# Global Business Travel Group, Inc. (GBTG) MD&A by fiscal year

Verbatim Item 7 Management's Discussion and Analysis sections from Global Business Travel Group, Inc.'s 10-K filings, one page per fiscal year. Extracted from SEC filings with the same bounded parser for every year. Filer text, not grepcent analysis or investment advice.

- [FY 2025 MD&A](/company/GBTG/mda/fy2025/): filed 2026-03-09; accession 0001628280-26-015817 (https://www.sec.gov/Archives/edgar/data/1820872/000162828026015817/gbtg-20251231.htm); latest 10-K
- [FY 2024 MD&A](/company/GBTG/mda/fy2024/): filed 2025-03-07; accession 0001628280-25-011370 (https://www.sec.gov/Archives/edgar/data/1820872/000162828025011370/gbtg-20241231.htm)
- [FY 2023 MD&A](/company/GBTG/mda/fy2023/): filed 2024-03-13; accession 0001820872-24-000005 (https://www.sec.gov/Archives/edgar/data/1820872/000182087224000005/gbtg-20231231.htm)
- [FY 2022 MD&A](/company/GBTG/mda/fy2022/): filed 2023-03-21; accession 0001104659-23-035161 (https://www.sec.gov/Archives/edgar/data/1820872/000110465923035161/gbtg-20221231x10k.htm)
- [FY 2021 MD&A](/company/GBTG/mda/fy2021/): filed 2022-03-01; accession 0001104659-22-028779 (https://www.sec.gov/Archives/edgar/data/1820872/000110465922028779/apsg-20211231x10k.htm)

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