Overview
- Q4 2025 revenue rose to $667 million and full-year revenue reached $2.8 billion, with normalized adjusted EBITDA at $119 million for Q4 and $536 million for the year.
- The company repaid more than $1 billion of debt and extended maturities, with over 90% now due in 2029 or later, reducing pro forma net leverage.
- 2026 guidance calls for mid-single-digit revenue and volume growth, roughly $585 million in pro forma adjusted EBITDA, and about negative $70 million in free cash flow, with a target for sustainable positive free cash flow in 2027.
- Executive moves align with the agentic AI push, including Garry Wiseman promoted to president of product and engineering, Shawn Williams named COO, Andy Finkelstein becoming chief commercial officer of travel marketplace, and Roshan Mendis set to depart after an advisory period.
- Sabre launched agentic APIs and partnerships, including a ChatGPT plugin plus collaborations with PayPal, Mindtrip, BizTrip, and Virgin Australia, while highlighting proprietary scale such as 50 petabytes of curated data, about 14,000 transactions per second, and 11 billion monthly shopping signals; Sabre Payments grew gross spend by more than 35% year over year.