---
schema_version: "secwatch.filing_event.v1"
accession: "0001820872-24-000047"
form_type: "8-K"
ticker: "GBTG"
cik: "0001820872"
company_name: "Global Business Travel Group, Inc."
filed_at: "2024-11-05T23:59:59+00:00"
generated_at: "2026-05-30T05:27:04.404358+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Amex GBT Q3 revenue $597M (+5% YoY), raises FCF guidance to ~$160M, authorizes $300M buyback

## Summary
- Revenue $597M (+5% YoY); TTV $7.8B (+9%); Adjusted EBITDA $118M (+23%, margin 20% up 300bps).
- Free cash flow $59M in Q3; full-year FCF guidance raised to ~$160M from >$130M.
- Board authorized $300M share buyback; already repurchased 8M shares (~$55M) in Q3.
- Revenue and Adjusted EBITDA guidance narrowed: revenue $2.415-2.435B, Adj. EBITDA $470-480M.
- Net loss $128M due to derivative fair value moves and debt extinguishment loss, vs $8M loss last year.

## SEC filing metadata
- accession: 0001820872-24-000047
- form_type: 8-K
- ticker: GBTG
- cik: 0001820872
- company_name: Global Business Travel Group, Inc.
- filed_at: 2024-11-05T23:59:59+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/1820872/000182087224000047/0001820872-24-000047-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1820872/000182087224000047/gbtg-20241105.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001820872-24-000047
- JSON: https://secwatch.observer/filing/0001820872-24-000047.json
- Plain text: https://secwatch.observer/filing/0001820872-24-000047.txt

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