NYSE$GBTG
Global Business Travel Group I · Q1 2026 earnings
Q1 2026 earnings · · Investor relations
Briefing
Global Business Travel Group reported Q1 2026 revenue of $840M and net income attributable to Class A shareholders of $52M, or $0.10 diluted EPS.
For the quarter ended March 31, 2026, GBTA reported revenue of $840 million versus $621 million a year ago as travel volumes recovered. Operating income was $3 million. Net income attributable to Class A common stockholders was $52 million, or $0.10 per diluted share, compared with $75 million and $0.16 in Q1 2025.
- Revenue $840M (+35% YoY).
- Net income to Class A shareholders $52M.
- Corporate travel recovery driving transaction growth.
- Operating income modest at $3M on seasonality.
Headline financials
Revenue & EPS history
GBTG · Revenue · Quarterly
$840M
Revenue by segment
GBTG · $571M total across 2 segments · Q3 2023
- Travel revenue$455M+17.9%79.7%
- Products & services$116M+9.4%20.3%
Forward guidance
Corporate travel demand and GBTA platform penetration guide 2026; seasonality affects quarterly operating margins.
Tailwinds
- Strong revenue rebound.
- Positive net income and cash generation.
Headwinds
- Operating income thin this quarter.
- Travel disruption risk remains.
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 2026
+0.0%
Avg return
Earnings day
-2.7%
Avg return
5 days after
+4.1%
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% | -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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