Global Business Travel Group, Inc. filings document the public-company record for Amex GBT, including operating results, capital structure, material agreements, and governance matters. Form 8-K reports cover quarterly and annual financial results, share repurchase authorization disclosures, and amendments to the company’s senior secured credit agreement.
Proxy materials describe board and shareholder voting matters, executive compensation, equity awards, and governance practices. The filings also identify the company’s Class A common stock trading on the New York Stock Exchange under GBTG and provide formal disclosure around credit facilities, financial-condition updates, exhibits, and related risk and control considerations.
Global Business Travel Group, Inc. reports full-year 2025 results as a leading corporate travel and expense platform. The company generated total transaction value of approximately $36.3 billion, with revenue of $2.72 billion, net income of $111 million and Adjusted EBITDA of $532 million.
GBTG serves diversified enterprise and SME clients, with small and medium-sized enterprises representing about 46% of 2025 transaction value and no single client exceeding 2% of revenue. As of December 31, 2025, it employed over 27,000 people across 49 countries and leveraged extensive supplier relationships with hundreds of airlines and 1.3 million hotels.
The company highlights AI‑powered travel and expense software, omnichannel servicing and strategic expansion, including the acquisition of CWT and a new AI‑driven Complete alliance with SAP Concur. As of March 5, 2026, there were 523,999,668 Class A common shares outstanding. GBTG also details a refinanced capital structure with $1.486 billion of Term B‑2 loans maturing in 2031 and a $360 million revolving credit facility maturing in 2029.
Global Business Travel Group (Amex GBT) reported a strong turnaround for 2025, moving to net income of $111 million from a loss of $134 million in 2024 on revenue of $2,718 million, up 12%. Fourth-quarter revenue reached $792 million, up 34%, with net income of $83 million versus a prior-year loss.
Adjusted EBITDA for 2025 increased to $532 million from $478 million, while free cash flow declined to $104 million from $165 million as the company boosted technology and integration investments, including the transformative CWT acquisition. Net debt was $984 million, or 1.9x LTM Adjusted EBITDA.
The company reiterated full-year 2026 guidance for revenue of $3.235–$3.295 billion, Adjusted EBITDA of $615–$645 million, and free cash flow of $125–$155 million. It also doubled its share repurchase authorization to $600 million, signaling confidence while continuing to focus on AI-enabled products, CWT integration, and cost transformation.
Global Business Travel Group, Inc. Chief Technology Officer John David Thompson reported an open-market sale of Class A Common Stock. On March 4, 2026, he sold 109,020 shares at a weighted average price of $5.74 per share. After this planned sale, he directly owned 735,701 shares.
The transaction was executed under a Rule 10b5-1 trading plan that Thompson adopted on March 10, 2025. The sale price reflects multiple trades within a range from $5.61 to $5.81 per share.
Global Business Travel Group, Inc. Vice President and Controller Christopher Van Vliet reported three Form 4 transactions involving Class A common stock on March 1, 2026. Dispositions of 6,017, 6,586, and 3,791 shares were made to satisfy tax withholding obligations upon vesting of restricted stock units, rather than open-market sales.
Global Business Travel Group, Inc. Chief Technology Officer John David Thompson reported share dispositions tied to equity compensation on 2026-03-01. He delivered multiple blocks of Class A Common Stock at $5.47 per share to satisfy tax withholding obligations arising from the vesting of restricted stock units. After these tax-withholding dispositions, he continued to hold a substantial number of shares directly.
Global Business Travel Group, Inc. officer Evan Konwiser reported three Form 4 transactions involving Class A Common Stock on March 1, 2026. Each transaction is coded “F,” meaning shares were used for tax-withholding dispositions at a price of $5.47 per share. A footnote explains the shares were withheld to satisfy Konwiser’s tax obligations arising from the vesting of restricted stock units, rather than representing open-market sales.
Global Business Travel Group, Inc. Chief People Officer Patricia Anne Huska reported three tax-related share dispositions of Class A Common Stock on March 1, 2026. A total of 35,979, 41,660 and 18,051 shares were withheld at $5.47 per share to satisfy tax obligations on vesting restricted stock units, leaving her with 1,269,897 directly owned shares.
Global Business Travel Group, Inc. President Andrew George Crawley reported three Form 4 transactions in Class A common stock on March 1, 2026. The transactions were coded "F," meaning shares were disposed of to satisfy tax-withholding obligations tied to vesting restricted stock units, rather than open-market sales.
Global Business Travel Group, Inc. officer Eric J. Bock reported three Form 4 transactions involving Class A Common Stock on March 1, 2026. In total, 129,629 shares were disposed of at $5.47 per share as part of tax-withholding dispositions tied to the vesting of restricted stock units, rather than open-market sales. After these withholdings, Bock directly owned 1,996,372 Class A shares.