Global Business Travel (GBTG) Tax Provisions (2021 - 2026)

Global Business Travel (GBTG) recorded quarterly Tax Provisions of -$42.0 million in Q1 2026, down 61.54% quarter-over-quarter from -$26.0 million in Q4 2025, and down 300.0% on a YoY basis from $21.0 million in Q1 2025.

Global Business Travel (GBTG) Tax Provisions (2021 - 2026) Analysis & Trends

Global Business Travel's Tax Provisions history runs 6 years deep, the most recent figure standing at -$42.0 million for Q1 2026.

  • In Q1 2026, Tax Provisions fell 300.0% year-over-year to -$42.0 million; the TTM figure through Mar 2026 stood at -$23.0 million (down 138.33% YoY), while the FY2025 annual figure was $40.0 million, down 39.39% from the prior year.
  • Tax Provisions was -$42.0 million for Q1 2026 at Global Business Travel, down from -$26.0 million in the prior quarter.
  • In the past five years, Tax Provisions ranged from a high of $54.0 million in Q3 2024 to a low of -$42.0 million in Q1 2026.
  • Historically, Tax Provisions has averaged -$352941.2 across 5 years, with a median of -$2.0 million in 2023.
  • Biggest YoY gain for Tax Provisions was 2800.0% in 2024; the steepest drop was 1200.0% in 2024.
  • A 5-year view of Tax Provisions shows it stood at -$22.0 million in 2022, then jumped by 113.64% to $3.0 million in 2023, then soared by 266.67% to $11.0 million in 2024, then tumbled by 336.36% to -$26.0 million in 2025, then tumbled by 61.54% to -$42.0 million in 2026.
  • The last three Tax Provisions figures came in at -$42.0 million (Q1 2026), -$26.0 million (Q4 2025), and $24.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Booking Holdings 131.01 Bn 114.99 Bn 3.46 Bn 316.00 Mn
2 Airbnb 79.86 Bn 67.85 Bn 2.10 Bn 121.00 Mn
3 Royal Caribbean Cruises 75.60 Bn 75.08 Bn 2.21 Bn 26.00 Mn
4 Carnival 37.80 Bn 36.39 Bn - 17.00 Mn
5 Expedia 27.88 Bn 22.09 Bn 3.05 Bn 37.00 Mn
6 Norwegian Cruise Line Holdings 8.56 Bn 8.38 Bn 953.34 Mn 2.99 Mn
7 Global Business Travel 4.79 Bn 4.35 Bn 714.00 Mn -42.00 Mn
8 Travel & Leisure 4.51 Bn 4.25 Bn 926.00 Mn 29.00 Mn
9 Trip.com 4.42 Bn -788.25 Mn 1.74 Bn -119.00 Mn
10 MakeMyTrip 2.12 Bn 1.35 Bn - -5.96 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -42.00 Mn
Dec 31, 2025 -26.00 Mn
Sep 30, 2025 24.00 Mn
Jun 30, 2025 21.00 Mn
Mar 31, 2025 21.00 Mn
Dec 31, 2024 11.00 Mn
Sep 30, 2024 54.00 Mn
Jun 30, 2024 -26.00 Mn
Mar 31, 2024 27.00 Mn
Dec 31, 2023 3.00 Mn
Sep 30, 2023 -2.00 Mn
Jun 30, 2023 -2.00 Mn
Mar 31, 2023 -8.00 Mn
Dec 31, 2022 -22.00 Mn
Sep 30, 2022 -10.00 Mn
Jun 30, 2022 -4.00 Mn
Mar 31, 2022 -25.00 Mn
Dec 31, 2021 -60.00 Mn
Sep 30, 2021 -31.00 Mn
Jun 30, 2021 -73.00 Mn