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Amex GBT Reports Strong Q2 2026 Financial Results

American Express Global Business Travel (Amex GBT) reported Q2 2026 results: revenue of $870 million, up 38% year-over-year; adjusted EBITDA of $178 million, up 34%. TTV grew 57% and transactions grew 45%. The company won major clients including Google, Koch, and Pfizer, maintaining a 95% customer retention rate. Shareholders approved the acquisition by Long Lake Management, expected to close in H2 2026.

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Impact and considerations

Amex GBT's strong results indicate recovery in business travel demand and market share gains. Its planned acquisition could reshape the TMC industry, impacting corporate travel management.

Key points

  • Revenue of $870 million, up 38% YoY; adjusted EBITDA of $178 million, up 34%.
  • TTV grew 57% and transactions grew 45%, with a 95% customer retention rate.
  • Won major clients including Google, Koch, and Pfizer; SME new wins value reached $2.3 billion.
  • Shareholders approved acquisition by Long Lake Management, expected to close in H2 2026.

Sources and time

Primary source
American Express Global Business Travel
Other sources
0
First source publication
4 Aug 2026, 08:00
Page published
9 Sept 2026, 01:22
Last updated
4 Aug 2026, 08:00
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