U.K was Global Business Travel’s largest region in fiscal 2025, bringing in $4.09B of $8.15B (50%).
| Geography | FY 2020 | FY 2021 | FY 2022 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|
| U.K | — | $3.92B | $4.09B | ||
| United Kingdom | $2.06B | — | — | ||
| All Other Countries | $1.48B | $1.92B | $2.26B | ||
| United States | — | $1.44B | $1.80B | ||
| Domestic | $2.02B | — | — | ||
| U.S | — | — | — | ||
| Total | $5.55B | $7.27B | $8.15B |
Global Business Travel brought in $8.15B from its three regions in fiscal 2025, the year ended December 31, 2025. That was up 12.2% from $7.27B in fiscal 2024. U.K was the largest at $4.09B (50.1%), ahead of All Other Countries at $2.26B (27.7%) and United States at $1.80B (22.1%).
Compared with fiscal 2024, United States grew fastest, up 25.5% to $1.80B. Every region above 2% of revenue grew.
Global Business Travel began breaking out United States in fiscal 2024, when it brought in $1.44B. Global Business Travel stopped reporting United Kingdom ($2.06B in fiscal 2022) and Domestic ($2.02B in fiscal 2022) as separate regions.
Travel Revenue was Global Business Travel’s largest product and service line in fiscal 2025, bringing in $6.46B of $8.15B (79%).
| Product and Service | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|
| Travel Revenue | $4.33B | $5.48B | $5.80B | $6.46B | ||
| Products & Professional Services Revenue | $1.22B | $1.39B | $1.47B | $1.69B | ||
| Total | $5.55B | $6.87B | $7.27B | $8.15B |
Global Business Travel brought in $8.15B from its two product and service lines in fiscal 2025, the year ended December 31, 2025. That was up 12.2% from $7.27B in fiscal 2024. Travel Revenue was the largest at $6.46B (79.2%), ahead of Products & Professional Services Revenue at $1.69B (20.8%).
Compared with fiscal 2024, Products & Professional Services Revenue grew 14.9% to $1.69B and Travel Revenue grew 11.5% to $6.46B. From fiscal 2022 to 2025, combined revenue from these lines grew from $5.55B to $8.15B, a compound annual growth rate of 13.7%. Travel Revenue's share of the total rose from 78.0% to 79.2%.
Global Business Travel (GBTG) reports its revenue by geography and by product and service. In fiscal 2025, U.K was its largest region, bringing in $4.09B (50.1% of the total), followed by All Other Countries at $2.26B (27.7%).
U.K was Global Business Travel's largest region in fiscal 2025, bringing in $4.09B, or 50.1% of the $8.15B total across its three regions.
Travel Revenue was Global Business Travel's largest product and service line in fiscal 2025, bringing in $6.46B, or 79.2% of the $8.15B total across its two product and service lines.
Among Global Business Travel's regions that make up at least 2% of revenue, United States grew fastest in fiscal 2025, up 25.5% from $1.44B to $1.80B.
Every figure comes from Global Business Travel's annual financial filings, as reported. Each line keeps the name Global Business Travel gives it, and years follow its fiscal calendar.
Global Business Travel's revenue by geography goes back to fiscal 2020, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.