For the quarter ending 2025-09-30, GBTG has $4,760M in assets. $3,226M in debts. $427M in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Due from affiliates | - | 59 | ||
| Cash and cash equivalents | 427 | 601 | ||
| Accounts receivable (net of allowance for credit losses of 11 and 10 as of september30, 2025 and december31, 2024, respectively) | 930 | 722 | ||
| Due from affiliates-Related Party | 54 | - | ||
| Prepaid expenses and other current assets | 211 | 135 | ||
| Total current assets | 1,622 | 1,517 | ||
| Property and equipment, net | 304 | 238 | ||
| Equity method investments | 56 | 14 | ||
| Goodwill | 1,559 | 1,250 | ||
| Other intangible assets, net | 758 | 465 | ||
| Operating lease right-of-use assets | 68 | 55 | ||
| Deferred tax assets | 265 | 274 | ||
| Other non-current assets | 128 | 58 | ||
| Total assets | 4,760 | 3,871 | ||
| Accounts payable | 556 | 353 | ||
| Due to affiliates-Related Party | 30 | - | ||
| Accrued expenses and other current liabilities | 691 | 512 | ||
| Due to affiliates | - | 16 | ||
| Current portion of operating lease liabilities | 22 | 15 | ||
| Current portion of long-term debt | 23 | 19 | ||
| Total current liabilities | 1,322 | 915 | ||
| Long-term debt, net of unamortized debt discount and debt issuance costs | 1,366 | 1,362 | ||
| Deferred tax liabilities | 62 | 37 | ||
| Pension liabilities | 181 | 163 | ||
| Long-term operating lease liabilities | 64 | 58 | ||
| Earnout derivative liabilities | 53 | 27 | ||
| Other non-current liabilities | 178 | 102 | ||
| Total liabilities | 3,226 | 2,664 | ||
| Additional paid-in capital | 3,260 | 2,829 | ||
| Accumulated deficit | -1,549 | -1,487 | ||
| Accumulated other comprehensive loss | -93 | -86 | ||
| Treasury shares, at cost (12,275,150 and 8,000,000 shares as of september30, 2025 and december31, 2024, respectively) | 89 | 56 | ||
| Total equity of the companys shareholders | 1,529 | 1,200 | ||
| Equity attributable to non-controlling interest in subsidiaries | 5 | 7 | ||
| Total shareholders equity | 1,534 | 1,207 | ||
| Total liabilities and shareholders equity | 4,760 | 3,871 | ||
Global Business Travel Group, Inc. (GBTG)
Global Business Travel Group, Inc. (GBTG)