Sabre Corp

Sabre Corp reported a significant improvement in its second-quarter 2026 financial results, with revenue increasing to $711.96 million and net loss narrowing substantially to $(36.16) million compared to the prior year. The company also saw an increase in operating income and a reduction in cash used in operating activities. Sabre is continuing its restructuring program, which has incurred $62 million in costs to date, and has rebranded its revenue streams to 'Marketplace' and 'Airline Technology'.

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.

Sabre Corporation has designated Scott Hortenstine as its new principal accounting officer and Vice President and Controller, effective July 1, 2026. He will succeed Jami Kindle, who will serve in the role until June 30, 2026. Mr. Hortenstine, who joined Sabre in 2015 and has been Vice President of Global Accounting since 2023, will receive standard compensation and benefits for a Vice President.

Sabre GLBL Inc., a subsidiary of Sabre Corporation, issued $150.0 million in 7.00% Exchangeable Senior Notes due 2031. The proceeds will primarily be used to repurchase $100.0 million of existing 7.32% exchangeable senior notes due 2026, with the goal of retiring all existing notes and incurring no incremental indebtedness. The new notes are senior, unsecured obligations guaranteed by Sabre and Sabre Holdings, maturing on May 15, 2031.

Sabre reported Q1 2026 revenue of $760.3 million, an increase from $702.1 million in Q1 2025, with operating income also rising to $115.9 million. However, net income significantly decreased to $8.0 million ($0.02 diluted EPS) from $35.5 million ($0.09 diluted EPS) in the prior year, and cash used in operating activities worsened. The company is implementing a restructuring program, incurring $61 million in costs to date, and has rebranded its revenue streams to "Marketplace" and "Airline Technology."

Sabre Corporation reported strong first-quarter 2026 financial results, with revenue increasing 8% to $760 million and Normalized Adjusted EBITDA growing 21% to $169 million, exceeding its Q1 outlook. The company also achieved 6% air distribution bookings growth, the highest in over two years. Sabre reaffirmed its full-year 2026 guidance for Pro Forma Adjusted EBITDA and Free Cash Flow, anticipating a gradual recovery in air bookings despite near-term geopolitical impacts.

Sabre Corporation held its 2026 Annual Meeting of Stockholders on April 29, 2026. Stockholders approved the election of ten directors, ratified Ernst & Young LLP as the independent auditor for 2026, and approved two new compensation plans: the 2026 Omnibus Incentive Compensation Plan and the 2026 Director Equity Compensation Plan. Additionally, stockholders approved the advisory resolution on executive compensation.