10-Q quarterly report · filed Nov 10, 2025

Global Business Travel Group, Inc. (GBTG) Q3 2025 10-Q Quarterly Report

Short answer

Global Business Travel Group, Inc. (GBTG) filed its Q3 2025 10-Q quarterly report on Nov 10, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $674M (up 12.9% year over year) with net income of −$62M.

Q3 2025 key financials · XBRL

Revenue
$674M
+12.9% YoY · +6.8% QoQ
Net income
−$62M
+51.9% YoY · −576.9% QoQ
Operating margin
1.8%
EPS (diluted)
−$0.14
+48.1% YoY · −566.7% QoQ

Source: XBRL data from the Global Business Travel Group, Inc. (GBTG) Q3 2025 10-Q on SEC EDGAR. USD.

Global Business Travel Group, Inc. Q3 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • CWT acquisition added $26 million in contractual commitments, primarily information technology contracts
  • Credit agreement repricing expected to reduce annual interest expense by $7 million
  • No material changes to contractual obligations or critical accounting policies

Risk Factors

  • No material risk-factor changes for nine months ended September 30, 2025
  • CWT internal-control deficiencies following Merger, potentially delaying Sarbanes-Oxley compliance
  • CWT controls remediation requiring significant management time and financial resources
  • $33 million Class A stock repurchases potentially reducing liquidity during the quarter

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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