
| Dec 31, 2025 | 792.00 Mn |
| Sep 30, 2025 | 674.00 Mn |
| Jun 30, 2025 | 631.00 Mn |
| Mar 31, 2025 | 621.00 Mn |
| Dec 31, 2024 | 591.00 Mn |
| Sep 30, 2024 | 597.00 Mn |
| Jun 30, 2024 | 625.00 Mn |
| Mar 31, 2024 | 610.00 Mn |
| Dec 31, 2023 | 549.00 Mn |
| Sep 30, 2023 | 571.00 Mn |
| Jun 30, 2023 | 592.00 Mn |
| Mar 31, 2023 | 578.00 Mn |
| Dec 31, 2022 | 527.00 Mn |
| Sep 30, 2022 | 488.00 Mn |
| Jun 30, 2022 | 486.00 Mn |
| Mar 31, 2022 | 350.00 Mn |
| Dec 31, 2021 | 287.00 Mn |
| Sep 30, 2021 | 197.00 Mn |
| Jun 30, 2021 | 153.00 Mn |