Global Business Travel Group, Inc. ( (GBTG) ) has released its Q1 earnings. Here is a breakdown of the information Global Business Travel Group, Inc. presented to its investors.
American Express Global Business Travel, operated by Global Business Travel Group, Inc., is a prominent software and services company specializing in travel, expense, and meetings & events management, offering comprehensive solutions through advanced technology and a global network of professionals.
In the first quarter of 2025, American Express Global Business Travel reported notable financial achievements, including profit growth and margin expansion, despite a challenging economic environment. The company also provided updated guidance for the second quarter and full-year 2025.
Key financial metrics for Q1 2025 include a 2% increase in revenue to $621 million, a 15% rise in adjusted EBITDA to $141 million, and a 9% growth in free cash flow to $26 million. The company also achieved a significant 260 basis points expansion in adjusted EBITDA margin and maintained a strong customer retention rate of 96%. Strategic moves included lowering the leverage ratio to 1.7x and announcing an amended merger agreement for the acquisition of CWT.
Looking ahead, American Express Global Business Travel has adjusted its full-year 2025 guidance in light of economic uncertainties, projecting revenue between $2.38 billion and $2.48 billion, and adjusted EBITDA between $480 million and $540 million. The company remains focused on leveraging its flexible operating model and strategic investments to navigate the evolving market landscape.