The earnings call reflected a strong performance with several key achievements such as record adjusted EBITDA and high customer retention. The company navigated macroeconomic uncertainties well, resulting in raised guidance and a strong balance sheet. However, challenges like revenue yield decline and regional deceleration in APAC were noted. Overall, the positive highlights significantly outweigh the lowlights, indicating a favorable outlook.

Company Guidance

During the American Express Global Business Travel second quarter 2025 earnings call, the company reported financial results that exceeded expectations, including achieving over $500 million in adjusted EBITDA over the last 12 months. The total transaction value increased by 3% on a workday adjusted basis, reaching $7.9 billion, while revenue rose by 1% to $631 million. The adjusted EBITDA grew by 4% to $133 million, with a margin expansion of 70 basis points year-over-year to 21%. The company reported a high customer retention rate of 95% and total new wins valued at $3.2 billion over the last 12 months, including $2.2 billion from SME customers. The company also highlighted an anticipated 5% year-over-year increase in meetings in the second half of the year. The guidance for full-year 2025 was raised, projecting revenue growth of 2% to 4% and adjusted EBITDA growth of 6% to 13%, with an EBITDA margin expansion of 80 to 180 basis points. The company also plans to close the CWT acquisition in the third quarter and has nearly $1 billion in available liquidity, with plans to initiate a stock repurchase program.

Record Adjusted EBITDA Achievement

Achieved over $500 million in adjusted EBITDA over the last 12 months, reflecting strong operational efficiency.

High Customer Retention

Maintained a 95% customer retention rate over the last 12 months, demonstrating strong customer loyalty.

CWT Acquisition Milestone

U.S. Department of Justice dismissed its challenge to the CWT acquisition, allowing the transaction to proceed in Q3.

Raised Full Year 2025 Guidance

Increased full-year revenue growth guidance to 2% to 4%, reflecting improved demand and operational performance.

Strong Balance Sheet

Net debt reduced by $70 million, with a leverage ratio decline to 1.6x, indicating financial stability and flexibility.

Positive Transaction Growth

Transaction growth up 3% on a workday adjusted basis, driven by increased demand in May and June.

Global Business Travel Group (GBTG) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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GBTG Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 11, 2025	2025 (Q3)	0.04 / -	-0.28	―	―	―
Aug 05, 2025	2025 (Q2)	0.06 / 0.03	0.06	-50.00% (-0.03)
May 06, 2025	2025 (Q1)	0.12 / 0.16	-0.04	500.00% (+0.20)
Feb 27, 2025	2024 (Q4)	0.04 / -0.04	-0.06	33.33% (+0.02)
Nov 05, 2024	2024 (Q3)	-0.02 / -0.28	-0.02	-1300.00% (-0.26)
Aug 06, 2024	2024 (Q2)	-0.01 / 0.06	-0.226	126.55% (+0.29)
May 07, 2024	2024 (Q1)	0.02 / -0.04	0.009	-544.44% (-0.05)
Mar 05, 2024	2023 (Q4)	-0.03 / -0.06	-0.048	-25.00% (-0.01)
Nov 07, 2023	2023 (Q3)	0.00 / -0.02	-0.43	95.35% (+0.41)
Aug 10, 2023	2023 (Q2)	-0.09 / -0.23	0.44	-151.36% (-0.67)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

GBTG Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 05, 2025	$6.24	$6.50	+4.17%
May 06, 2025	$6.89	$6.17	-10.45%
Feb 27, 2025	$8.62	$8.11	-5.92%
Nov 05, 2024	$7.68	$7.73	+0.65%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Global Business Travel Group (GBTG) report earnings?

Global Business Travel Group (GBTG) is schdueled to report earning on Nov 11, 2025, Before Open (Confirmed).

What is Global Business Travel Group (GBTG) earnings time?

Global Business Travel Group (GBTG) earnings time is at Nov 11, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is GBTG EPS forecast?

GBTG EPS forecast for the fiscal quarter 2025 (Q3) is 0.04.

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