GLOBAL BUSINESS TRAVEL GROUP, INC., DEF 14A filed on 4/2/2026
Proxy Statement (definitive)
v3.26.1
Cover
12 Months Ended
Dec. 31, 2025
Document Information [Line Items]  
Document Type DEF 14A
Amendment Flag false
Entity Information [Line Items]  
Entity Registrant Name Global Business Travel Group, Inc.
Entity Central Index Key 0001820872
v3.26.1
Pay vs Performance Disclosure - USD ($)
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Pay vs Performance Disclosure        
Pay vs Performance Disclosure, Table
Year
SCT Total
for PEO
($)
(1)
Compensation
Actually Paid
to PEO
($)
(2)
Average SCT
Total for non-
PEO NEOs
($)
(3)
Average
Compensation
Actually Paid
to Non-PEO
NEOs
($)
(4)
Value of Initial Fixed $100
Investment Based On:
Net Income/
(Loss)
($M)
Adjusted
EBITDA
($M)
(6)
Total
Shareholder
Return
($)
(5)
Peer Total
Shareholder
Return
($)
(5)
2025
10,027,752 
6,042,510 
3,467,608
1,932,222 
91
153
111
532
2024
13,265,826 
21,210,767 
4,266,754
7,324,830 
111155(134)478
202318,259,50314,003,0807,114,3995,039,11277123(136)380
202212,969,1997,548,5417,175,1543,946,6048189(229)103
     
Company Selected Measure Name Adjusted EBITDA      
Named Executive Officers, Footnote The amount from the “Total” column of the Summary Compensation Table for our PEO, who was Mr. Abbott during 2022, 2023, 2024 and 2025.      
Peer Group Issuers, Footnote Shareholder returns reflect $100 invested as of market close on May 31, 2022, the first trading day of GBTG Class A Common Stock. The Peer Total Shareholder Return is based on the S&P Software & Services Select Industry Index, which is used for purposes of the GBTG Form 10-K performance graph.      
PEO Total Compensation Amount $ 10,027,752 $ 13,265,826 $ 18,259,503 $ 12,969,199
PEO Actually Paid Compensation Amount $ 6,042,510 21,210,767 14,003,080 7,548,541
Adjustment To PEO Compensation, Footnote
Equity Addition to SCT Total
SCT Total
Less Equity Deduction From SCT Total
Value of Current Year Equity Awards at 12/31
Change in Value of Unvested Prior Year Awards at 12/31
Change in Value of Prior Year Awards That Vested In Current Year
Less Prior Value of Unvested Equity Awards That Were Canceled or Forfeited in Current Year
Total Compensation Actually Paid
Year
($)
($)(7)
($)(8)
($) (9)
($)(10)
($)(11)
($)(12)
2025
10,027,752 
(5,696,774)
4,867,210 
(2,320,536)
(835,142)
— 
6,042,510 
2024
13,265,826 
(6,999,998)
11,789,470 
3,264,102 
(108,633)
— 
21,210,767 
2023
18,259,503 
(11,499,993)
11,159,074 
(117,188)
(39,062)
(3,759,253)
14,003,080 
2022
12,969,199 
(6,000,000)
5,273,438 
(2,605,620)
(2,088,475)
— 
7,548,541 
     
Non-PEO NEO Average Total Compensation Amount $ 3,467,608 4,266,754 7,114,399 7,175,154
Non-PEO NEO Average Compensation Actually Paid Amount $ 1,932,222 7,324,830 5,039,112 3,946,604
Adjustment to Non-PEO NEO Compensation Footnote
Equity Addition to SCT Total
SCT Total
Less Equity Deduction From SCT Total
Value of Current Year Equity Awards at 12/31
Change in Value of Unvested Prior Year Awards at 12/31
Change in Value of Prior Year Awards That Vested In Current Year
Less Prior Value of Unvested Equity Awards That Were Canceled or Forfeited in Current Year
Total Compensation Actually Paid
Year
($)
($)(7)
($)(8)
($) (9)
($)(10)
($)(11)
($)(12)
2025
3,467,608 
(1,983,693)
1,694,828 
(935,695)
(310,827)
— 
1,932,222 
2024
4,266,754 
(2,234,998)
3,764,207 
1,393,854 
135,013 
— 
7,324,830 
2023
7,114,399 
(5,299,993)
4,668,811 
(46,189)
(3,078)
(1,394,837)
5,039,112 
2022
7,175,154 
(4,455,667)
2,914,422 
(1,067,523)
(619,782)
— 
3,946,604 
     
Compensation Actually Paid vs. Total Shareholder Return
Compensation Actually Paid and Cumulative Total Shareholder Return (TSR)
Compensation Actually Paid and TSR.jpg
     
Compensation Actually Paid vs. Net Income
Compensation Actually Paid and Net Income (Loss)
Compensation Actually Paid and Net Income.jpg
     
Compensation Actually Paid vs. Company Selected Measure
Compensation Actually Paid and Adjusted EBITDA

Compensation Actually Paid and Adjusted EBITDA.jpg
     
Total Shareholder Return Amount $ 91 111 77 81
Peer Group Total Shareholder Return Amount 153 155 123 89
Net Income (Loss) $ 111,000,000 $ (134,000,000) $ (136,000,000) $ (229,000,000)
Company Selected Measure Amount 532,000,000 478,000,000 380,000,000 103,000,000
PEO Name Mr. Abbott Mr. Abbott    
Additional 402(v) Disclosure The following table sets forth a reconciliation from the SCT to amounts actually paid to our PEO. The following table sets forth a reconciliation from the SCT to the average amounts actually paid to our non-PEO NEOs. Represents the grant date fair value of equity-based awards made during the applicable fiscal year. Represents the year-end fair value of equity awards that were made during the fiscal year (no grants made have vested during the same year as granted).Represents the change in fair value during the fiscal year of equity-based awards granted in prior fiscal years that were still unvested as of year-end.Represents the change in fair value from prior year end until vesting date of equity-based awards granted in prior fiscal years that vested during the current fiscal year.Represents the fair value as of prior year end of unvested equity awards that were either cancelled or forfeited during the current fiscal year.SCT total, less SCT equity grant fair value, plus year-end fair value of equity awards made during the year, plus the change in fair value during the year of equity awards that remained unvested as of year-end, plus the change in fair value of equity awards that vested during the applicable year, less the prior year end fair value of any unvested equity awards that were forfeited or canceled during the applicable year.      
Measure:: 1        
Pay vs Performance Disclosure        
Name Adjusted EBITDA      
Non-GAAP Measure Description Company-selected measure of Adjusted EBITDA as used for our AIA Plan awards in 2025 and as discussed under the section “Compensation Discussion & Analysis  — Annual Incentive Compensation”, above. Adjusted EBITDA is a non-GAAP measure and is defined and reconciled to the most comparable GAAP measure in Annex A to this proxy statement.      
Measure:: 2        
Pay vs Performance Disclosure        
Name Adjusted EBITDA Margin      
Measure:: 3        
Pay vs Performance Disclosure        
Name Revenue      
Measure:: 4        
Pay vs Performance Disclosure        
Name Free Cash Flow      
Measure:: 5        
Pay vs Performance Disclosure        
Name Adjusted Gross Profit      
Measure:: 6        
Pay vs Performance Disclosure        
Name Adjusted Gross Profit Margin      
PEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount $ (5,696,774) $ (6,999,998) $ (11,499,993) $ (6,000,000)
PEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 4,867,210 11,789,470 11,159,074 5,273,438
PEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (2,320,536) 3,264,102 (117,188) (2,605,620)
PEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (835,142) (108,633) (39,062) (2,088,475)
PEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 0 0 (3,759,253) 0
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (1,983,693) (2,234,998) (5,299,993) (4,455,667)
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 1,694,828 3,764,207 4,668,811 2,914,422
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (935,695) 1,393,854 (46,189) (1,067,523)
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (310,827) 135,013 (3,078) (619,782)
Non-PEO NEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount $ 0 $ 0 $ (1,394,837) $ 0
v3.26.1
Award Timing Disclosure
12 Months Ended
Dec. 31, 2025
Award Timing Disclosures [Line Items]  
Award Timing MNPI Disclosure
We do not grant equity-based awards in anticipation of the release of material non-public information, and we do not time the release of material non-public information based on equity award grant dates or for the purposes of affecting the value of executive compensation. We do not have a formal policy with respect to the timing of our equity award grants, and did not grant stock options in 2025.
Award Timing MNPI Considered true
Award Timing, How MNPI Considered We do not grant equity-based awards in anticipation of the release of material non-public information, and we do not time the release of material non-public information based on equity award grant dates or for the purposes of affecting the value of executive compensation.
MNPI Disclosure Timed for Compensation Value false
v3.26.1
Insider Trading Policies and Procedures
12 Months Ended
Dec. 31, 2025
Insider Trading Policies and Procedures [Line Items]  
Insider Trading Policies and Procedures Adopted true