Sabre Corporation has announced its financial results for the second quarter of 2025. The company reported a revenue of $687 million, representing a slight decline of 1% compared to the $695 million recorded in the same quarter of the previous year. The operating income was $89 million, with an improved operating margin of 13%, up 6 percentage points from the second quarter of 2024. The net loss attributable to common stockholders was $256 million for the quarter. The company also reported an Adjusted EBITDA of $118 million, which marks a 7% increase from Q2 2024. The Normalized Adjusted EBITDA was $127 million, reflecting a 6% rise from the previous year. Sabre ended the quarter with a cash balance of $447 million. Cash used in operating activities totaled $218 million, a significant shift from the $26 million provided in the prior year. Cash used in investing activities was $23 million, compared to $19 million the previous year. The company's President and CEO, Kurt Ekert, noted that the results were affected by weaker than anticipated air distribution bookings, despite growth strategies. He emphasized Sabre's ongoing focus on reducing leverage and driving sustainable growth through innovation, highlighting improvements in Adjusted EBITDA, extended debt maturities, and debt reduction. Sabre has updated its full-year outlook to reflect the latest growth assumptions, acknowledging the current volume pressure as transitory. The company continues to focus on developing innovative travel solutions for its customers to enhance competitiveness and drive long-term shareholder value.