Global Business Travel Q1 FY26 net income falls 28% to $54 million; revenue rises 35% to $840 million
Global Business Travel Group, Inc. Class A GBTG | 0.00 |
- Global Business Travel Group posted Q1 net income of $54 million, down 28% year over year, with diluted EPS of $0.10 versus $0.16.
- Revenue rose 35% to $840 million, while operating income fell to $3 million from $55 million.
- Total operating expense climbed 48% to $837 million, including $44 million of restructuring and other exit charges.
- Total Transaction Value increased 54% to $13.11 billion, while Transaction Growth ran at 41%.
- Long Lake Management agreed to acquire the company for $9.50 per share in cash, with the deal expected to close in the second half of 2026.
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