Global Business Travel Q3 revenue up 13%, beats estimates

Global Business Travel

10/11/2025 12:21

Overview

Global Business Travel Q3 revenue grows 13%, beating analyst expectations

Adjusted EBITDA for Q3 rises 9%, in line with expectations

Company completed CWT acquisition, enhancing revenue growth and cost transformation

Outlook

Company raises FY 2025 guidance to revenue growth of approximately 12%

Company expects FY 2025 adjusted EBITDA between $523 mln and $533 mln

Company sees FY 2026 revenue growth of 19% to 21%

Co-developing new travel and expense solution with SAP Concur to capture SME opportunities

Result Drivers

CWT ACQUISITION - Co says acquisition of CWT accelerated revenue growth and cost transformation with $155 mln in identified synergies

AI AND DIGITALIZATION - AI initiatives driving productivity gains and redefining customer experience, with 82% of transactions digital

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$674 mln
$619.40 mln (5 Analysts)
Q3 Net Income
-$62 mln
Q3 Operating Expenses
$662 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the online services peer group is "buy"

Wall Street's median 12-month price target for Global Business Travel Group Inc is $10.20, about 22% above its November 7 closing price of $7.96

The stock recently traded at 25 times the next 12-month earnings vs. a P/E of 23 three months ago

Press Release: ID:nBw35g5NFa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)