earnings
confidence high
sentiment neutral
materiality 0.75
Amex GBT Q1 revenue $621M (+2% YoY), Adj EBITDA $141M (+15%); lowers FY guidance midpoint 6%
Global Business Travel Group, Inc.
2025-Q1 EPS reported
$0.16
revenue$621,000,000
- Q1 revenue $621M (+2% YoY; +4% constant currency workday-adjusted).
- Adjusted EBITDA $141M (+15% YoY); margin expanded 260bps YoY. FCF $26M (+9%).
- LTM Total New Wins $3.2B (incl. $2.3B SME); customer retention 96%.
- CWT acquisition amended: stock consideration reduced from ~72M to ~50M shares.
- Updated FY 2025 guidance: revenue $2.38-2.48B, Adj EBITDA $480-540M, FCF $120-160M.