GBTG
Global Business·NYSE
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GBTG fundamentals
During Q4 2025, Global Business (GBTG) reported revenue of 792.00M, a YoY change of 34.01%. Net income was 83.00M, a YoY change of 692.86%. Click to view the full income statement and explore the company's earnings performance.
Income Statement
Q3,2019 | Q4,2019 | Q1,2020 | Q2,2020 | Q3,2020 | Q4,2020 | Q1,2021 | Q2,2021 | Q3,2021 | Q4,2021 | Q1,2022 | Q2,2022 | Q3,2022 | Q4,2022 | Q1,2023 | Q2,2023 | Q3,2023 | Q4,2023 | Q1,2024 | Q2,2024 | Q3,2024 | Q4,2024 | Q1,2025 | Q2,2025 | Q3,2025 | Q4,2025 | TTM |
|---|
Start Date | Jul 1, 2019 | Oct 1, 2019 | Jan 1, 2020 | Apr 1, 2020 | Jul 1, 2020 | Oct 1, 2020 | Jan 1, 2021 | Apr 1, 2021 | Jul 1, 2021 | Oct 1, 2021 | Jan 1, 2022 | Apr 1, 2022 | Jul 1, 2022 | Oct 1, 2022 | Jan 1, 2023 | Apr 1, 2023 | Jul 1, 2023 | Oct 1, 2023 | Jan 1, 2024 | Apr 1, 2024 | Jul 1, 2024 | Oct 1, 2024 | Jan 1, 2025 | Apr 1, 2025 | Jul 1, 2025 | Oct 1, 2025 | -- |
End Date | Sep 30, 2019 | Dec 31, 2019 | Mar 31, 2020 | Jun 30, 2020 | Sep 30, 2020 | Dec 31, 2020 | Mar 31, 2021 | Jun 30, 2021 | Sep 30, 2021 | Dec 31, 2021 | Mar 31, 2022 | Jun 30, 2022 | Sep 30, 2022 | Dec 31, 2022 | Mar 31, 2023 | Jun 30, 2023 | Sep 30, 2023 | Dec 31, 2023 | Mar 31, 2024 | Jun 30, 2024 | Sep 30, 2024 | Dec 31, 2024 | Mar 31, 2025 | Jun 30, 2025 | Sep 30, 2025 | Dec 31, 2025 | -- |
Fiscal Year-End | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | -- |
Revenue | -- -- | 0 -- | 0 -- | 0 -- | 0 -- | 793.00M -- | 0 -- | 153.00M -- | 197.00M -- | 287.00M -63.81% | 350.00M -- | 486.00M +217.65% | 488.00M +147.72% | 527.00M +83.62% | 578.00M +65.14% | 592.00M +21.81% | 571.00M +17.01% | 549.00M +4.17% | 610.00M +5.54% | 625.00M +5.57% | 597.00M +4.55% | 591.00M +7.65% | 621.00M +1.80% | 631.00M +0.96% | 674.00M +12.90% | 792.00M +34.01% | 2.72B -- |
Sales and Services Revenue | -- -- | 0 -- | 0 -- | 0 -- | 0 -- | 793.00M -- | 0 -- | 153.00M -- | 197.00M -- | 287.00M -63.81% | 350.00M -- | 486.00M +217.65% | 488.00M +147.72% | 527.00M +83.62% | 578.00M +65.14% | 592.00M +21.81% | 571.00M +17.01% | 549.00M +4.17% | 610.00M +5.54% | 625.00M +5.57% | 597.00M +4.55% | 591.00M +7.65% | 621.00M +1.80% | 631.00M +0.96% | 674.00M +12.90% | 792.00M +34.01% | 2.72B -- |
Cost of Revenue | -- -- | 0 -- | -- -- | -- -- | -- -- | 529.00M -- | -- -- | 95.00M -- | 127.00M -- | 173.00M -67.30% | 173.00M -- | 199.00M +109.47% | 218.00M +71.65% | 242.00M +39.88% | 242.00M +39.88% | 243.00M +22.11% | 238.00M +9.17% | 238.00M -1.65% | 245.00M +1.24% | 247.00M +1.65% | 237.00M -0.42% | 238.00M -- | 231.00M -5.71% | 242.00M -2.02% | 270.00M +13.92% | 342.00M +43.70% | 1.08B -- |
Cost of Goods and Services | -- -- | -- -- | -- -- | -- -- | -- -- | 529.00M -- | -- -- | -- -- | -- -- | 477.00M -9.83% | -- -- | -- -- | -- -- | 832.00M +74.42% | -- -- | -- -- | 238.00M -- | 238.00M -71.39% | 245.00M -- | 247.00M -- | 237.00M -0.42% | 238.00M -- | 231.00M -5.71% | 242.00M -2.02% | 270.00M +13.92% | 342.00M +43.70% | 1.08B -- |
Gross Profit | -- -- | -- -- | 0 -- | 0 -- | 0 -- | 264.00M -- | 0 -- | 58.00M -- | 70.00M -- | 114.00M -56.82% | 177.00M -- | 287.00M +394.83% | 270.00M +285.71% | 285.00M +150.00% | 336.00M +89.83% | 349.00M +21.60% | 333.00M +23.33% | 311.00M +9.12% | 365.00M +8.63% | 378.00M +8.31% | 360.00M +8.11% | 353.00M +13.50% | 390.00M +6.85% | 389.00M +2.91% | 404.00M +12.22% | 450.00M +27.48% | 1.63B -- |
Other Operating Income | -- -- | -- -- | -- -- | -- -- | -- -- | 0 -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | 3.00M -- | -- -- | -- -- | -- -- | -- -- | -- -- | 3.00M -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- |
Operating Expenses | -- -- | 0 -- | 1.85K -- | -- -- | 10.00K -- | 1.01B -- | 4.64M +250321.47% | 172.00M -- | 194.00M +1939900.00% | 307.00M -69.63% | 273.00M +5780.05% | 306.00M +77.91% | 315.00M +62.37% | 326.00M +6.19% | 345.00M +26.37% | 347.00M +13.40% | 337.00M +6.98% | 308.00M -5.52% | 349.00M +1.16% | 339.00M -2.31% | 333.00M -1.19% | 323.00M +4.87% | 335.00M -4.01% | 355.00M +4.72% | 392.00M +17.72% | 421.00M +30.34% | 1.50B -- |
Selling, General and Administrative Expenses | -- -- | 1.85K -- | 1.85K -- | -- -- | 10.00K -- | 527.99M +28493593.79% | 4.64M +250321.47% | 122.00M -- | 127.00M +1269900.00% | 203.00M -61.55% | 181.00M +3798.50% | 214.00M +75.41% | 215.00M +69.29% | 222.00M +9.36% | 221.00M +22.10% | 237.00M +10.75% | 222.00M +3.26% | 202.00M -9.01% | 232.00M +4.98% | 227.00M -4.22% | 217.00M -2.25% | 210.00M +3.96% | 211.00M -9.05% | 223.00M -1.76% | 233.00M +7.37% | 257.00M +22.38% | 924.00M -- |
Selling and Marketing Expenses | -- -- | -- -- | -- -- | -- -- | -- -- | 199.00M -- | -- -- | -- -- | -- -- | 201.00M +1.01% | -- -- | -- -- | -- -- | 337.00M +67.66% | -- -- | -- -- | 95.00M -- | 94.00M -72.11% | 99.00M -- | 99.00M -- | 99.00M +4.21% | 103.00M +9.57% | 103.00M +4.04% | 111.00M +12.12% | 108.00M +9.09% | 120.00M +16.50% | 442.00M -- |
General and Administrative Expenses | -- -- | 1.85K -- | -- -- | -- -- | -- -- | 181.00M +9767843.87% | -- -- | -- -- | -- -- | 213.00M +17.68% | -- -- | -- -- | -- -- | 313.00M +46.95% | -- -- | -- -- | 77.00M -- | 59.00M -81.15% | 86.00M -- | 80.00M -- | 75.00M -2.60% | 67.00M +13.56% | 68.00M -20.93% | 69.00M -13.75% | 76.00M +1.33% | 77.00M +14.93% | 290.00M -- |
Research and Development Expenses | -- -- | -- -- | -- -- | -- -- | -- -- | 277.00M -- | -- -- | 59.00M -- | 63.00M -- | 85.00M -69.31% | 90.00M -- | 97.00M +64.41% | 102.00M +61.90% | 99.00M +16.47% | 101.00M +12.22% | 103.00M +6.19% | 103.00M +0.98% | 106.00M +7.07% | 108.00M +6.93% | 112.00M +8.74% | 112.00M +8.74% | 110.00M +3.77% | 120.00M +11.11% | 120.00M +7.14% | 130.00M +16.07% | 157.00M +42.73% | 527.00M -- |
Other Operating Expenses | -- -- | -1.85K -- | -- -- | -- -- | -- -- | 206.00M +11117207.39% | -- -- | -9.00M -- | 4.00M -- | 19.00M -90.78% | 2.00M -- | -5.00M +44.44% | -2.00M -150.00% | 5.00M -73.68% | 23.00M +1050.00% | 7.00M +240.00% | 12.00M +700.00% | 0 -100.00% | 9.00M -60.87% | -- -- | 4.00M -66.67% | 3.00M -- | 4.00M -55.56% | 12.00M -- | 29.00M +625.00% | 7.00M +133.33% | 52.00M -- |
Operating Income | -- -- | 0 -- | -1.85K -- | 0 -- | -10.00K -- | -746.99M -- | -4.64M -250321.47% | -114.00M -- | -124.00M -1239900.00% | -193.00M +74.16% | -96.00M -1967.71% | -19.00M +83.33% | -45.00M +63.71% | -38.00M +80.31% | -9.00M +90.63% | 2.00M +110.53% | -4.00M +91.11% | 3.00M +107.89% | 16.00M +277.78% | 42.00M +2000.00% | 27.00M +775.00% | 30.00M +900.00% | 55.00M +243.75% | 34.00M -19.05% | 12.00M -55.56% | 29.00M -3.33% | 130.00M -- |
Non-Operating Income (Loss) | -- -- | 0 -- | -- -- | -- -- | -- -- | -17.00M -- | 24.93M -- | -14.00M -- | -13.00M -- | -67.00M -294.12% | -20.00M -180.24% | 13.00M +192.86% | -38.00M -192.31% | -47.00M +29.85% | -26.00M -30.00% | -59.00M -553.85% | -6.00M +84.21% | -46.00M +2.13% | -8.00M +69.23% | -41.00M +30.51% | -101.00M -1583.33% | -33.00M +28.26% | 41.00M +612.50% | 2.00M +104.88% | -50.00M +50.50% | 28.00M +184.85% | 21.00M -- |
Income (Loss) from Affiliates | -- -- | -- -- | -- -- | -- -- | -- -- | -5.00M -- | -- -- | -1.00M -- | -- -- | -6.00M -20.00% | -1.00M -- | -1.00M -- | -1.00M -- | 0 +100.00% | -- -- | -- -- | -- -- | 0 -- | -- -- | 0 -- | 0 -- | 3.00M -- | -- -- | 2.00M -- | 2.00M -- | 0 -100.00% | -- -- |
Gain (Loss) on Other Investment | -- -- | 0 -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | 0 -- | -- -- | -- -- | -- -- | 0 -- | -- -- | -- -- | -- -- | 39.00M -- | -- -- |
Gain (Loss) on Change in Fair Value | -- -- | 0 -- | -- -- | -- -- | -- -- | 0 -- | -- -- | -- -- | -- -- | 0 -- | -- -- | -- -- | -- -- | 8.00M -- | -- -- | -- -- | 39.00M -- | -10.00M -225.00% | 18.00M -- | -10.00M -- | -22.00M -156.41% | -42.00M -320.00% | 74.00M +311.11% | 32.00M +420.00% | -26.00M -18.18% | 16.00M +138.10% | 96.00M -- |
Gain (Loss) on Foreign Currency Exchange | -- -- | -- -- | -- -- | -- -- | -- -- | 12.00M -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- |
Other Non-Operating Income (Loss) | -- -- | 0 -- | -- -- | -- -- | -- -- | 2.00M -- | 24.93M -- | -- -- | -- -- | -46.00M -2400.00% | -- -- | 38.00M -- | -11.00M -- | -26.00M +43.48% | 8.00M -- | -24.00M -163.16% | -9.00M +18.18% | -1.00M +96.15% | 7.00M -12.50% | -1.00M +95.83% | -53.00M -488.89% | 26.00M +2700.00% | -11.00M -257.14% | -11.00M -1000.00% | -4.00M +92.45% | -5.00M -119.23% | -31.00M -- |
Net Interest Expense | -- -- | 0 -- | -- -- | -- -- | -- -- | 26.00M -- | 615 -- | 13.00M -- | 13.00M -- | 15.00M -42.31% | 19.00M +3089330.89% | 24.00M +84.62% | 26.00M +100.00% | 29.00M +93.33% | 34.00M +78.95% | 35.00M +45.83% | 36.00M +38.46% | 35.00M +20.69% | 33.00M -2.94% | 30.00M -14.29% | 26.00M -27.78% | 20.00M -42.86% | 22.00M -33.33% | 21.00M -30.00% | 22.00M -15.38% | 22.00M +10.00% | 87.00M -- |
Interest Expense | -- -- | 0 -- | -- -- | -- -- | -- -- | 27.00M -- | 615 -- | 13.00M -- | 13.00M -- | 16.00M -40.74% | 19.00M +3089330.89% | 24.00M +84.62% | 26.00M +100.00% | 29.00M +81.25% | 34.00M +78.95% | 35.00M +45.83% | 36.00M +38.46% | 36.00M +24.14% | 33.00M -2.94% | 32.00M -8.57% | 28.00M -22.22% | 22.00M -38.89% | 24.00M -27.27% | 23.00M -28.13% | 24.00M -14.29% | 24.00M +9.09% | 95.00M -- |
Interest Income | -- -- | -- -- | -- -- | -- -- | -- -- | 1.00M -- | -- -- | -- -- | -- -- | 1.00M -- | -- -- | -- -- | -- -- | 0 -100.00% | -- -- | -- -- | 0 -- | 1.00M -- | 0 -- | 2.00M -- | 2.00M -- | 2.00M +100.00% | 2.00M -- | 2.00M -- | 2.00M -- | 2.00M -- | 8.00M -- |
Pretax Income From Continuing Operations | -- -- | 0 -- | -1.85K -- | 0 -- | -10.00K -- | -763.99M -- | 20.28M +1094120.82% | -128.00M -- | -137.00M -1369900.00% | -260.00M +65.97% | -116.00M -671.90% | -6.00M +95.31% | -83.00M +39.42% | -85.00M +67.31% | -35.00M +69.83% | -57.00M -850.00% | -10.00M +87.95% | -43.00M +49.41% | 8.00M +122.86% | 1.00M +101.75% | -74.00M -640.00% | -3.00M +93.02% | 96.00M +1100.00% | 36.00M +3500.00% | -38.00M +48.65% | 57.00M +2000.00% | 151.00M -- |
Income Tax Expense | -- -- | 0 -- | -- -- | -- -- | -- -- | -145.00M -- | -- -- | -73.00M -- | -31.00M -- | -60.00M +58.62% | -25.00M -- | -4.00M +94.52% | -10.00M +67.74% | -22.00M +63.33% | -8.00M +68.00% | -2.00M +50.00% | -2.00M +80.00% | 3.00M +113.64% | 27.00M +437.50% | -26.00M -1200.00% | 54.00M +2800.00% | 11.00M +266.67% | 21.00M -22.22% | 21.00M +180.77% | 24.00M -55.56% | -26.00M -336.36% | 40.00M -- |
Current Income Tax | -- -- | -- -- | -- -- | -- -- | -- -- | -35.00M -- | -- -- | -- -- | -- -- | -8.00M +77.14% | -- -- | -- -- | -- -- | 4.00M +150.00% | -- -- | -- -- | -- -- | 21.00M +425.00% | -- -- | -- -- | -- -- | 32.00M +52.38% | -- -- | -- -- | -- -- | 55.00M +71.88% | -- -- |
Deferred Income Tax | -- -- | -- -- | -- -- | -- -- | -- -- | -110.00M -- | -- -- | -- -- | -- -- | -178.00M -61.82% | -- -- | -- -- | -- -- | -65.00M +63.48% | -- -- | -- -- | -- -- | -30.00M +53.85% | -- -- | -- -- | -- -- | 34.00M +213.33% | -- -- | -- -- | -- -- | -15.00M -144.12% | -- -- |
Net Income | -- -- | 0 -- | -1.85K -- | 0 -- | -10.00K -- | -618.99M -- | 20.28M +1094120.82% | -55.00M -- | -106.00M -1059900.00% | -200.00M +67.69% | -91.00M -548.65% | -2.00M +96.36% | -73.00M +31.13% | -63.00M +68.50% | -27.00M +70.33% | -55.00M -2650.00% | -8.00M +89.04% | -46.00M +26.98% | -19.00M +29.63% | 27.00M +149.09% | -128.00M -1500.00% | -14.00M +69.57% | 75.00M +494.74% | 15.00M -44.44% | -62.00M +51.56% | 83.00M +692.86% | 111.00M -- |
Net Income Attributable to Minority Interests | -- -- | -- -- | -- -- | -- -- | -- -- | -619.00M -- | -- -- | -55.00M -- | -106.00M -- | -200.00M +67.69% | -91.00M -- | -23.00M +58.18% | -53.00M +50.00% | -37.00M +81.50% | -25.00M +72.53% | -41.00M -78.26% | -8.00M +84.91% | 1.00M +102.70% | 0 +100.00% | 1.00M +102.44% | 1.00M +112.50% | 2.00M +100.00% | 0 -- | 2.00M +100.00% | 0 -100.00% | 0 -100.00% | 2.00M -- |
Net Income Attributable to Owners of the Company | -- -- | 0 -- | -1.85K -- | 0 -- | -10.00K -- | 11.85K -- | 20.28M +1094120.82% | 0 -- | 0 +100.00% | 0 -100.00% | 0 -100.00% | 21.00M -- | -20.00M -- | -26.00M -- | -2.00M -- | -14.00M -166.67% | 0 +100.00% | -47.00M -80.77% | -19.00M -850.00% | 26.00M +285.71% | -129.00M -- | -16.00M +65.96% | 75.00M +494.74% | 13.00M -50.00% | -62.00M +51.94% | 83.00M +618.75% | 109.00M -- |
Net Income Attributable to Common Stockholders | -- -- | 0 -- | -1.85K -- | -- -- | -10.00K -- | 11.85K -- | 20.28M +1094120.82% | 0 -- | 0 +100.00% | 0 -100.00% | 0 -100.00% | 21.00M -- | -20.00M -- | -26.00M -- | -2.00M -- | -14.00M -166.67% | 0 +100.00% | -47.00M -80.77% | -19.00M -850.00% | 26.00M +285.71% | -129.00M -- | -16.00M +65.96% | 75.00M +494.74% | 13.00M -50.00% | -62.00M +51.94% | 83.00M +618.75% | 109.00M -- |
Other Comprehensive Income | -- -- | 0 -- | -- -- | -- -- | -- -- | -81.00M -- | -- -- | 7.00M -- | -11.00M -- | 30.00M +137.04% | -7.00M -- | -69.00M -1085.71% | -39.00M -254.55% | 193.00M +543.33% | -4.00M +42.86% | 15.00M +121.74% | -18.00M +53.85% | -12.00M -106.22% | -21.00M -425.00% | -4.00M -126.67% | 34.00M +288.89% | -52.00M -333.33% | 14.00M +166.67% | 46.00M +1250.00% | -7.00M -120.59% | 18.00M +134.62% | 71.00M -- |
Total Comprehensive Income | -- -- | 0 -- | -- -- | -- -- | -- -- | -700.00M -- | -- -- | -48.00M -- | -117.00M -- | -170.00M +75.71% | -98.00M -- | -71.00M -47.92% | -112.00M +4.27% | 130.00M +176.47% | -31.00M +68.37% | -40.00M +43.66% | -26.00M +76.79% | -58.00M -144.62% | -40.00M -29.03% | 23.00M +157.50% | -94.00M -261.54% | -66.00M -13.79% | 89.00M +322.50% | 61.00M +165.22% | -69.00M +26.60% | 101.00M +253.03% | 182.00M -- |
Total Comprehensive Income Attributable to Minority Interests | -- -- | -- -- | -- -- | -- -- | -- -- | -700.00M -- | -- -- | -48.00M -- | -117.00M -- | -170.00M +75.71% | -98.00M -- | -88.00M -83.33% | -87.00M +25.64% | 128.00M +175.29% | -29.00M +70.41% | -28.00M +68.18% | -3.00M +96.55% | 1.00M -99.22% | 0 +100.00% | 1.00M +103.57% | 1.00M +133.33% | 2.00M +100.00% | 0 -- | 2.00M +100.00% | 0 -100.00% | 0 -100.00% | 2.00M -- |
Total Comprehensive Income Attributable to Owners of the Company | -- -- | -1.85K -- | -- -- | -- -- | -- -- | 0 +100.00% | -- -- | 0 -- | 0 -- | 0 -- | 0 -- | 17.00M -- | -25.00M -- | 2.00M -- | -2.00M -- | -12.00M -170.59% | -23.00M +8.00% | -59.00M -3050.00% | -40.00M -1900.00% | 22.00M +283.33% | -95.00M -313.04% | -68.00M -15.25% | 89.00M +322.50% | 59.00M +168.18% | -69.00M +27.37% | 101.00M +248.53% | 180.00M -- |
Basic EPS | 0 -- | -- -- | 0 -- | -- -- | 0 -- | 0 -- | 0.2 -- | 0 -- | 0 -- | 0 -- | -0.89 -545.00% | 0.44 -- | -0.43 -- | -0.06 -- | -0.03 +96.63% | -0.23 -152.27% | 0 +100.00% | -0.1 -66.67% | -0.04 -33.33% | 0.06 +126.09% | -0.28 -- | -0.03 +70.00% | 0.16 +500.00% | 0.03 -50.00% | -0.13 +53.57% | 0.16 +633.33% | 0.22 -- |
Basic EPS from Continuing Operations | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | 0 -- | -- -- | -0.04 -- | 0.06 -- | -0.28 -- | -- -- | 0.16 +500.00% | 0.03 -50.00% | -0.13 +53.57% | -- -- | -- -- |
Diluted EPS | 0 -- | -- -- | 0 -- | -- -- | 0 -- | -- -- | 0.2 -- | -- -- | -- -- | -- -- | -- -- | -- -- | -0.43 -- | -- -- | -0.06 -- | -0.23 -- | -0.02 +95.35% | -- -- | -0.04 +33.33% | 0.06 +126.09% | -0.28 -1300.00% | -- -- | 0.16 +500.00% | 0.03 -50.00% | -0.13 +53.57% | -- -- | -- -- |
Diluted EPS from Continuing Operations | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -0.02 -- | -- -- | -0.04 -- | 0.06 -- | -0.28 -1300.00% | -- -- | 0.16 +500.00% | 0.03 -50.00% | -0.13 +53.57% | -- -- | -- -- |
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