Global Business Travel Group, Inc. ( (GBTG) ) has released its Q3 earnings. Here is a breakdown of the information Global Business Travel Group, Inc. presented to its investors.
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American Express Global Business Travel (Amex GBT) is a prominent software and services company specializing in travel, expense, and meetings & events management, offering a comprehensive marketplace with a blend of technology and human expertise across more than 140 countries.
In its third-quarter 2025 earnings report, Amex GBT announced a 13% increase in revenue and a 9% rise in adjusted EBITDA, reflecting strong performance and strategic growth initiatives, including the acquisition of CWT and a strategic alliance with SAP Concur.
Key financial highlights include a revenue increase to $674 million, driven by a 10% rise in travel revenue and a 23% growth in product and professional services revenue. Despite a net loss of $62 million, the company improved its net loss margin significantly. The acquisition of CWT contributed to increased operating expenses, yet it also accelerated revenue growth and identified $155 million in synergies.
Looking ahead, Amex GBT has raised its full-year 2025 guidance, anticipating a 12% revenue growth and adjusted EBITDA between $523 million and $533 million. The company is optimistic about its long-term growth prospects, focusing on AI-driven productivity and customer experience enhancements.
Amex GBT’s management remains confident in achieving consistent double-digit adjusted EBITDA growth and margin expansion, with plans to further enhance shareholder value through strategic initiatives and capital allocation priorities.

