Global Business Travel Group financials
$9.500.00%
Close Sep 28, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 |
|---|---|---|---|---|
| Revenue | $2.72B | $2.42B | $2.29B | $1.85B |
| Gross profit | $1.63B | $1.46B | $1.33B | $1.02B |
| Gross margin | 60.1% | 60.1% | 58.0% | 55.1% |
| Operating income | $130.0M | $115.0M | -$8.0M | -$198.0M |
| Net income | $109.0M | -$138.0M | -$63.0M | -$25.0M |
| Net margin | 4.0% | −5.7% | −2.8% | −1.4% |
| Diluted EPS | $0.22 | $-0.30 | $-0.30 | $-0.51 |
| EBITDA | $374.0M | $306.0M | $228.0M | -$19.0M |
| Operating cash flow | $233.0M | $272.0M | $162.0M | -$394.0M |
| Free cash flow | $104.0M | $165.0M | $49.0M | -$488.0M |
| Diluted shares | 492.8M | 462.7M | 458.1M | 445.7M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|
| Cash & equivalents | $434.0M | $536.0M | $476.0M | $303.0M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $1.42B | $1.38B | $1.36B | $1.22B |
| Total assets | $4.92B | $3.62B | $3.75B | $3.73B |
| Total liabilities | $3.25B | $2.57B | $2.54B | $2.36B |
| Shareholders' equity | $1.61B | $1.06B | $1.21B | $1.37B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology