Global Business Travel Group posted Q2 revenue of $870 million, up 38% year over year; net income rose 14% to $17 million.
Adjusted EBITDA (non-GAAP) climbed 34% to $178 million, while gross profit margin narrowed 2 percentage points to 57%.
Net cash from operating activities more than doubled to $142 million; free cash flow (non-GAAP) was $103 million.
TTV grew 57% and transactions increased 45%; LTM Total New Wins Value accelerated to $3.5 billion with a 95% customer retention rate.
Paul Abbott cited major new wins with Google, Koch and Pfizer; shareholder approval for the Long Lake Management deal was secured, with closing expected in H2 2026.
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