Sabre reported third quarter results that surpassed analyst estimates on both the top and bottom lines, driven by transaction-based rate improvements and disciplined cost management. The company demonstrated significant progress in its financial recovery, achieving its fifth consecutive quarter of double-digit Normalized Adjusted EBITDA growth and successfully extending its debt maturity profile through 2032.

Key Highlights

  • Revenue increased 3% to $738 million, supported by a 14% surge in hotel-related revenue and improved average booking fees.
  • Adjusted EPS of $0.11 significantly outperformed the $0.02 consensus estimate as operating margins expanded to 14.8%.
  • Full-year 2026 Pro Forma Adjusted EBITDA guidance was raised to approximately $610 million, up from the previous outlook of $600 million.
  • The company completed a debt refinancing that eliminated major maturities until the third quarter of 2029 and lowered overall interest rates.