Global Business Travel (GBTG) Revenue (2020 - 2026)
Global Business Travel (GBTG) reported Revenue of $870 million for Q2 2026, up 37.9% from $631 million a year earlier and up 3.6% from the prior quarter.
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Analysis
Global Business Travel (GBTG) Revenue (2020 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Global Business Travel's Revenue came in at $3.18 billion, up 30.2% year-over-year; for FY2025, it was $2.72 billion, up 12.2% from FY2024.
- Revenue has increased for four consecutive years, with a five-year compound annual growth rate of 27.9% (FY2020 to FY2025).
- By year, Revenue came in at $2.42 billion in FY2024 (+5.8%), $2.29 billion in FY2023 (+23.7%), $1.85 billion in FY2022 (+142.6%) and $763 million in FY2021 (-3.8%).
- The Q2 2026 figure ranks as the highest quarterly Revenue in data going back to Q4 2020.
- Year over year, Revenue has now increased in each of the last 17 quarters, with growth averaging 16.9% over the last eight quarters.
- The high point for year-over-year Revenue in five years was Q2 2022 (growth of 217.6%); the low point was Q4 2021 (a decline of 63.8%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $840 million (Q1 2026), $792 million (Q4 2025) and $674 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 92.75 Bn | 90.79 Bn | 1.55 Bn | 7.07 Bn |
| 2 | Hilton Worldwide Holdings | 71.81 Bn | 68.29 Bn | 3.08 Bn | 3.34 Bn |
| 3 | Royal Caribbean Cruises | 71.17 Bn | 68.75 Bn | 2.29 Bn | 4.83 Bn |
| 4 | Viking Holdings | 35.31 Bn | 20.44 Bn | 996.62 Mn | 2.19 Bn |
| 5 | Carnival | 33.05 Bn | 26.25 Bn | - | 8.44 Bn |
| 6 | Intercontinental Hotels | 26.49 Bn | 22.05 Bn | - | - |
| 7 | Trip.com | 25.40 Bn | -20.15 Bn | 1.84 Bn | 2.31 Bn |
| 8 | Hyatt Hotels | 14.95 Bn | 12.43 Bn | 388.00 Mn | 1.83 Bn |
| 9 | H World | 13.15 Bn | 4.07 Bn | - | 1.05 Bn |
| 10 | Global Business Travel | 4.96 Bn | 3.19 Bn | 514.00 Mn | 870.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 870.00 Mn |
| 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 |
API Access
Global Business Travel Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=revenue&ticker=GBTG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "revenue", "ticker": "GBTG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=revenue&ticker=GBTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();