{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-008443","form_type":"8-K","ticker":"GBTG","cik":"0001820872","company_name":"Global Business Travel Group, Inc.","filed_at":"2025-02-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:05.068856+00:00","generated_at":"2026-05-26T02:26:30.207511+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Amex GBT Q4 revenue +8% to $591M, Adj. EBITDA +39%; FY2024 FCF $165M; guides FY2025 Adj. EBITDA $530-560M","bullets":["Q4 2024 revenue $591M (+8% YoY); Adjusted EBITDA $110M (+39% YoY); margin 19% (+420 bps).","Full-year 2024 revenue $2,423M (+6%); Adjusted EBITDA $478M (+26%); margin 20% (+310 bps).","FY2024 Free Cash Flow $165M, exceeding $100M guidance; leverage ratio declined to 1.8x.","Board authorized up to $300M additional share buyback; repurchased 8M shares in private buyback.","FY2025 guidance: revenue growth 5-7% CC; Adj. EBITDA $530-560M (11-17% growth); FCF >$160M."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-008443","json":"https://secwatch.observer/filing/0001628280-25-008443.json","markdown":"https://secwatch.observer/filing/0001628280-25-008443.md","text":"https://secwatch.observer/filing/0001628280-25-008443.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1820872/000162828025008443/0001628280-25-008443-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1820872/000162828025008443/gbtg-20250227.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T02:26:30.207511+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}