GBTG · As filed with the SEC

Global Business Travel Group balance sheet, 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 BALANCE SHEETS · USD millions

USD millions	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022
Assets
Current assets:
Cash and cash equivalents	434	536	476	303
Accounts receivable (net of allowance for credit losses of $9 and $10 as of December 31, 2025 and 2024, respectively)	869	571	726	765
Due from affiliates	—	—	—	36,000,000
Due from affiliates	51	46	42	—
Prepaid expenses and other current assets	215	128	116	130
Total current assets	1,569	1,281	1,360	1,234
Property and equipment, net	—	232	232	—
Property and equipment, net	308	—	—	218
Equity method investments	43	14	14	14
Goodwill	1,671	1,201	1,212	1,188
Other intangible assets, net	851	480	552	636
Operating lease right-of-use assets	66	59	50	58
Deferred tax assets	298	268	281	333
Other non-current assets	110	89	50	47
Total assets	4,916	3,624	3,751	3,728
Liabilities and shareholders’ equity
Current liabilities:
Accounts payable	515	263	302	253
Due to affiliates	—	—	—	48,000,000
Due to affiliates	25	22	39	—
Accrued expenses and other current liabilities	757	461	466	452
Current portion of operating lease liabilities	26	15	17	17
Current portion of long-term debt	58	19	7	3
Total current liabilities	1,381	780	831	773
Long-term debt, net of unamortized debt discount and debt issuance costs	1,360	1,365	1,355	1,219
Deferred tax liabilities	99	36	5	24
Pension liabilities	163	156	183	147
Long-term operating lease liabilities	62	63	55	61
Earnout derivative liabilities	37	133	77	90
Other non-current liabilities	153	34	33	43
Total liabilities	3,255	2,567	2,539	2,357
Redeemable non-controlling interest	49	—	—	—
Shareholders’ equity:
Class A common stock	0	0	0	0
Class B common stock	—	—	0	0
Voting ordinary shares	—	—	—	0
Non-voting ordinary shares	—	—	—	0
Profit shares	—	—	—	0
Additional paid-in-capital	3,277	2,827	2,748	334
Accumulated deficit	(1,466)	(1,575)	(1,437)	(175)
Accumulated other comprehensive loss	(75)	(146)	(103)	(7)
Treasury shares, at cost (17,253,780 shares and 8,000,000 shares as of December 31, 2025 and December 31, 2024, respectively)	(128)	(55)	—	—
Total equity of the Company’s shareholders	1,608	1,051	1,208	152
Equity attributable to non-controlling interest in subsidiaries	4	6	4	1,219
Total shareholders’ equity	1,612	1,057	1,212	1,371
Total liabilities and shareholders’ equity	4,916	3,624	3,751	3,728

As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.