Filing Flows › Sabre (SABR) › Q1 2025
Sabre (SABR) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 7, 2025
Sabre (SABR) reported revenue of $777M for the first quarter 2025 (Q1 2025), -0.8% from a year earlier and +9% from the quarter before. Operating margin was 13.3%, net earnings $35.5M (4.6% of revenue).
Sabre, Q1 2025: revenue $777M (-0.8% year over year), operating margin 13.3%, net earnings $35.5M, operating cash flow −$80.6M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $777M | +9% | -0.8% |
| Operating profit | $103M | — | — |
| Net earnings | $35.5M | — | — |
| Operating cash flow | −$80.6M | — | — |
What changed
Revenue was $776.6M in Q1 2025, down 1% year over year and up 9% from the previous quarter.
Operating profit was $103.4M, a 13.3% margin (up 0.8 points year over year). Total costs fell 2% while revenue fell 1%. Net earnings were $35.3M.
Operating cash flow was −$80.6M. Non-cash charges added back $29.8M of depreciation and amortization and $13.7M of share-based compensation. Working capital and other items used $159.6M. Capital expenditures of $17.9M exceeded it, leaving free cash flow of −$98.5M.
Questions
What was Sabre's revenue in the first quarter 2025?
Sabre (SABR) reported revenue of $777M for the first quarter 2025 (Q1 2025), -0.8% from a year earlier and +9% from the quarter before.
Was Sabre profitable in the first quarter 2025?
Operating profit was $103M (13.3% of revenue) and net earnings $35.5M.
Source: Sabre 10-Q on SEC EDGAR.