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Companies / Industrials / Global Business Travel Group, Inc.
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Global Business Travel Group, Inc.

IndustrialsTransportation & UtilitiesDeregistered 2026-10-09
Ticker —NEW YORK, NYFiscal year ends DecemberBook value per share $3.15Diluted shares 519.5M

Global Business Travel Group, Inc., which operates as American Express Global Business Travel (Amex GBT), provides technology and services for business travel, expense management, and meetings and events. It connects corporate clients and their travelers with airlines, hotels, rail, car rental and other travel… From the company’s description.

Over the twelve months to Jun 30, 2026, Global Business Travel Group, Inc. reported revenue of $3.18B, up 30.2% from a year earlier, and net income of $92.00M. Its operating margin was 2.1%, and operations generated $250.00M in cash. In fiscal 2025, it reported revenue of $2.72B, up 12.2% from fiscal 2024, and net income of $111.00M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$2.72BFY2025
+12.2% year over year
Last 12 mo $3.18B
4.78%FY2025
No change, year over year
Last 12 mo 2.14%
$111.00MFY2025
+182.8% year over year
Last 12 mo $92.00M
9.13%FY2025
+22.2 percentage points
Last 12 mo 19.96%
Cash & financing
$233.00MFY2025
−14.3% year over year
Last 12 mo $250.00M
$104.00MFY2025
−37.0% year over year
Last 12 mo $102.00M
0.88FY2025
Was 1.32× a year earlier
Last 12 mo 0.92
492.8MFY2025
+6.5% year over year
Last 12 mo 519.5M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Global Business Travel Group, Inc. does

In the company’s own words

Global Business Travel Group, Inc., which operates as American Express Global Business Travel (Amex GBT), provides technology and services for business travel, expense management, and meetings and events. It connects corporate clients and their travelers with airlines, hotels, rail, car rental and other travel suppliers through a marketplace, booking tools, travel management, 24/7 traveler support, consulting and event services. Clients range from small and midsize businesses to large companies and government agencies; suppliers use the marketplace to reach business travelers. The company offers solutions under brands including Amex GBT Egencia, Amex GBT Neo, Amex GBT Select, Amex GBT Ovation, CWTSatoTravel and Lawyers Travel. It also provides Meetings & Events and Consulting services. Revenue is generated through travel transaction fees and product and professional service offerings; transaction-related travel revenue represented 79% of total revenue in 2025. Following its formation in 2014, acquisitions expanded its technology, service capabilities and brands, including the 2025 acquisition of CWT. In 2025, revenue was $2.72 billion, and the company had more than 27,000 employees worldwide. Its website is https://www.amexglobalbusinesstravel.com/.

Company details
Sector
Industrials
Industry (SIC)
Transportation & Utilities
Headquarters
NEW YORK, NY
Fiscal year end
December
CIK
1820872
SIC
4700

Financial performance, year by year

Fiscal 2020–2025 · USD
$-840.10M$255.20M$1.35B$2.45B$3.54B202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Global Business Travel Group, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

175
funds hold it
0 of 35
superinvestors hold it
$352.26M
held by funds, at market

Largest fund holders · Global Business Travel Group, Inc.’s weight in each

Nexpoint Merger Arbitrage Fund
HMEAX · NexPoint Funds I
4.96%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.02%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.04%of fund net assets
VANGUARD SMALL-CAP GROWTH INDEX FUND
VBK · VANGUARD INDEX FUNDS
0.04%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do Global Business Travel Group, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Global Business Travel Group, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Global Business Travel Group, Inc.'s last four quarterly filings that the numbers alone won't show?”
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