secwatch.observer — SEC 8-K summary
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Issuer:     Global Business Travel Group, Inc. (GBTG)
CIK:        0001820872
Form:       8-K
Filed at:   2026-02-17T23:59:59+00:00
Accession:  0001104659-26-015928
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Amex GBT prelim Q4 revenue $792M (+34%), net income $83M, buyback doubled to $600M
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- Revenue grew 34% to $792M; TTV up 45% to $10B; net income $83M vs loss of $14M prior year.
- Full-year 2025 revenue $2.718B (+12%), adjusted EBITDA $532M (+11%), net income $111M vs loss $134M.
- Board increased share repurchase authorization to $600M (from $300M), citing confidence in growth and cash generation.
- 2026 guidance reaffirmed: revenue growth 19-21% ($3.235B-$3.295B), adjusted EBITDA growth 16-21% ($615M-$645M).
- CWT acquisition closed Sept 2025 contributed to growth; preliminary results subject to audit.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1820872/000110465926015928/0001104659-26-015928-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1820872/000110465926015928/tm266227d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-015928

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer