American Express Global Business Travel Reports Strong Q2 2026 Financial Results

About this update from American Express Company

NEW YORK, August 04, 2026--(BUSINESS WIRE)--American Express Global Business Travel, which is operated by Global Business Travel Group, Inc. (NYSE: GBTG) ("Amex GBT" or the "Company"), a leading software and services company for travel, expense and meetings & events, today reported second quarter 2026 financial results. Results include the impact of acquisitions for Q2 2026 only. Paul Abbott, Chief Executive Officer: "We delivered strong growth and commercial and product success. Total New Wins Value accelerated to $3.5 billion, with double-digit SME growth and major wins with Google, Koch and Pfizer, while maintaining an impressive 95% customer retention rate. Our new product innovations are clearly resonating with customers, including our proprietary agent-to-agent architecture, our Egencia AI connector in Claude and enhancements for Complete by SAP Concur and Amex GBT." Business Highlights Second Quarter 2026 Operational & Financial Highlights(Changes compared to prior year period unless otherwise noted) Shareholder approval for the proposed acquisition of the Company by Long Lake Management (the "Merger") was obtained on August 3, 2026. The Merger is expected to close in the second half of 2026, subject to satisfaction of customary closing conditions, including receipt of regulatory approvals. Glossary of Terms See the "Glossary of Terms" for the definitions of certain terms used within this press release. About American Express Global Business Travel American Express Global Business Travel (Amex GBT) is a leading software and services company for travel, expense, and meetings & events. We have built the most valuable marketplace in travel with the most comprehensive and competitive content. A choice of solutions brought to you through a strong combination of technology and people, delivering the best experiences. With travel professionals and business partners in more than 140 countries, our solutions deliver savings, flexibility, and service from a brand you can trust – Amex GBT. Visit amexglobalbusinesstravel.com for more information about Amex GBT. Follow @amexgbt on LinkedIn and Instagram. Additional Information and Disclosures Glossary of Terms Non-GAAP Financial Measures We report our financial results in accordance with GAAP. Our non-GAAP financial measures are provided in addition, and should not be considered as an alternative, t...

View stock analysis, news, and events for American Express Company