Sabre Corp income statement
In fiscal 2025, Sabre Corp reported revenue of $2.77bn, up 1.0% on the year before, operating income of $295m (a 10.7% margin) and net income of $525m, or $1.34 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,382 | 2,524 | 2,631 | 2,961 | 3,373 | 3,598 | 3,867 | 3,975 | 1,334 | 1,689 | 2,537 | 2,642 | 2,745 | 2,771 | 2,854 |
| Cost of revenue | 1,575 | 1,705 | 1,742 | 1,944 | 2,288 | 2,514 | 1,654 | 1,726 | 579 | 691 | 1,041 | 1,076 | 1,146 | 1,207 | 1,251 |
| Gross profit | 807 | 818 | 889 | 1,017 | 1,086 | 1,085 | 2,213 | 2,249 | 755 | 997 | 1,496 | 1,566 | 1,599 | 1,564 | 1,603 |
| Selling, general and administrative | 793 | 437 | 468 | 557 | 626 | 510 | 552 | 600 | 586 | 610 | 661 | 583 | 576 | 557 | 570 |
| Operating income | −7 | 381 | 421 | 460 | 460 | 493 | 562 | 363 | −988 | −665 | −261 | 32 | 242 | 295 | 324 |
| Interest expense | 232 | 275 | 219 | 173 | 158 | 154 | 157 | 156 | 226 | 258 | 295 | 448 | — | — | — |
| Income before tax | −222 | 106 | 117 | 354 | 328 | 378 | 398 | 200 | −1,305 | −938 | −423 | −458 | −267 | −239 | −141 |
| Income tax | −7 | 54 | 6 | 119 | 87 | 128 | 57 | 35 | −21 | −15 | 9 | 34 | 4 | 16 | −63 |
| Net income | −611 | −100 | 69 | 545 | 243 | 243 | 338 | 159 | −1,282 | −928 | −435 | −528 | −279 | 525 | 718 |
| Diluted EPS | −$3.65 | −$0.74 | $0.23 | $1.95 | $0.86 | $0.87 | $1.22 | $0.57 | −$4.45 | −$2.96 | −$1.40 | −$1.56 | −$0.73 | $1.34 | $1.81 |
| Diluted shares (average) | 177m | 185m | 247m | 280m | 283m | 278m | 278m | 276m | 290m | 321m | 327m | 347m | 384m | 392m | 397m |
| EBITDA | 236 | 504 | 579 | 673 | 693 | 758 | 866 | 674 | −624 | −403 | −76 | 153 | 351 | 401 | 432 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 691 | 645 | 702 | 687 | 715 | 667 | 760 | 712 |
| Cost of revenue | 295 | 266 | 305 | 296 | 313 | 292 | 335 | 310 |
| Gross profit | 397 | 379 | 397 | 391 | 402 | 374 | 425 | 401 |
| Selling, general and administrative | 149 | 143 | 130 | 129 | 140 | 158 | 134 | 138 |
| Operating income | 58 | 46 | 91 | 89 | 94 | 21 | 116 | 93 |
| Income before tax | −55 | −85 | −15 | −110 | −10 | −104 | −2 | −25 |
| Income tax | 7 | −12 | −12 | 91 | −59 | −5 | −11 | 12 |
| Net income | −63 | −75 | 35 | −256 | 849 | −103 | 8 | −36 |
| Diluted EPS | −$0.16 | −$0.20 | $0.09 | −$0.65 | $1.98 | −$0.27 | $0.02 | −$0.09 |
| EBITDA | 91 | 73 | 117 | 115 | 121 | 49 | 142 | 120 |
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