Sabre Corporation, together with its subsidiaries, operates as a software and technology company for the travel industry in the United States, Europe, Asia-Pacific, and internationally. It offers the Sabre Mosaic marketplace, a business-to-business travel marketplace that provides travel solutions for travel suppliers and buyers. The company also provides software technology products and solutions for airlines and other travel suppliers, including reservation systems for full-cost and low-cost carriers, commercial and operations products, agency solutions, and data-driven intelligence solutions. In addition, it offers SabreMosaic Airline Technology, an offer and order retailing platform for airlines. The company serves travel suppliers, such as airlines, hotels and other lodging providers, car rental brands, rail carriers, cruise lines, tour operators, attractions and services; a network of travel buyers, including online and offline travel agencies, travel management companies, and corporate travel departments; and airports, governments and tourism boards. Sabre Corporation was incorporated in 2006 and is headquartered in Southlake, Texas.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $2.8B | $315M | $525M | $-213M | -49.9% | 1.0% | -288.2% |
| 2024 | $2.7B | $295M | $-279M | $-9M | 17.2% | 3.9% | -47.2% |
| 2023 | $2.6B | $60M | $-528M | $-25M | 38.0% | 4.1% | 21.2% |
| 2022 | $2.5B | $56M | $-435M | $-349M | 49.2% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 2,537.02 | 2,642.08 | 2,744.84 | 2,770.98 |
| Cost Of Revenue | - | 2,136.92 | 2,026.97 | 1,927.02 | 1,918.09 |
| Gross Profit | - | 400.10 | 615.11 | 817.82 | 852.90 |
| Operating Expense | - | 661.16 | 582.89 | 575.97 | 557.40 |
| Operating Income | - | -261.06 | 32.22 | 241.85 | 295.50 |
| EBITDA | - | 56.43 | 59.92 | 295.35 | 314.52 |
| EBIT | - | -128.20 | -61.30 | 185.83 | 208.60 |
| Pretax Income | - | -423.43 | -457.89 | -267.44 | -239.23 |
| Tax Provision | - | 8.67 | 33.65 | 4.11 | 16.26 |
| Net Income | - | -435.45 | -527.61 | -278.76 | 524.62 |
| Net Income Common Stockholders | - | -456.83 | -541.86 | -278.76 | 524.62 |
| Total Expenses | - | 2,798.08 | 2,609.85 | 2,503 | 2,475.49 |
| Interest Expense | - | 295.23 | 396.60 | 453.27 | 447.83 |
| Selling General And Administration | - | 661.16 | 582.89 | 575.97 | 557.40 |
| Normalized EBITDA | - | 60.90 | 168.50 | 333.35 | 405.20 |
| Normalized Income | - | -431.24 | -405.43 | -241.61 | -183.20 |
| Market Cap | 719.22 | 719.22 | 719.22 | 719.22 | 719.22 |
Technology sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Sabre Corporationthis co. | SABR | $707M | 1.37β discount | -0.68 | -49.9% | 13.74 |
| Vishay Precision Group, Inc. | VPG | $748M | 140.68 | 2.22 | 1.6% | 27.99 |
| AMBQ | AMBQ | $742M | - | 3.92 | -22.4% | -18.54 |
| Daily Journal Corporation | DJCO | $730M | 7.82 | 1.90 | 28.7% | 21.31 |
| NETGEAR, Inc. | NTGR | $708M | - |
| - |
| - |
| - |
| - |
| - |
| 1.45 |
| -3.6% |
| -25.07 |
| Kopin Corporation | KOPN | $700M | 393.00 | 10.86 | 3.6% | -47.38 |
| i3 Verticals, Inc. | IIIV | $682M | 279.88 | 1.41 | 3.5% | 25.50 |
| Viant Technology Inc. | DSP | $678M | 29.47 | 2.27 | 2.9% | 7.33 |
| VTEX | VTEX | $656M | 35.00 | 2.85 | 8.6% | 22.32 |
| Peer Median | - | 87.84 | 2.25 | 3.2% | 14.32 | |