NYSE$GBTG
Global Business Travel Group I · Q1 2023 earnings
Q1 2023 earnings · · Investor relations
Briefing
American Express Global Business Travel reported strong first quarter results driven by continued growth in business travel, share gains and ongoing momentum in the SME customer segment.
American Express Global Business Travel reported strong first quarter 2023 results with a 65% increase in revenue compared to the same period in 2022. The company's growth was driven by continued growth in business travel, share gains, and momentum in the SME customer segment.
- Strong Revenue and Adjusted EBITDA Growth
- Strong SME Growth
- Significant New Wins and Continued Share Gains
- Delivering on commitments made nearly one year after going public.
Headline financials
Revenue & EPS history
GBTG · Revenue · Quarterly
$578M
Revenue by segment
GBTG · $579M total across 2 segments · Q1 2023
- Travel revenue$466M+82.0%80.5%
- Products & services$113M+18.9%19.5%
Forward guidance
The Company’s Q2 2023 and full-year 2023 guidance considers various material assumptions. Actual results may differ materially from the guidance due to a number of factors.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 13 quarterly earnings reports · overlaid with Q1 2023
+0.0%
Avg return
Earnings day
-2.7%
Avg return
5 days after
+4.5%
Avg return
30 days after
30%
6 / 20 earnings
Positive
+16.7%
Q2 2024
Best reaction
-10.4%
Q1 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.6% | -1.2% | — | |
| Q4 2025 | +1.4% | -3.1% | -3.8% | |
| Q3 2025 | -3.8% | -9.8% | -1.0% | |
| Q1 2025 | -10.4% | -15.4% | -5.7% | |
| Q4 2024 | -5.9% | -6.3% | -14.6% | |
| Q3 2024 | +0.7% | +7.6% | +23.0% | |
| Q2 2024 | +16.7% | +9.8% | +17.1% | |
| Q1 2024 | -4.3% | -4.0% | +5.9% | |
| Q4 2023 | -0.5% | -1.6% | +5.3% | |
| Q3 2023 | +2.4% | -2.0% | +10.7% | |
| Q2 2023 | +7.5% | +6.3% | -13.3% | |
| Q1 2023 | +9.0% | +8.7% | +39.5% | |
| Q4 2022 | -10.0% | -12.3% | -4.3% | |
| Q3 2022 | -0.2% | -14.0% | -0.2% | |
| Q2 2022 | — | — | — | |
| Q1 2022 | -0.2% | — | — | |
| Q4 2021 | +0.0% | — | — | |
| Q4 2020 | -0.3% | — | — | |
| Q3 2021 | -0.1% | — | — | |
| Q2 2021 | +0.0% | — | — | |
| Q1 2021 | -0.8% | — | — | |
| Q3 2020 | — | — | — |
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