Earnings Releases·Nov 5, 2026, 7:41 AM ET

Sabre — Third Quarter 2026 Earnings Summary

Revenue grew 3% year-over-year to $738 million, while operating income rose 17% to $109 million; however, the company reported a $25 million net loss compared to $849 million in net income the prior year, driven by discontinued operations and a $26 million loss from continuing operations.
Management raised full-year 2026 Pro Forma Adjusted EBITDA guidance to approximately $610 million (14% growth) and Free Cash Flow guidance to approximately negative $50 million, while reaffirming low-to-mid-single-digit growth expectations for revenue and air marketplace bookings.
Strategic capital management included a successful debt refinancing at lower rates extending maturities to 2032 and the sale of the Hospitality Solutions business, though Free Cash Flow remained negative at $48 million due to $40 million in accrued interest payments.
Business momentum was evident with a 14% increase in hotel-related revenue and the addition of Kenya Airways as a new Airline Technology customer, supporting a 2% increase in boarded passengers despite flat total bookings.