Sabre’s Q3 2025 Wins: $715M Revenue, Debt Cut by $825M

Sabre Corporation has reported its third quarter 2025 financial results, showing a mixed performance with solid revenue and profit growth offset by a small earnings-per-share (EPS) loss that missed analyst expectations.

The company reported revenue of $715 million, a 3 percent increase from the same quarter last year and slightly ahead of forecasts.

Normalized adjusted EBITDA rose 23 percent year-over-year to $150 million, reflecting improved operational efficiency.

Sabre recorded a slight EPS loss of $0.01, missing the forecast, which had predicted positive earnings of $0.04 per share.

Distribution revenue increased by $24 million, or 4 percent, reaching $575 million. This growth was driven primarily by a $16 million increase in transaction-based revenue, supported by higher air and hotel distribution bookings, as well as improved pricing. At the same time, product-based revenue contributed an additional $8 million.

The average booking fee rose to $6.05, up from $5.94 in the same period last year.

Operating income climbed to $94 million, compared to $58 million in Q3 2024, mainly due to reduced labor and professional service costs and revenue gains.

Net income from continuing operations reached $48 million, reversing a $62 million loss from a year earlier. The turnaround was supported by stronger operating performance and a lower income tax provision.

In addition, Sabre repaid approximately $825 million in debt using proceeds from the sale of its Hospitality Solutions division, which was finalized in July 2025, thereby significantly improving its balance sheet position.

Sabre’s stock price declined by about one percent in pre-market trading following the release of its third-quarter earnings.

In contrast, during the second quarter, Sabre’s revenue fell short of expectations as air-distribution volumes dropped by roughly one percent compared with the same period the previous year. The market reaction was strong, as Sabre’s stock plunged 38 percent, marking its largest one-day loss in recent years.