Sabre has reported revenue of $715 million in the third quarter, representing a year-over-year increase of 3%.
The global distribution system (GDS) said adjusted EBITDA for the quarter increased 25% year over year to $141 million. Net income attributable to common stockholders in the quarter was $849 million, primarily driven by the sale of Sabre’s hospitality technology business in Q2.
“Our third quarter results reflect solid execution and improving momentum across our business,” said Kurt Ekert, president and CEO of Sabre. “We delivered positive growth in quarterly air distribution bookings driven by strong growth in September. This resulted in year-on-year growth in both revenue and adjusted EBITDA. In what has been a dynamic year, recent optimistic commentary from the broader travel industry provides us confidence that we are well positioned as we head into next year.”
Sabre recently announced the launch of APIs to enable agentic artificial intelligence (AI) solutions. Ekert touched on the potential for AI, describing it as an “incredible opportunity within the travel industry,” adding that “these tools will enable a new era of AI-driven retailing. Looking forward, we believe focused execution of our strategic priorities positions Sabre for long-term growth and value creation.”
The GDS’ distribution revenue increased 4% to $575 million, attributed to an increase in air and hotel distribution bookings. IT solutions revenue was flat at $140 million versus the same quarter in 2024.
Net income from continuing operations was $48 million, versus a loss of $62 million in the third quarter of 2024. The increase was attributed to lower labor costs and the bookings increase.
This story is subject to updates following Sabre’s Q3 earnings call.