Loading…
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 |
| Operating 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 |
| Selling General And Administration | - | 661.16 | 582.89 | 575.97 | 557.40 |
| Total Expenses | - | 2,798.08 | 2,609.85 | 2,503 | 2,475.49 |
| Operating Income | - | -261.06 | 32.22 | 241.85 | 295.50 |
| Total Operating Income As Reported | - | -261.06 | 32.22 | 241.85 | 295.50 |
| EBITDA | - | 56.43 | 59.92 | 295.35 | 314.52 |
| Normalized EBITDA | - | 60.90 | 168.50 | 333.35 | 405.20 |
| EBIT | - | -128.20 | -61.30 | 185.83 | 208.60 |
| Interest Expense | - | 295.23 | 396.60 | 453.27 | 447.83 |
| Net Interest Income | - | -295.23 | -396.60 | -453.27 | -447.83 |
| Other Non Operating Income Expenses | - | 136.65 | 13.02 | -20.63 | 0.39 |
| Other Income Expense | - | 132.86 | -93.52 | -56.02 | -86.90 |
| Interest Expense Non Operating | - | 295.23 | 396.60 | 453.27 | 447.83 |
| Net Non Operating Interest Income Expense | - | -295.23 | -396.60 | -453.27 | -447.83 |
| Pretax Income | - | -423.43 | -457.89 | -267.44 | -239.23 |
| Tax Provision | - | 8.67 | 33.65 | 4.11 | 16.26 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -0.94 | -22.80 | -7.98 | -19.04 |
| Net Income Continuous Operations | - | -432.10 | -491.54 | -271.55 | -255.49 |
| Net Income From Continuing And Discontinued Operation | - | -435.45 | -527.61 | -278.76 | 524.62 |
| Net Income From Continuing Operation Net Minority Interest | - | -434.77 | -491.21 | -271.62 | -254.84 |
| Net Income | - | -435.45 | -527.61 | -278.76 | 524.62 |
| Net Income Common Stockholders | - | -456.83 | -541.86 | -278.76 | 524.62 |
| Net Income Including Noncontrolling Interests | - | -432.78 | -527.94 | -278.68 | 523.96 |
| Normalized Income | - | -431.24 | -405.43 | -241.61 | -183.20 |
| Diluted NI Availto Com Stockholders | - | -456.83 | -541.86 | -278.76 | 524.62 |
| Basic Average Shares | - | 326.74 | 346.57 | 383.73 | 391.71 |
| Diluted Average Shares | - | 326.74 | 346.57 | 383.73 | 391.71 |
| Reconciled Depreciation | - | 184.63 | 121.22 | 109.52 | 105.92 |
| Reconciled Cost Of Revenue | - | 2,136.92 | 2,026.97 | 1,927.02 | 1,918.09 |
| Total Unusual Items | - | -4.47 | -108.58 | -37.99 | -90.68 |
| Total Unusual Items Excluding Goodwill | - | -4.47 | -108.58 | -37.99 | -90.68 |
| Preferred Stock Dividends | 21.60 | 21.38 | 14.26 | - | - |
| Minority Interests | - | -2.67 | 0.33 | -0.08 | 0.66 |
| Net Income Discontinuous Operations | - | -0.68 | -36.40 | -7.14 | 779.45 |
| Special Income Charges | - | -4.47 | -108.58 | -37.99 | -90.68 |
| Other Special Charges | - | 4.47 | 108.58 | 37.99 | 90.68 |
| Earnings From Equity Interest | - | 0.69 | 2.04 | 2.61 | 3.39 |
Technology sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Sabre Corporationthis co. | SABR | $731M | 1.39↓ discount | -0.70 | -49.9% | 13.78 |
| Ibotta, Inc. | IBTA | $764M | 213.61 | 2.65 | 1.2% | 80.56 |
| Red Violet, Inc. | RDVT | $763M | 58.01 | 7.56 | 13.0% | 30.34 |
| PagerDuty, Inc. | PD | $733M | 4.21 | 2.89 | 68.6% | 17.07 |
| Daily Journal Corporation | DJCO | $728M | 6.49 |
| - |
| - |
| - |
| - |
| - |
| 1.86 |
| 28.7% |
| 4.81 |
| N-able, Inc. | NABL | $723M | - | 0.90 | -2.1% | 12.64 |
| Mitek Systems, Inc. | MITK | $719M | 81.70 | 2.99 | 3.7% | 18.48 |
| Frequency Electronics, Inc. | FEIM | $713M | 30.09 | 12.81 | 42.6% | 50.11 |
| NETGEAR, Inc. | NTGR | $691M | -38.55 | 1.39 | -3.6% | -29.25 |
| Peer Median | - | 30.09 | 2.77 | 8.3% | 17.77 | |