GBTG · As filed with the SEC
Global Business Travel Group income statement, by fiscal year
The statement as Global Business Travel Group presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
CONSOLIDATED STATEMENTS OF OPERATIONS · USD millions, except per-share amounts
| USD millions, except per-share amounts | FY2025 Year ended Dec 31, 2025 | FY2024 Year ended Dec 31, 2024 | FY2023 Year ended Dec 31, 2023 | FY2022 Year ended Dec 31, 2022 | FY2021 Year ended Dec 31, 2021 | FY2020 Year ended Dec 31, 2020 |
|---|---|---|---|---|---|---|
| Revenue | 2,718 | 2,423 | 2,290 | 1,851 | 763 | 793 |
| Costs and expenses: | ||||||
| Cost of revenue (excluding depreciation and amortization shown separately below) | 1,085 | 967 | 958 | 832 | 477 | 529 |
| Sales and marketing | 442 | 400 | 393 | 337 | 201 | 199 |
| Technology and content | 527 | 442 | 405 | 388 | 264 | 277 |
| General and administrative | 290 | 308 | 306 | 313 | 213 | 181 |
| Restructuring and other exit charges | 52 | 13 | 42 | (3) | 14 | 206 |
| Depreciation and amortization | 192 | 178 | 194 | 182 | 154 | 148 |
| Total operating expenses | 2,588 | 2,308 | 2,298 | 2,049 | 1,323 | 1,540 |
| Operating income (loss) | 130 | 115 | (8) | (198) | (560) | (747) |
| Interest income | 8 | 6 | 1 | — | 1 | 1 |
| Interest expense | — | — | (141) | (98) | (53) | (27) |
| Interest expense | (95) | (115) | — | — | — | — |
| Loss on early extinguishment of debt | (2) | (38) | 0 | — | (49) | — |
| Fair value movement on earnout and warrant derivative liabilities | — | (56) | 13 | 8 | 0 | — |
| Fair value movement on earnout derivative liabilities | 96 | — | — | — | — | — |
| Gain on remeasurement of previously held equity interest | 39 | — | — | — | — | — |
| Other (loss) income, net | (29) | 17 | (10) | 1 | 8 | 14 |
| Income (loss) before income taxes and share of income from equity method investments | 147 | (71) | (145) | (287) | (653) | (759) |
| (Provision for) benefit from income taxes | (40) | (66) | 9 | 61 | 186 | 145 |
| Share of income from equity method investments | 4 | 3 | 0 | (3) | (8) | (5) |
| Net income (loss) | 111 | (134) | (136) | (229) | (475) | (619) |
| Less: net income (loss) attributable to non-controlling interests in subsidiaries | 2 | 4 | (73) | (204) | (475) | (619) |
| Net income (loss) attributable to the Company’s Class A common stockholders | 109 | (138) | (63) | (25) | 0 | — |
| Basic income (loss) per share attributable to the Company’s Class A common stockholders (in dollars per share) | 0.22 | (0.30) | (0.25) | (0.50) | — | — |
| Weighted average number of shares outstanding - Basic (in shares) | 484,518,813 | 462,695,229 | 251,645,498 | 51,266,570 | — | — |
| Diluted income (loss) per share attributable to the Company’s Class A common stockholders (in dollars per share) | 0.22 | (0.30) | (0.30) | (0.51) | — | — |
| Weighted average number of shares outstanding - Diluted (in shares) | 492,791,804 | 462,695,229 | 458,055,525 | 445,715,051 | — | — |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.