Stocks Consumer discretionary GBTG
NYSE · Consumer discretionaryGlobal Business Travel Group, Inc. (GBTG)
Global Business Travel Group, Inc. brought in $3.2B of revenue over the twelve months to June 30, 2026, up 30.2% from a year earlier. Net income was $88M, a net margin of 2.8%. Operating cash flow minus capital spending left $104M of free cash flow in fiscal 2025. At June 30, 2026 it held $518M in cash against $1.5B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on August 4, 2026.
Key facts about Global Business Travel Group, Inc.
- Net worth
- Global Business Travel Group, Inc. has a market value (market cap) of $5B at the latest share price, and shareholders' equity of $1.6B on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $2.7B (+12.2% year on year), with net income of $109M. Over the 12 months to June 30, 2026: revenue $3.2B, net income $88M.
- Cash flow
- In fiscal 2025 operations brought in $233M of cash; after $129M of capital spending, free cash flow was $104M.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on August 4, 2026 and covers the period to June 30, 2026. Open on SEC EDGAR
- Next earnings report
- Global Business Travel Group, Inc.'s next report was expected around November 9, 2026 and is not on file with the SEC yet.
What Global Business Travel Group, Inc. does
Global Business Travel Group, Inc. is registered with the SEC under industry code SIC 4700 (Transportation Services). Its shares trade on NYSE under the ticker GBTG.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $2.7B | $109M | $0.22 | $104M |
| 2024 | $2.4B | -$138M | -$0.30 | $165M |
| 2023 | $2.3B | -$63M | -$0.30 | $49M |
| 2022 | $1.9B | -$25M | -$0.51 | -$488M |
| 2021 | $763M | $6.2M | n/a | -$556M |
| 2020 | $793M | -$19.6M | n/a | -$297M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where GBTG ranks in Consumer discretionary
Latest SEC filings
What Global Business Travel Group, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- October 9, 2026Deregistration 15-12G
- September 29, 2026Activist stake changed SCHEDULE 13D/A
- September 29, 2026Delisting notice 25-NSE
- September 29, 2026Form POS AM filing POS AM
- September 29, 2026Form POS AM filing POS AM
- September 29, 2026Form POS AM filing POS AM
- September 29, 2026Form S-8 POS filing S-8 POS
- September 29, 2026Change in control8-KGlobal Business Travel Group completed its acquisition by Long Lake Management for $9.50 per share in cash.
- August 4, 2026Quarterly report 10-Q · period to June 30, 2026Revenue rose 38% to $870M versus the same quarter last year; diluted EPS $0.03 versus $0.03.
- August 4, 2026
What is GBTG worth? A DCF from its reported cash flow
Insider trades
What the people running Global Business Travel Group, Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders sold $707.4K worth of shares in the last 90 days and bought none on the open market.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| September 29, 2026 | Williams Karen AChief Financial Officer | Other change | 97,072 | - |
| September 29, 2026 | Williams Karen AChief Financial Officer | Other change | 451,598 | - |
| September 29, 2026 | Williams Karen AChief Financial Officer | Received as pay | 236,503 | - |
| September 29, 2026 | Williams Karen AChief Financial Officer | Other change | 236,503 | - |
| September 29, 2026 | Al-Thani Faisal Saoud F.Q.Director | Other change | 30,816 | - |
| September 29, 2026 | Al-Thani Faisal Saoud F.Q.Director | Other change | 23,429 | - |
| September 29, 2026 | Arzani UgoDirector | Other change | 36,488 | - |
| September 29, 2026 | Arzani UgoDirector | Other change | 23,429 | - |
Who owns GBTG
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| BlackRock Portfolio Management LLC13D, may seek influence | 7.5% | May 5, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 191 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| American Express Co | 157,786,199 | 0 |
| BlackRock, Inc. | 49,490,227 | +808,800 |
| Apollo Management Holdings, L.P. | 21,712,184 | -1,172,807 |
| Redwood Capital Management, LLC | 10,998,642 | -10,955,174 |
| Nexpoint Asset Management, L.P. | 8,089,339 | new |
| Vanguard Portfolio Management LLC | 6,526,241 | +84,010 |
| Vanguard Capital Management LLC | 6,525,818 | -56,485 |
| Polar Asset Management Partners Inc. | 4,848,676 | new |
| Dimensional Fund Advisors LP | 4,777,995 | +522,392 |
| FIL Ltd | 4,400,000 | new |
| Ares Management LLC | 4,338,264 | -9,547,759 |
| Soros Fund Management LLC | 3,346,860 | new |
| Geode Capital Management, LLC | 3,179,581 | +224,280 |
| State Street Corp | 2,926,000 | +173,975 |
| AQR Arbitrage LLC | 2,592,426 | new |
| Millennium Management LLC | 2,283,986 | +2,100,304 |
| Fmr LLC | 2,008,863 | +1,467,788 |
| Goldman Sachs Group Inc | 1,831,419 | +1,394,059 |
| LMR Partners LLP | 1,750,463 | new |
| Alliancebernstein L.P. | 2,544,052 | +2,395,232 |
Insiders
8 insiders reported holding 6,690,614 shares in total, about $63.6M at the last price.
| Holder | Shares |
|---|---|
| Abbott Paul GChief Executive Officer, Director | 2,582,911 |
| Huska Patricia AnneChief People Officer | 1,269,897 |
| Bock Eric J.See remarks | 699,177 |
| Crawley Andrew GeorgePresident | 699,176 |
| Thompson John DavidChief Technology Officer | 626,793 |
| Konwiser EvanSee remarks | 502,641 |
| Van Vliet ChristopherVice President, Controller | 189,493 |
| Joabar RaymondDirector | 120,526 |
Questions about GBTG
What does Global Business Travel Group, Inc. do?
Global Business Travel Group, Inc. is a company in the Consumer discretionary sector, listed on NYSE as GBTG. Its shares trade on NYSE under the ticker GBTG.
What is Global Business Travel Group, Inc.'s net worth?
Global Business Travel Group, Inc. has a market value (market cap) of $5B at the latest share price, and shareholders' equity of $1.6B on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Global Business Travel Group, Inc. profitable?
Yes. Over the twelve months to June 30, 2026 it reported net income of $88M on revenue of $3.2B, a net margin of 2.8%.
How much revenue does Global Business Travel Group, Inc. make?
Over the twelve months to June 30, 2026 Global Business Travel Group, Inc. reported revenue of $3.2B. That is 30.2% more than a year earlier.
When did Global Business Travel Group, Inc. last report?
Its most recent periodic report is the quarterly report (10-Q) filed on August 4, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the deregistration from October 9, 2026.
When is Global Business Travel Group, Inc.'s next earnings report?
Global Business Travel Group, Inc.'s next report was expected around November 9, 2026 and is not on file with the SEC yet.
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Where the numbers come from
Financial figures are the values Global Business Travel Group, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.