Quarterly ResultAug 6, 2026, 07:47 AM
Sabre Q2 Revenue $712M; Raises FY26 EBITDA & FCF Guidance
AI Summary
Sabre Corporation reported strong second-quarter 2026 financial results, exceeding its guidance for revenue, Pro Forma Adjusted EBITDA, and air distribution bookings. The company achieved $712 million in revenue, a 4% increase year-over-year, and a 19% rise in Normalized Adjusted EBITDA to $151 million, alongside positive free cash flow of $10 million. Following this performance, Sabre raised its full-year 2026 guidance for Pro Forma Adjusted EBITDA and Free Cash Flow, while reaffirming its revenue and air distribution bookings guidance.
Key Highlights
- Raised full-year 2026 Pro Forma Adjusted EBITDA and Free Cash Flow guidance.
- Second quarter 2026 revenue increased 4% year-over-year to $712 million.
- Second quarter 2026 Normalized Adjusted EBITDA grew 19% to $151 million.
- Second quarter 2026 Free Cash Flow was $10 million, turning positive from negative $240 million YoY.
- Marketplace revenue rose 6% to $577 million, driven by air bookings and fees.
- Hotel-related revenue grew 11% in the second quarter.
- Full-year 2026 Pro Forma Adjusted EBITDA guidance raised to ~$600 million, up 12% YoY.
- Full-year 2026 Free Cash Flow guidance raised to ~($65 million).
Price Impact
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