Global Business Travel Group, Inc.
Cash Flow Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $17.0M | $54.0M | $83.0M | $-62.0M | $15.0M | $75.0M | $-14.0M | $-128.0M |
| Depreciation & Amortization | $56.0M | $60.0M | $60.0M | $49.0M | $43.0M | $40.0M | $40.0M | $43.0M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $19.0M | $17.0M | $18.0M | $19.0M | $20.0M | $19.0M | $19.0M | $20.0M |
| Net Cash from Operating Activities | $142.0M | $-15.0M | $52.0M | $71.0M | $57.0M | $53.0M | $65.0M | $85.0M |
| Investing Activities | ||||||||
| Capital Expenditures | $39.0M | $37.0M | $39.0M | $33.0M | $30.0M | $27.0M | $32.0M | $26.0M |
| Business Acquisitions | $0 | $-10.0M | $-34.0M | $138.0M | $0 | $0 | — | — |
| Net Cash from Investing Activities | $-39.0M | $-27.0M | $-5.0M | $-171.0M | $-12.0M | $-18.0M | $-32.0M | $-26.0M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $9.0M | $38.0M | $39.0M | $33.0M | $0 | $1.0M | $0 | $55.0M |
| Net Cash from Financing Activities | $-29.0M | $49.0M | $-47.0M | $-33.0M | $-23.0M | $-25.0M | $-6.0M | $-62.0M |
| Net Change in Cash | $72.0M | $1.0M | $-2.0M | $-137.0M | $41.0M | $16.0M | $11.0M | $9.0M |
| Free Cash Flow | $103.0M | $-52.0M | $13.0M | $38.0M | $27.0M | $26.0M | $33.0M | $59.0M |