GBTG Q4 2025 Earnings Call Transcript

Motley Fool Transcribing, The Motley Fool

Mon, March 9, 2026 astatine 10:11 AM CDT 28 min read

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Monday, March 9, 2026 astatine 9 a.m. ET

• Chief Executive Officer — Paul Abbott

• Chief Product and Strategy Officer — Evan Kaumizer

• Chief Financial Officer — Karen Williams

• Chief Legal Officer and Global Head of M&A — Eric Bock

Participating with maine contiguous are Paul Abbott, our Chief Executive Officer, Evan Kaumizer, our Chief Product and Strategy Officer, and Karen Williams, our Chief Financial Officer. Also joining for the Q&A league contiguous is Eric Bock, our Chief Legal Officer and Global Head of M&A. With that, I volition present crook the telephone implicit to Paul. Paul?

Paul Abbott: Thank you, Jennifer. Welcome, everyone, and convey you for joining america this morning. In 2025, we delivered beardown results and expect adjacent stronger momentum successful 2026. We are executing connected our maturation strategy. We proceed to summation stock and support an awesome lawsuit retention rate. Product innovation is accelerating. Our strategical concern with SAP Concur is good underway arsenic we rotation retired Complete, a caller flagship solution for question and expense. We are launching next-gen Egencia successful April, with a caller AI-powered idiosyncratic acquisition and afloat integration into Concur Expense. And we closed connected the acquisition of CWT successful September 2025.

We are present astatine a precise breathtaking inflection constituent wherever AI is delivering existent gross and outgo benefits, and we are leveraging our level to powerfulness the aboriginal of agentic AI successful concern travel. More connected that shortly. Finally, we doubled our stock repurchase authorization to $600 million, supported by our beardown equilibrium expanse and robust currency flow. Given the existent stock terms and our condemnation successful our semipermanent maturation trajectory, we judge this represents a compelling operator of shareholder value. Before I speech successful much item astir the worth that we are delivering with AI, fto maine rapidly reappraisal our beardown 2025 performance. Here are the highlights. Total transaction value, oregon TTV, grew 17%. Revenue maturation accelerated to 12%.

Adjusted gross nett borderline was 60%. Adjusted EBITDA grew 11%, and we generated $104 cardinal of escaped currency flow. Finally here, excluding CWT, caller wins worth accelerated to $3.3 billion, and we maintained a precise beardown lawsuit retention complaint of 96%. So Global Business Travel Group, Inc. continues to turn and continues to summation share. Our caller wins performance, accrued request from our premium lawsuit base, precocious lawsuit retention rate, and the acquisition of CWT resulted successful awesome apical enactment performance. And our absorption connected operational ratio and outgo synergies enabled america to thrust beardown adjusted gross nett and adjusted EBITDA borderline performance. I present privation to code marketplace sentiment related to AI.