GBTG
Global Business Travel Group, Inc.7.92
-0.01-0.13%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
4.19BP/E (TTM)
792.00Basic EPS (TTM)
0.01Dividend Yield
0%Recent Filings
10-Q
8-K
8-K
Amex GBT seals CWT deal
Global Business Travel Group completed its acquisition of CWT on September 2, 2025, issuing 50,357,742 shares of common stock and placing $15 million in escrow for adjustments, while holding back 400,000 shares tied to business restructuring claims. The deal, valued at $540 million cash-free debt-free, integrates CWT's customers into Amex GBT's software and services platform, promising expanded choice and value. Synergies could hit $155 million annually within three years. Integration risks loom large.
8-K
Q2 beats, raised guidance
Amex GBT reported Q2 2025 revenue of $631 million, up 1% year over year, with Adjusted EBITDA rising 4% to $133 million and margin expanding 70 basis points to 21%. The company raised its full-year guidance to 2-4% revenue growth and $505-540 million in Adjusted EBITDA, while the CWT acquisition now eyes a Q3 close after DOJ litigation dismissal. Strong retention at 95% fuels share gains. Integration risks loom post-close.
10-Q
Q2 FY2025 results
Global Business Travel Group posted steady revenue growth in Q2 FY2025 ended June 30, 2025, with $631M up 1% y/y from $625M, driven by a 4% rise in product and professional services while travel revenue held flat; operating income dipped 19% y/y to $34M amid $12M restructuring charges, yet margins held firm at 5.4%. YTD through June, revenue climbed 1% y/y to $1,252M, operating income surged 53% y/y to $89M, and diluted EPS rose to $0.19 from $0.01 on 476M shares, reconciling cleanly with no anti-dilution flags. Cash swelled to $601M, free cash flow hit $53M (operating cash $110M minus $57M capex, derived), with $1.4B term debt at 6.7% effective rate maturing 2031 and full $360M revolver availability. The pending CWT merger, valued at $540M (cash and 50M shares at $7.50), cleared DOJ hurdles and eyes Q3 close. Still, regulatory scrutiny in travel persists.
IPO
Sector
Industry
ABNB
Airbnb, Inc.
132.01+0.20
BKNG
Booking Holdings Inc. Common St
5436.93-20.77
EXPE
Expedia Group, Inc.
285.02+1.57
KHOB
-
2.50+0.00
MMYT
MakeMyTrip Limited
85.80+1.21
NTRP
NextTrip, Inc.
3.10+0.10
NUTR
Nusatrip Incorporated
9.00+0.00
TRIP
TripAdvisor, Inc.
14.95+0.02
WEBJF
WEBJET LTD
0.93+0.00
YTRA
Yatra Online, Inc.
1.76-0.15