Global Business Travel Group Operating Expenses Growth & History (GBTG)
Global Business Travel Group's operating expenses was $2.59B for fiscal 2025.
View full Global Business Travel Group company overviewGlobal Business Travel Group annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $2.59B | $280.0M | +12.13% |
| 2024 | 2024-12-31 | $2.31B | $10.0M | +0.44% |
| 2023 | 2023-12-31 | $2.30B | $249.0M | +12.15% |
| 2022 | 2022-12-31 | $2.05B | $726.0M | +54.88% |
| 2021 | 2021-12-31 | $1.32B | $1.32B | +226719.57% |
| 2020 | 2020-12-31 | $583,283 | $581,430 | +31377.77% |
| 2019 | 2019-12-31 | $1,853 | — | — |
Global Business Travel Group quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $846.0M | $249.0M | +41.71% |
| Q1 2026 | 2026-03-31 | $837.0M | $271.0M | +47.88% |
| Q4 2025 | 2025-12-31 | $763.0M | $202.0M | +36.01% |
| Q3 2025 | 2025-09-30 | $662.0M | $92.0M | +16.14% |
| Q2 2025 | 2025-06-30 | $597.0M | $14.0M | +2.40% |
| Q1 2025 | 2025-03-31 | $566.0M | −$28.0M | −4.71% |
| Q4 2024 | 2024-12-31 | $561.0M | $15.0M | +2.75% |
| Q3 2024 | 2024-09-30 | $570.0M | −$5.0M | −0.87% |
| Q2 2024 | 2024-06-30 | $583.0M | −$7.0M | −1.19% |
| Q1 2024 | 2024-03-31 | $594.0M | $7.0M | +1.19% |
| Q4 2023 | 2023-12-31 | $546.0M | −$19.0M | −3.36% |
| Q3 2023 | 2023-09-30 | $575.0M | $42.0M | +7.88% |
| Q2 2023 | 2023-06-30 | $590.0M | $85.0M | +16.83% |
| Q1 2023 | 2023-03-31 | $587.0M | $141.0M | +31.61% |
| Q4 2022 | 2022-12-31 | $565.0M | −$165.4M | −22.64% |
| Q3 2022 | 2022-09-30 | $533.0M | $212.0M | +66.04% |
| Q2 2022 | 2022-06-30 | $505.0M | $238.0M | +89.14% |
| Q1 2022 | 2022-03-31 | $446.0M | $441.4M | +9506.24% |
| Q4 2021 | 2021-12-31 | $730.4M | $729.8M | +127712.41% |
| Q3 2021 | 2021-09-30 | $321.0M | $321.0M | +3209900.00% |
| Q2 2021 | 2021-06-30 | $267.0M | $267.0M | — |
| Q1 2021 | 2021-03-31 | $4.6M | $4.6M | +250321.47% |
| Q4 2020 | 2020-12-31 | $571,429 | — | — |
| Q3 2020 | 2020-09-30 | $10,000 | — | — |
| Q2 2020 | 2020-06-30 | $0 | — | — |
| Q1 2020 | 2020-03-31 | $1,854 | — | — |
Global Business Travel Group operating expenses trends
Over the last five fiscal years, Global Business Travel Group's operating expenses increased from $583,283 to $2.59B, a change of $2.59B. The latest reported quarter, Q2 2026, shows $846.0M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Global Business Travel Group source filings ↗