← Global Business Travel Group, Inc.
| Annual Trend | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $1.9b |
$2.3b
+23.72%
|
$2.4b
+5.81%
|
$2.7b
+12.17%
|
$3.2b
+16.85%
|
|
| Cost of revenue (excluding depreciation and amortization shown separately below) | $529.0m |
$477.0m
-9.83%
|
$832.0m
+74.42%
|
$958.0m
+15.14%
|
$967.0m
+0.94%
|
$1.1b
+12.20%
|
$1.3b
+21.47%
|
|
| Gross Profit | ($529.0m) |
($477.0m)
+9.83%
|
$1.0b
+313.63%
|
$1.3b
+30.72%
|
$1.5b
+9.31%
|
$1.6b
+12.16%
|
$1.9b
+13.78%
|
|
| Sales and marketing | $199.0m | $201.0m | $337.0m | $393.0m | $400.0m | $442.0m | — | |
| General and administrative | $537k | $12.7m | $313.0m | $306.0m | $308.0m | $290.0m | $361.0m | |
| Restructuring and other exit charges | $206.0m | $14.0m | ($3.0m) | $42.0m | $13.0m | $52.0m | — | |
| Total operating expenses | $583k | $12.9m | $2.0b | $2.3b | $2.3b | $2.6b | $3.0b | |
| Operating income (loss) | ($747.0m) |
($560.0m)
+25.03%
|
($198.0m)
+64.64%
|
($8.0m)
+95.96%
|
$115.0m
+1537.50%
|
$130.0m
+13.04%
|
$189.0m
+45.38%
|
|
| Interest expense | ($414) | ($5k) | ($98.0m) | ($141.0m) | ($115.0m) | ($95.0m) | $100.0m | |
| Interest income | $176k | $371k | $0 | $1.0m | $6.0m | $8.0m | $6.0m | |
| Income (loss) before income taxes and share of income from equity method investments | ($759.0m) | ($653.0m) | ($287.0m) | ($145.0m) | ($71.0m) | $147.0m | — | |
| Share of income from equity method investments | ($5.0m) | ($8.0m) | ($3.0m) | $0 | $3.0m | $4.0m | — | |
| (Provision for) benefit from income taxes | $145.0m | $186.0m | $61.0m | $9.0m | ($66.0m) | ($40.0m) | — | |
| Net income (loss) | ($19.6m) |
$6.2m
+131.56%
|
($229.0m)
-3793.61%
|
($136.0m)
+40.61%
|
($134.0m)
+1.47%
|
$111.0m
+182.84%
|
$88.0m
-20.72%
|
|
| Less: net income (loss) attributable to non-controlling interests in subsidiaries | ($619.0m) | ($475.0m) | ($204.0m) | ($73.0m) | $4.0m | $2.0m | — | |
| Net income (loss) attributable to the Company’s Class A common stockholders | ($19.6m) | $0 | ($25.0m) | ($63.0m) | ($138.0m) | $109.0m | $88.0m | |
| Basic income (loss) per share attributable to the Company’s Class A common stockholders (in dollars per share) | ($1) | $0 | ($0) | ($0) | ($0) | $0 | — | |
| Diluted income (loss) per share attributable to the Company’s Class A common stockholders (in dollars per share) | ($1) | $0 | ($1) | ($0) | ($0) | $0 | — | |
| Weighted average number of shares outstanding - Basic (in shares) | 37.8m | 102.1m | 51.3m | 251.6m | 462.7m | 484.5m | 507.0m | |
| Weighted average number of shares outstanding - Diluted (in shares) | 37.8m | 102.1m | 445.7m | 458.1m | 462.7m | 492.8m | 514.4m | |
| Technology and content | $277.0m | $264.0m | $388.0m | $405.0m | $442.0m | $527.0m | — | |
| Depreciation and amortization | $148.0m | $154.0m | $182.0m | $194.0m | $178.0m | $192.0m | $225.0m | |
| Loss on early extinguishment of debt | — | ($49.0m) | $0 | $0 | ($38.0m) | ($2.0m) | — | |
| Fair value movement on earnout derivative liabilities | — | — | — | $13.0m | ($56.0m) | $96.0m | — | |
| Gain on remeasurement of previously held equity interest | — | — | — | $0 | $0 | $39.0m | — | |
| Other (loss) income, net | ($19.1m) | $19.1m | $1.0m | ($10.0m) | $17.0m | ($29.0m) | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.