---
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"
generated_at: "2026-05-26T02:26:30.207511+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Amex GBT Q4 revenue +8% to $591M, Adj. EBITDA +39%; FY2024 FCF $165M; guides FY2025 Adj. EBITDA $530-560M

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-008443
- JSON: https://secwatch.observer/filing/0001628280-25-008443.json
- Plain text: https://secwatch.observer/filing/0001628280-25-008443.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.