Global Business Travel Group, Inc.

Global Business Travel Group, Inc. (GBTG) reported FY 2025 revenue of $2.72 billion, a 12% increase from the prior year, driven by growth in both Travel Revenue ($2.15B, +12%) and Products & Professional Services Revenue ($564M, +15%). The company achieved net income of $111 million, a significant improvement from a net loss of $134 million in FY 2024. Key drivers included the acquisition of CWT, which contributed $209 million in incremental revenue, and Transaction Growth of 14%. Operating income was $130 million, and Adjusted EBITDA reached $532 million with a margin of 20%. The company generated $233 million in net cash from operating activities and had $434 million in cash and cash equivalents at year-end. Total assets stood at $4.92 billion against total liabilities of $3.25 billion.

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