secwatch.observer — SEC 8-K summary
======================================

Issuer:     Global Business Travel Group, Inc. (GBTG)
CIK:        0001820872
Form:       8-K/A
Filed at:   2026-02-17T23:59:59+00:00
Accession:  0001104659-26-016161
Event type: other_material
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Amex GBT corrects buyback to $600M; Q4 prelim rev +34% to $792M, net income $83M
--------------------------------------------------------------------------------

- Corrects prior 8-K: share repurchase authorization increased to $600M (doubled; increase of $300M).
- Preliminary Q4 2025: revenue $792M (+34% YoY), TTV $10B (+45%), adjusted EBITDA $130M (+17%).
- Preliminary FY2025: revenue $2.718B (+12%), adj EBITDA $532M (+11%), net income $111M (vs loss $134M).
- FY2026 guidance: revenue $3.235-3.295B (19-21% growth), adj EBITDA $615-645M (16-21% growth).
- Net cash from ops $233M, free cash flow $104M for FY2025; Q4 net income $83M vs prior loss $14M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1820872/000110465926016161/0001104659-26-016161-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1820872/000110465926016161/tm266580d1_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-016161

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