Global Business Travel Group, Inc. (GBTG) Revenue History
Annual and quarterly revenue from 2019 to 2025
Compound Annual Growth Rate (CAGR)
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GBTG Revenue Growth
Revenue Breakdown (FY 2025)
GBTG's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
GBTG Revenue Analysis (2019–2025)
As of May 6, 2026, Global Business Travel Group, Inc. (GBTG) generated trailing twelve-month (TTM) revenue of $2.94 billion, reflecting explosive growth of +35.3% year-over-year. The most recent quarter (Q1 2026) recorded $840.0 million in revenue, up 6.1% sequentially.
Looking at the longer-term picture, GBTG's 5-year compound annual growth rate (CAGR) stands at +27.9%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $2.72 billion in 2025, representing a new all-time high.
Revenue diversification analysis shows GBTG's business is primarily driven by Product and Service, Other (100%). With over half of revenue concentrated in Product and Service, Other, the company maintains significant focus in this area while developing other growth vectors.
When compared to Technology sector peers including SABR (-3.8% YoY), TRVG (+18.9% YoY), and MMYT (+11.1% YoY), GBTG has outperformed the peer group in terms of revenue growth. Compare GBTG vs SABR →
GBTG Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| GBTGCurrent | $2.9B | +35.3% | +27.9% | 6.7% | |
 SABR | $2.8B | -3.8% | +15.7% | 12.7% | |
 TRVG | $549M | +18.9% | +17.1% | 0.3% | |
 MMYT | $978M | +11.1% | +13.8% | 12.3% | |
 TRIP | $1.9B | +3.1% | +25.6% | 4.2% | |
 TNL | $4.0B | +4.3% | +13.2% | 17.8% |
GBTG Historical Revenue Data (2019–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $2.72B | +12.2% | $1.63B | 60.1% | $182.0M | 6.7% |
| 2024 | $2.42B | +5.8% | $1.46B | 60.1% | $115.0M | 4.7% |
| 2023 | $2.29B | +23.7% | $1.33B | 58.2% | $-8,000,000 | -0.3% |
| 2022 | $1.85B | +142.6% | $1.02B | 55.1% | $-198,000,000 | -10.7% |
| 2021 | $763.0M | -3.8% | $286.0M | 37.5% | $-560,000,000 | -73.4% |
| 2020 | $793.0M | -62.6% | $264.0M | 33.3% | $-747,000,000 | -94.2% |
| 2019 | $2.12B | - | $1.24B | 58.5% | $206.0M | 9.7% |
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Start ComparisonGBTG — Frequently Asked Questions
Quick answers to the most common questions about buying GBTG stock.
Is GBTG's revenue growth accelerating or slowing?
GBTG revenue is accelerating at +35.3% year-over-year, exceeding the 5-year CAGR of +27.9%. TTM revenue reached $2.9B. Growth momentum has increased versus prior periods.
What is GBTG's long-term revenue growth rate?
Global Business Travel Group, Inc.'s 5-year revenue CAGR of +27.9% reflects the sustained expansion pattern. Current YoY growth of +35.3% is above this long-term average.
How is GBTG's revenue distributed by segment?
GBTG reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2019-2025 are available for download. Segment mix reveals concentration and diversification trends.