Sabre Corporation (SABR) Earnings Call Transcripts
Sabre Corporation's Latest Earnings Call - June 10, 2026
In the second quarter of fiscal year 2026, Sabre Corporation reported a revenue of $585 million, which was in line with expectations. However, the company adjusted its guidance for air distribution bookings growth from mid-single digits to low to mid-single digits due to ongoing geopolitical tensions impacting travel demand, particularly in the Middle East. Management indicated that bookings growth is expected to remain flat in the near term, with a potential recovery in the latter half of the year, but tempered expectations for the third and fourth quarters.
Reported metrics
| Metric | Value |
|---|---|
| Revenue | $585 million (inline) |
| Bookings Growth Guidance | Low to mid-single digits (negative) |
| Adjusted EBITDA | $585 million (positive) |
| Free Cash Flow | Positive in 2027 (positive) |
| Average Booking Fee | Constant (neutral) |
| Airline IT Growth | Mid-single digits (positive) |
Guidance from management
Sabre expects bookings growth to remain flat in the near term, with low to mid-single-digit growth anticipated for the remainder of 2026. The company is targeting positive free cash flow in 2027, supported by revenue growth and cost management efforts.
What management said
Yes. What's buffering the impact to us is if you look leading coming out of last year into this year, -- in terms of our GDS bookings at Sabre, we've been outperforming the industry by about 500 to 600 basis points, and that has buffered us in this turbulent time.
We -- right now, we're growing in the airline at business in the mid-single digits. It's turned from a negative to a positive business for us for the medium to long term, and I'll say 2 years out. we believe that inclusive of the Amadeus market position, this will be a double-digit CAGR business for Sabre. We're very confident about that. We need -- I would say what Amadeus is doing is logical. It's simply not legal....
What analysts pressed on
Analysts expressed concerns regarding the impact of geopolitical tensions on travel demand and the competitive dynamics with Amadeus. There were questions about how Sabre plans to navigate these challenges and maintain growth in a turbulent market.
Main topics on the call
- Impact of Geopolitical Tensions — Management acknowledged that geopolitical issues, particularly the Middle East conflict, have led to a 'roughly 7-point headwind' on bookings, resulting in flat growth. CEO Kurt Ekert stated, 'Overall, we felt pretty goo...
- AI Integration in Distribution — Sabre is advancing its AI capabilities with new partnerships, such as with PayPal and Mind Trip, enhancing its distribution offerings. Ekert noted, 'One of the cool things that's happened more recently is we launched a n...
- Corporate Travel Resilience — Despite market challenges, corporate and travel management company (TMC) volumes have shown resilience. CFO Mike Randolfi mentioned, 'Corporate and TMC volumes have been fairly resilient.'
- NDC and Revenue Per Booking — Management discussed the scaling of NDC (New Distribution Capability) and its impact on revenue per booking, indicating that while NDC is growing at a 50% rate, it may dilute revenue and margins slightly. Ekert stated, '...
Read the full Sabre Corporation transcript (June 10, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Sabre Corporation
Sabre Corporation (SABR) is a publicly listed company in the Hotels, Restaurants and Leisure industry, within the Consumer Discretionary sector. It trades on NasdaqGS and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 38 calls on record spanning February 26, 2020 to August 6, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 38 Sabre Corporation earnings call transcripts on record, spanning February 26, 2020 to August 6, 2026. Based on this history, Sabre Corporation reports quarterly. The most recent call on file is dated August 6, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- SABR
- Exchange
- NasdaqGS
- Country
- US
- Sector
- Consumer Discretionary
- Industry
- Hotels, Restaurants and Leisure
- Calls on record
- 38
- First call
- February 26, 2020
- Most recent
- August 6, 2026
- Reporting cadence
- quarterly