---
schema_version: "secwatch.filing_event.v1"
accession: "0001820872-24-000039"
form_type: "8-K"
ticker: "GBTG"
cik: "0001820872"
company_name: "Global Business Travel Group, Inc."
filed_at: "2024-08-06T23:59:59+00:00"
generated_at: "2026-05-31T12:29:20.752007+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Amex GBT Q2 revenue $625M (+6% YoY), adj. EBITDA $127M (+20%); raises FY FCF guidance to >$130M

## Summary
- Revenue $625M (+6% YoY); Adjusted EBITDA $127M (+20%); margin expanded 240bps to 20%.
- Free Cash Flow $49M (+148% YoY); FY 2024 FCF guidance raised to >$130M from >$100M.
- Net income $27M vs. loss of $55M a year ago; leverage ratio improved to 2.0x from 3.5x.
- July debt refinancing extended all maturities to 2031, lowered interest costs, increased liquidity.
- LTM total new wins value $3.3B; 97% customer retention; CWT acquisition expected to close Q1 2025.

## SEC filing metadata
- accession: 0001820872-24-000039
- form_type: 8-K
- ticker: GBTG
- cik: 0001820872
- company_name: Global Business Travel Group, Inc.
- filed_at: 2024-08-06T23:59:59+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/1820872/000182087224000039/0001820872-24-000039-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1820872/000182087224000039/gbtg-20240806.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001820872-24-000039
- JSON: https://secwatch.observer/filing/0001820872-24-000039.json
- Plain text: https://secwatch.observer/filing/0001820872-24-000039.txt

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