Global Business Travel (GBTG) Selling, General & Administrative (2020 - 2026)
Global Business Travel's Selling, General & Administrative was $110 million in Q2 2026, up 59.4% from $69 million a year earlier and up 12.2% from the prior quarter.
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Analysis
Global Business Travel (GBTG) Selling, General & Administrative (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Global Business Travel's Selling, General & Administrative was $361 million through Jun 30, 2026, up 29.4% year-over-year; for FY2025, it was $290 million, down 5.8% from FY2024.
- Selling, General & Administrative shows a five-year compound annual growth rate of 9.9% (FY2020 to FY2025).
- In earlier years, Selling, General & Administrative was $308 million in FY2024 (+4.8%), $294 million in FY2023 (-6.1%), $313 million in FY2022 (+46.9%) and $213 million in FY2021 (+17.7%).
- The Q2 2026 figure marks the highest quarterly Selling, General & Administrative since Q4 2020.
- Compared with a year earlier, Selling, General & Administrative has increased for four straight quarters, with growth averaging 12.0% over the last eight quarters.
- The best year-over-year quarter for Selling, General & Administrative over five years was Q2 2022 (growth of 104.9%); the worst was Q4 2021 (a decline of 49.7%).
- Per Business Quant data, GBTG's Selling, General & Administrative in the three quarters before Q2 2026 was $98 million (Q1 2026), $77 million (Q4 2025) and $76 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | SG&A (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 93.60 Bn | 91.65 Bn | 1.55 Bn | 220.00 Mn |
| 2 | Royal Caribbean Cruises | 74.32 Bn | 71.90 Bn | 2.29 Bn | 513.00 Mn |
| 3 | Hilton Worldwide Holdings | 72.10 Bn | 68.58 Bn | 3.08 Bn | 114.00 Mn |
| 4 | Viking Holdings | 36.31 Bn | 21.43 Bn | 996.62 Mn | -268.67 Mn |
| 5 | Carnival | 34.66 Bn | 27.87 Bn | - | 834.00 Mn |
| 6 | Intercontinental Hotels | 26.64 Bn | 22.19 Bn | - | - |
| 7 | Trip.com | 24.74 Bn | -20.81 Bn | 1.84 Bn | -933.00 Mn |
| 8 | Hyatt Hotels | 14.98 Bn | 12.46 Bn | 388.00 Mn | 180.00 Mn |
| 9 | H World | 12.83 Bn | 3.76 Bn | - | -102.00 Mn |
| 10 | Global Business Travel | 4.96 Bn | 3.19 Bn | 514.00 Mn | 110.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 110.00 Mn |
| Mar 31, 2026 | 98.00 Mn |
| Dec 31, 2025 | 77.00 Mn |
| Sep 30, 2025 | 76.00 Mn |
| Jun 30, 2025 | 69.00 Mn |
| Mar 31, 2025 | 68.00 Mn |
| Dec 31, 2024 | 67.00 Mn |
| Sep 30, 2024 | 75.00 Mn |
| Jun 30, 2024 | 80.00 Mn |
| Mar 31, 2024 | 86.00 Mn |
| Dec 31, 2023 | 59.00 Mn |
| Sep 30, 2023 | 77.00 Mn |
| Jun 30, 2023 | 86.00 Mn |
| Mar 31, 2023 | 72.00 Mn |
| Dec 31, 2022 | 82.00 Mn |
| Sep 30, 2022 | 84.00 Mn |
| Jun 30, 2022 | 84.00 Mn |
| Mar 31, 2022 | 63.00 Mn |
| Dec 31, 2021 | 91.00 Mn |
| Sep 30, 2021 | 42.00 Mn |
API Access
Global Business Travel Selling, General & Administrative 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=selling-general-and-administrative&ticker=GBTG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "selling-general-and-administrative", "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=selling-general-and-administrative&ticker=GBTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();