Sabre Announces Participation at Upcoming Investor Conferences [Accessibility Statement] Skip NavigationSOUTHLAKE, Texas, Feb. 25, 2026 /PRNewswire/ -- Sabre Corporation ("Sabre") (NASDAQ: SABR) today announced that Kurt Ekert, President and CEO, and Mike Randolfi, CFO, will be participating at upcoming investor conferences. Details for each event are as follows:- 2026 Cantor Global Technology & Industrial Growth Conference Tuesday, March 10, 2026 Fireside chat at 1:50 p.m. EST- 2026 Morgan Stanley Technolo ...

Sabre Corporation (NASDAQ:SABR) is one of the best penny stocks under $1 to buy right now. On February 18, Sabre Corp. reported strong financial performance for 2025, which was highlighted by a 10% year-on-year increase in normalized adjusted EBITDA and a margin improvement to 19%. Despite facing external headwinds, including a US government shutdown that slowed Q4 bookings, Sabre Corp. ended the year with $2.8 billion in revenue and a robust cash balance of $910 million. The company is positioning itsel ...

Key Takeaways Sabre's Q4 revenues grew 3% to $667M, beating estimates on higher bookings and rates.Normalized adjusted EBITDA climbed to $119M, with a 110-bps margin improvement to 17.8%.The company expects revenues to grow in the mid-single-digit percentage range in 2026.Sabre Corporation (SABR) shares were trading 36% higher during the pre-market session today after the company reported better-than-expected results for the fourth quarter of 2025. SABR reported an adjusted loss of 1 cent per share for the ...

Financial Performance - Sabre reported revenue of $666.53 million for the quarter ended December 2025, reflecting a year-over-year decline of 6.7% [1] - The EPS for the same period was -$0.01, an improvement from -$0.08 a year ago, indicating a significant EPS surprise of +84.62% compared to the consensus estimate of -$0.07 [1] Market Expectations - The reported revenue exceeded the Zacks Consensus Estimate of $653.36 million by +2.02% [1] - Sabre's stock has returned -26.7% over the past month, contrasting with the Zacks S&P 500 composite's -1.3% change, and currently holds a Zacks Rank 3 (Hold) [3] Key Metrics - Air Bookings totaled 69.98 million, slightly below the average estimate of 70.75 million [4] - Total Bookings were 83.47 million, compared to the average estimate of 84.48 million [4] - Passengers Boarded reached 176.03 million, exceeding the average estimate of 175.59 million [4] - Lodging, Ground, and Sea Bookings were 13.5 million, below the average estimate of 13.73 million [4] - IT Solutions Revenue was $139.72 million, slightly below the average estimate of $141.1 million, representing a year-over-year decline of -3.7% [4] - Distribution Revenue was $526.8 million, surpassing the average estimate of $512.41 million, with a year-over-year increase of +5.4% [4]

Core Insights - Sabre is positioning itself as an "AI-native" company, leveraging its extensive travel data and proprietary capabilities to enhance its marketplace and support agentic AI solutions [6][4][5] Company Developments - Virgin Australia is the first airline to implement Sabre's Concierge IQ solution, which can manage complex inquiries and tasks like rebooking and refunds, and is also available through a ChatGPT plugin for other travel partners [1] - BizTrip, an AI-native travel management company, is utilizing Sabre's travel marketplace and APIs to streamline corporate travel processes, with a conversational interface planned for launch in Q2 2026 [2] - Sabre's executives highlighted the launch of agentic APIs and a multi-channel platform designed for large language model (LLM) consumption, indicating a significant shift in travel commerce [3] Financial Performance - In Q4 2025, Sabre reported a 3% year-over-year increase in total revenue, with distribution revenue rising by $27 million (5%) due to higher bookings and favorable rates [8] - The company's normalized adjusted EBITDA for Q4 2025 was $119 million, reflecting a 10% year-over-year increase, with a margin expansion of 107 basis points to 18% [9] - For the full year, Sabre's revenue reached $2.8 billion, a 1% increase year-over-year, with normalized adjusted EBITDA of $536 million, also up 10% [10] Strategic Initiatives - Sabre has made significant progress in deleveraging, paying down over $1 billion in debt during 2025, resulting in a pro forma net leverage decline of approximately 25% [12] - The company anticipates mid-single-digit volume and revenue growth for 2026, driven by share gains and new solutions, with IT solutions revenue expected to grow in the same range [14] - Sabre's leadership changes include the promotion of Garry Wiseman to President of Product and Engineering, indicating a focus on innovation and AI [13] Future Outlook - For 2026, Sabre expects pro forma adjusted EBITDA of approximately $585 million, while maintaining flat technology and SG&A expenses through an inflation offset program [15] - The company projects negative free cash flow of $70 million for 2026, primarily due to restructuring costs, but anticipates near breakeven cash flow excluding these costs [16] - Management is optimistic about mid-single-digit revenue growth in 2027, with sustained adjusted EBITDA growth and positive free cash flow expected [17]

Financial Data and Key Metrics Changes - In 2025, normalized adjusted EBITDA increased by 10% year-on-year, with the normalized adjusted EBITDA margin expanding by 166 basis points to 19% [25][9] - Total revenue for 2025 was $2.8 billion, up 1% year-on-year, driven primarily by growth in distribution revenue [25][22] - Pro forma free cash flow for the fourth quarter was $116 million, a year-on-year increase of $45 million [24][9] - The company ended the year with a strong cash balance of $910 million, which includes $98 million in restricted cash for debt repayments in the first quarter of 2026 [10][25] Business Line Data and Key Metrics Changes - Air distribution bookings grew by 4% year-on-year in the fourth quarter, with a total growth of 7% in December [12][22] - Hotel distribution bookings increased by 5% year-on-year to 42 million, with gross hotel booking value exceeding $20 billion annually [13][12] - Sabre Payments was one of the fastest-growing businesses, with gross spend on the platform increasing by more than 35% year-on-year [11] Market Data and Key Metrics Changes - The company recorded double-digit year-on-year growth in normalized adjusted EBITDA and generated positive pro forma free cash flow [9] - NDC (New Distribution Capability) represented approximately 4% of total air distribution bookings, with expectations for acceleration in 2026 [12][22] - The company expects mid-single-digit volume growth for both 2026 and 2027, driven by continued share gains and growth in NDC bookings [28][32] Company Strategy and Development Direction - The company is transitioning from a GDS-focused model to an AI-native technology leader, emphasizing the importance of AI in the travel ecosystem [6][7] - Recent executive leadership changes were announced to align talent and investments with the AI strategy [8] - The company aims to leverage its extensive travel data and proprietary logic to become essential in an AI-first world [16][18] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's positioning for strong, sustained performance despite challenges in 2025 [5] - The outlook for 2026 includes expectations for mid-single-digit revenue growth and continued improvements in operational efficiency [28][32] - Management highlighted the importance of maintaining operational delivery and R&D while managing costs through an inflation offset program [56][57] Other Important Information - The company paid off over $1 billion in debt in 2025, reducing pro forma net leverage by approximately 25% compared to year-end 2024 [9][26] - The company has no large debt maturities until 2029, with over 90% of its debt maturing in 2029 or later [10][26] Q&A Session Summary Question: What still needs to be done on the AI front, and what upside opportunities from AI might evolve? - Management indicated that the next stage involves demonstrating the end-to-end experience of conversational commerce in travel, with partnerships like Mindtrip and PayPal enhancing the customer experience [40][41] Question: Does the introduction of GenAI change the economic equation for direct connects? - Management explained that Sabre's scalable marketplace allows for faster response times compared to direct connects, making it a valuable partner for AI companies [49][50] Question: Can you elaborate on the inflation offset program? - The program aims to keep key cost items flat while driving efficiency, with a focus on leveraging geographical advantages and embedding AI into the workforce [56][57]

Financial Data and Key Metrics Changes - In 2025, normalized Adjusted EBITDA increased by 10% year-on-year, reaching $536 million, with the normalized Adjusted EBITDA margin expanding by 166 basis points to 19% [25][9] - Total revenue for 2025 was $2.8 billion, reflecting a 1% year-on-year growth, primarily driven by distribution revenue growth [22][25] - Pro forma free cash flow for the fourth quarter was $116 million, a year-on-year increase of $45 million [24] Business Line Data and Key Metrics Changes - Air distribution bookings grew by 4% year-on-year in the fourth quarter, with a total growth of 7% in December [12][22] - Hotel distribution bookings increased by 5% year-on-year, reaching 42 million, with gross hotel booking value exceeding $20 billion annually [13] - Sabre Payments was one of the fastest-growing businesses, with gross spend on the platform increasing by more than 35% year-on-year [11] Market Data and Key Metrics Changes - NDC (New Distribution Capability) adoption reached approximately 4% of total air distribution bookings, with 15 live integrations added during the year [12] - The company expects mid-single-digit volume growth for both 2026 and 2027, driven by continued share gains and growth in NDC bookings [28][32] Company Strategy and Development Direction - The company is transitioning from a GDS-focused model to an AI-native technology leader, emphasizing the importance of AI in enhancing travel workflows [6][7] - Recent executive leadership changes were announced to align with the new AI strategy, including the promotion of Garry Wiseman to President of Product and Engineering [8] - The company aims to leverage its extensive travel data and proprietary logic to become essential in the evolving AI ecosystem [16][18] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's positioning for strong, sustained performance, despite challenges faced in 2025 [5] - The outlook for 2026 includes expectations for mid-single-digit revenue growth, driven by share gains and the introduction of new solutions [28][32] - Management highlighted the importance of maintaining operational delivery and R&D while managing costs through an inflation offset program [56][57] Other Important Information - The company paid off over $1 billion in debt in 2025, significantly improving its capital structure and reducing pro forma net leverage by approximately 25% compared to year-end 2024 [9][26] - The company ended 2025 with a strong cash balance of $910 million, which includes $98 million in restricted cash for debt repayments [10][25] Q&A Session Summary Question: What still needs to be done on the AI front, and what upside opportunities from AI might evolve? - Management indicated that the next stage involves demonstrating the end-to-end experience of conversational commerce in travel, with partnerships like Mindtrip and PayPal enhancing the customer experience [36][41] Question: Does the introduction of GenAI change the economic equation for direct connects? - Management explained that Sabre's scalable marketplace allows for faster response times and better content management compared to direct connects, which can be costly for suppliers [47][50] Question: Can you elaborate on the inflation offset program? - The program aims to keep key cost items flat despite inflation, focusing on efficiency and productivity improvements through geographical leverage and AI integration [53][56] Question: How is corporate travel performing, and where is the strength coming from? - Corporate travel is showing positive signs across both traditional players and new entrants, indicating a healthier market environment compared to the previous year [80] Question: What is the outlook for free cash flow and discussions with debt holders? - Management expects to generate positive free cash flow in 2027, with a strong cash balance and no large maturities until 2029 [76][64]

Financial Data and Key Metrics Changes - In Q4 2025, total revenue grew by 3% year-on-year, consistent with guidance of low single-digit growth [22] - Full year 2025 revenue reached $2.8 billion, up 1% year-on-year, driven primarily by growth in distribution revenue [25] - Normalized adjusted EBITDA for Q4 2025 was $119 million, a 10% increase year-on-year, with the margin expanding by 107 basis points to 18% [24] - Full year normalized adjusted EBITDA was $536 million, also a 10% increase year-on-year, with the margin improving by 166 basis points to 19% [25] - Pro forma free cash flow for Q4 2025 was $116 million, a year-on-year increase of $45 million [24] Business Line Data and Key Metrics Changes - Air distribution bookings grew 4% year-on-year in Q4 2025, with a 7% growth in December [11][22] - Hotel distribution bookings increased 5% year-on-year to 42 million, with gross hotel booking value exceeding $20 billion annually [12] - Sabre Payments was one of the fastest-growing businesses, with gross spend increasing over 35% year-on-year [10] Market Data and Key Metrics Changes - NDC (New Distribution Capability) represented approximately 4% of total air distribution bookings by the end of 2025, with expectations for acceleration in 2026 [11] - The company noted broad-based growth in air distribution bookings across all regions, including corporate travel, which had previously been negative [70] Company Strategy and Development Direction - The company is transitioning from a GDS-focused model to an AI-native technology leader, emphasizing the importance of AI in travel [5][6] - Recent executive leadership changes were announced to align with the new AI strategy, including the promotion of Garry Wiseman to President of Product and Engineering [7] - The company aims to leverage its extensive travel data and technology to become essential in the evolving AI ecosystem [16][19] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's positioning for strong, sustained performance, driven by distribution share gains and growth in hotel distribution and payments [5] - The company anticipates mid-single-digit volume growth for both 2026 and 2027, with a focus on continued share gains and growth in NDC bookings [28][33] - Management acknowledged challenges from external factors but noted positive momentum exiting 2025 [5][22] Other Important Information - The company paid off over $1 billion in debt in 2025, reducing pro forma net leverage by approximately 25% compared to year-end 2024 [8][26] - A restructuring charge of $51 million was recorded in Q4 2025 as part of an inflation offset program, with expected cash outflows of around $60 million in 2026 [32][73] Q&A Session Summary Question: What still needs to be done on the AI front, and what upside opportunities might evolve from AI? - Management highlighted the importance of demonstrating an end-to-end experience in conversational commerce for travel, with partnerships aimed at enhancing itinerary planning and payment options [38][42] Question: Does the introduction of GenAI change the economic equation for direct connects? - Management explained that Sabre's scalable marketplace and ability to aggregate and normalize travel content provide a competitive advantage in managing direct connects [50][52] Question: Can you elaborate on the inflation offset program? - Management indicated that the program aims to keep technology and SG&A costs flat while leveraging geographical advantages and embedding AI for productivity [55][59] Question: How is corporate travel performing, and where is the strength coming from? - Management noted positive signs in corporate travel, with strength coming from both traditional players and new entrants [80] Question: Can you provide an update on capital allocation for 2026 and beyond? - Management stated that while debt paydown remains a priority, there is also a focus on investing in growth initiatives, particularly in agentic AI [62][66]

Core Insights - Sabre (SABR) reported a quarterly loss of $0.01 per share, better than the Zacks Consensus Estimate of a loss of $0.07, representing an earnings surprise of +84.62% [1] - The company posted revenues of $666.53 million for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 2.02%, but down from $714.72 million year-over-year [2] - Sabre shares have declined approximately 31% since the beginning of the year, contrasting with the S&P 500's zero return [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.03 on revenues of $742.1 million, and for the current fiscal year, it is $0.12 on revenues of $2.86 billion [7] - The estimate revisions trend for Sabre was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] Industry Context - The Internet - Software and Services industry, to which Sabre belongs, is currently ranked in the bottom 36% of over 250 Zacks industries, suggesting potential challenges for stock performance [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact investor sentiment [5]

Q4 and FY 2025 Earnings Report 18 February 2026 ©2026 Sabre GLBL Inc. All rights reserved. 1 Forward-looking statements Forward-looking Statements Certain statements herein are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, statements about trends, future events, uncertainties and our plans and expectations of what may happen in the future, including regarding the Company's plan for long-ter ...