GBTG · As filed with the SEC
Global Business Travel Group balance sheet, by quarter
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 | Q2 2026 Jun 30, 2026 | Q1 2026 Mar 31, 2026 | Q4 2025 Dec 31, 2025 | Q3 2025 Sep 30, 2025 |
|---|---|---|---|---|
| Assets | ||||
| Current assets: | ||||
| Cash and cash equivalents | 518 | 442 | 434 | 427 |
| Accounts receivable (net of allowance for credit losses of $11 and $9 as of June 30, 2026 and December 31, 2025, respectively) | 968 | 1,007 | 869 | 930 |
| Due from affiliates | 66 | 54 | 51 | — |
| Related Party | — | — | — | 54 |
| Prepaid expenses and other current assets | 237 | 254 | 215 | 211 |
| Total current assets | 1,789 | 1,757 | 1,569 | 1,622 |
| Property and equipment, net | 308 | 302 | 308 | 304 |
| Equity method investments | 48 | 44 | 43 | 56 |
| Goodwill | 1,663 | 1,663 | 1,671 | 1,559 |
| Other intangible assets, net | 800 | 821 | 851 | 758 |
| Operating lease right-of-use assets | 60 | 62 | 66 | 68 |
| Deferred tax assets | 318 | 330 | 298 | 265 |
| Other non-current assets | 91 | 100 | 110 | 128 |
| Total assets | 5,077 | 5,079 | 4,916 | 4,760 |
| Liabilities and shareholders’ equity | ||||
| Current liabilities: | ||||
| Accounts payable | 619 | 603 | 515 | 556 |
| Due to affiliates | 36 | 23 | 25 | 11 |
| Related Party | — | — | — | 30 |
| Accrued expenses and other current liabilities | 758 | 781 | 757 | 691 |
| Current portion of operating lease liabilities | 23 | 25 | 26 | 22 |
| Current portion of long-term debt | 61 | 62 | 58 | 23 |
| Total current liabilities | 1,497 | 1,494 | 1,381 | 1,322 |
| Long-term debt, net of unamortized debt discount and debt issuance costs | 1,451 | 1,455 | 1,360 | 1,366 |
| Deferred tax liabilities | 98 | 106 | 99 | 62 |
| Pension liabilities | 148 | 154 | 163 | 181 |
| Long-term operating lease liabilities | 64 | 64 | 62 | 64 |
| Earnout derivative liabilities | 0 | 6 | 37 | 53 |
| Other non-current liabilities | 128 | 136 | 153 | 178 |
| Total liabilities | 3,386 | 3,415 | 3,255 | 3,226 |
| Redeemable non-controlling interest | 46 | 50 | 49 | — |
| Shareholders’ equity: | ||||
| Class A common stock | — | — | 0 | — |
| Class A common stock (par value $0.0001; 3,000,000,000 shares authorized; 547,016,649 and 538,342,297 shares issued, 522,285,480 and 521,088,517 shares outstanding as of June 30, 2026 and December 31, 2025, respectively) | — | — | — | 0 |
| Class A common stock | 0 | 0 | — | — |
| Additional paid-in capital | 3,293 | 3,273 | 3,277 | 3,260 |
| Accumulated deficit | (1,399) | (1,414) | (1,466) | (1,549) |
| Accumulated other comprehensive loss | (80) | (84) | (75) | (93) |
| Treasury shares, at cost (12,275,150 and 8,000,000 shares as of September 30, 2025 and December 31, 2024, respectively) | — | — | — | (89) |
| Treasury shares, at cost (24,731,169 and 17,253,780 shares as of June 30, 2026 and December 31, 2025, respectively) | (175) | (166) | (128) | — |
| Total equity of the Company’s shareholders | 1,639 | 1,609 | 1,608 | 1,529 |
| Equity attributable to non-controlling interest in subsidiaries | 6 | 5 | 4 | 5 |
| Total shareholders’ equity | 1,645 | 1,614 | 1,612 | 1,534 |
| Total liabilities, redeemable non-controlling interest and shareholders’ equity | 5,077 | 5,079 | 4,916 | 4,760 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.