Sabre beats Q2 revenue and adjusted EBITDA estimates, raises 2026 outlook

Sabre

06/08/2026 12:51

Overview
US travel technology firm's Q2 revenue grew 4% yr/yr, beating analyst expectations
Q2 adjusted EBITDA rose 21% yr/yr, beating analyst expectations
Company raised full-year 2026 guidance for Pro Forma Adjusted EBITDA and Free Cash Flow

Outlook
Sabre raises 2026 Pro Forma Adjusted EBITDA guidance to ~$600 mln, up 12% YoY
Company lifts 2026 Free Cash Flow guidance to ~($65 mln)
Sabre sees 2026 revenue and air distribution bookings guidance at low-to-mid-single-digit YoY growth

Result Drivers
AIR BOOKINGS AND FEES - Marketplace revenue grew 6% due to increased air bookings and higher booking fees
HOTEL REVENUE - Hotel-related revenue grew 11% in Q2
COST MANAGEMENT - Decrease in labor and professional services expenses due to inflation offset program supported EBITDA improvement

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$712 mln
$697.40 mln (3 Analysts)
Q2 Net Loss
 
$36 mln
 
Q2 Adjusted EBITDA
Beat
$143 mln
$126.97 mln (3 Analysts)

Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the software peer group is "buy."
Wall Street's median 12-month price target for Sabre Corporation is $1.90, about 10.4% below its August 5 closing price of $2.12
The stock recently traded at 26 times the next 12-month earnings vs. a P/E of 29 three months ago

Reuters Recommended Reads
Aug 5 - Expedia raises annual forecast on resilient domestic travel demand
Aug 4 - Global Business Travel Q2 revenue beats estimates
Aug 5 - Global Payments cuts annual forecasts as Middle East conflict hits travel spending

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)