Global Business Travel Group, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Net Income | $111.0M | $-134.0M | $-136.0M | $-229.0M | $6.2M | $-19.6M | $-1.9K |
| Depreciation & Amortization | $192.0M | $178.0M | $194.0M | $182.0M | $154.0M | $148.0M | — |
| Depreciation | — | — | — | — | — | — | — |
| Amortization | $60.0M | $71.0M | $90.0M | $93.0M | $67.0M | $62.0M | — |
| Stock-Based Compensation | $76.0M | $77.0M | $75.0M | $39.0M | $3.0M | $3.0M | — |
| Net Cash from Operating Activities | $233.0M | $272.0M | $162.0M | $-394.0M | $-512.0M | $-250.0M | $0 |
| Investing Activities | |||||||
| Capital Expenditures | $129.0M | $107.0M | $113.0M | $94.0M | $44.0M | $47.0M | — |
| Business Acquisitions | $104.0M | $0 | $0 | — | — | — | — |
| Net Cash from Investing Activities | $-206.0M | $-102.0M | $-119.0M | $-95.0M | $-27.0M | $-47.0M | $0 |
| Financing Activities | |||||||
| Dividends Paid | — | — | — | — | — | — | — |
| Stock Repurchases | $73.0M | $55.0M | $0 | $0 | — | — | — |
| Net Cash from Financing Activities | $-128.0M | $-85.0M | $120.0M | $292.0M | $478.0M | $384.0M | $0 |
| Net Change in Cash | $-82.0M | $72.0M | $173.0M | $-209.0M | $-68.0M | $94.0M | — |
| Free Cash Flow | $104.0M | $165.0M | $49.0M | $-488.0M | $-556.0M | $-297.0M | — |