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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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TTENK/calls
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Home›GBTG›Financials
Annual statements · SEC XBRL · FY2019 – FY2025

Global Business Travel Group, Inc. (GBTG) financials

Income statement

Global Business Travel Group, Inc. (GBTG) income statement, annual, from SEC filings
Fiscal yearFY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$0.00$793M$763M$1.85B$2.29B$2.42B$2.72B
Revenue growth——-3.8%142.6%23.7%5.8%12.2%
Operating income—-$747M-$560M-$198M-$8.00M$115M$130M
Operating margin—-94.2%-73.4%-10.7%-0.3%4.7%4.8%
Net income-$1.85K-$619M-$475M-$229M-$136M-$134M$111M
Net margin—-78.1%-62.3%-12.4%-5.9%-5.5%4.1%
EPS (diluted)———-$0.51-$0.30-$0.30$0.22

Cash flow

Global Business Travel Group, Inc. (GBTG) cash flow, annual, from SEC filings
Fiscal yearFY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$0.00-$250M-$512M-$394M$162M$272M$233M
Capital expenditures—$47.0M$44.0M$94.0M$113M$107M$129M
Free cash flow—-$297M-$556M-$488M$49.0M$165M$104M
Share buybacks———$0.00$0.00$55.0M$73.0M

Balance sheet

Global Business Travel Group, Inc. (GBTG) balance sheet, annual, from SEC filings
Fiscal yearFY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$499M$258K$516M$303M$476M$536M$434M
Total assets$1.85K$818M$3.77B$3.73B$3.75B$3.62B$4.92B
Total liabilities—$105M$2.28B$2.36B$2.54B$2.57B$3.25B
Long-term debt——$1.02B$1.22B$1.35B$1.36B$1.36B
Shareholders' equity$1.85K-$104M$1.33B$152M$1.21B$1.05B$1.61B
Retained earnings-$30.0K-$104M-$1.06B-$175M-$1.44B-$1.57B-$1.47B
Shares (wtd avg diluted)———446M458M463M493M

Every figure is extracted from Global Business Travel Group, Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is Global Business Travel Group, Inc.'s annual revenue?
Global Business Travel Group, Inc. (GBTG) reported $2.72B of revenue for fiscal year 2025 — up 12.2% from $2.42B in FY2024, per its annual report filed with the SEC.
Is Global Business Travel Group, Inc. profitable?
Yes — GBTG earned $111M of net income in FY2025, a 4.1% net margin, per SEC filings.
What is Global Business Travel Group, Inc.'s free cash flow?
$104M in FY2025 (operating cash flow $233M minus $129M of capital expenditures), from the SEC cash-flow statement.
Does GBTG pay a dividend?
Global Business Travel Group, Inc. reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full GBTG analysis — verdict, score & filings →Is GBTG a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.