Sabre reported Q4 FY 2025 revenue of USD 667 million (+3%) and normalized adjusted EBITDA of USD 119 million (+10%), with a normalized adjusted EBITDA margin of 18% (up 107 bps). Q4 pro forma free cash flow was USD 116 million, including USD 19 million of disbursements related to Q4’25 refinancing. For FY 2025, Sabre posted revenue of USD 2.8 billion (+1%) and normalized adjusted EBITDA of USD 536 million (+10%), with a normalized adjusted EBITDA margin of 19% (up 166 bps). FY 2025 pro forma free cash flow was USD 57 million, including USD 19 million of disbursements related to Q4’25 refinancing, and cash on the balance sheet was USD 910 million at year-end, including USD 98 million of restricted cash for debt repayments in Q1’26. FY 2025 operating metrics included total distribution bookings of 365 million (+1%), air distribution bookings of 308 million (+0.3%), hotel distribution bookings of 42 million (+5%) with 130 bps attachment rate growth, and passengers boarded of 695 million (+2%). Sabre said it paid off over USD 1 billion in debt in 2025 using cash and proceeds from the sale of Hospitality Solutions, reduced year-end 2025 pro forma net leverage by about 25% from year-end 2024, and extended its maturity profile with more than 90% of debt maturing in 2029 or later; gross debt was shown at USD 4.4 billion as of December 2025. Business updates included “first-mover” agentic APIs and a proprietary MCP server for travel, the launch of SabreMosaic Continuous Revenue Optimizer and SabreMosaic Concierge IQ (with Virgin Australia cited as the first adopter), Payment Suite gross spend up 35% in 2025, and 42 live NDC integrations (up 15 in 2025). Sabre also highlighted partnerships involving BizTrip AI, PayPal + MindTrip, and enabling Virgin Australia’s chatbot in ChatGPT.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sabre Corporation published the original content used to generate this news brief on March 03, 2026, and is solely responsible for the information contained therein.