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