The earnings call reflects a mixed sentiment with strong achievements in debt reduction, adjusted EBITDA growth, and new business momentum. However, these are countered by significant challenges in air distribution bookings, GDS industry declines, and revenue shortfalls. The delay in launching the multi-source LCC solution further adds to the challenges. The outlook remains cautious with a focus on executing growth strategies and managing costs.
Company Guidance
During the Sabre Second Quarter 2025 Earnings Conference Call, the company provided updated guidance reflecting a challenging operating environment. Despite a 1% year-on-year decline in air distribution bookings, which underperformed earlier expectations due to weaknesses in corporate and government travel, Sabre highlighted several strategic achievements. These included a 4% year-to-date growth in normalized adjusted EBITDA, a reduction of over $1 billion in total debt, and an extension of 60% of debt maturities to 2029 and beyond. The company anticipates reducing its year-end 2025 net leverage by approximately 50% compared to 2023. Sabre's growth strategies contributed 8 points to air distribution bookings, and the company expects over 30 million incremental bookings from these strategies for the full year. Despite short-term pressures, Sabre remains focused on executing its strategic priorities, including driving sustainable growth through technology innovation, with new business volumes expected to scale significantly in the latter half of 2025. The company revised its outlook for air distribution bookings to grow between 4% and 10% in the second half, with a full-year air distribution volume growth forecast ranging from flat to low single digits.
Debt Reduction and Improved Leverage
Sabre significantly reduced total debt by more than $1 billion or nearly 20%, using cash from the balance sheet and proceeds from the sale of Hospitality Solutions. Year-end 2025 net leverage is expected to be reduced by approximately 50% versus year-end 2023.
Adjusted EBITDA Growth
Normalized adjusted EBITDA grew 6% year-on-year in Q2 2025, with a margin improvement of approximately 120 basis points to around 19%.
Digital Payments and Hotel B2B Growth
The digital payments business gross spend was up 44% year-on-year, and hotel B2B distribution gross booking value transacted increased by 4% year-on-year.
New Business Momentum
Sabre reported continued commercial momentum with new business implementations expected to add significant growth, with projections of greater than 30 million incremental air distribution bookings for full year 2025.
Sabre (SABR) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
SABR Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Aug 07, 2025
$3.00
$1.93
-35.67%
May 07, 2025
$2.45
$2.45
0.00%
Feb 20, 2025
$3.39
$4.15
+22.42%
Oct 31, 2024
$4.10
$3.20
-21.95%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Sabre (SABR) report earnings?
Sabre (SABR) is schdueled to report earning on Oct 30, 2025, Before Open (Confirmed).
What is Sabre (SABR) earnings time?
Sabre (SABR) earnings time is at Oct 30, 2025, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.