Filing Flows › Sabre (SABR) › Q1 2026
Sabre (SABR) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 7, 2026
Sabre (SABR) reported revenue of $760M for the first quarter 2026 (Q1 2026), +8% from a year earlier and +14% from the quarter before. Operating margin was 15.2%, net earnings $8.0M (1.1% of revenue).
Sabre, Q1 2026: revenue $760M (+8% year over year), operating margin 15.2%, net earnings $8.0M, operating cash flow −$134M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $760M | +14% | +8% |
| Operating profit | $116M | +443% | +12% |
| Net earnings | $8.0M | — | -77% |
| Operating cash flow | −$134M | -196% | — |
What changed
Revenue was $760.3M in Q1 2026, up 8% year over year and up 14% from the previous quarter. Marketplace was the largest line at 81% of revenue. Marketplace added $48.9M year over year (up 9%), 84% of the total change.
Operating profit was $115.9M, a 15.2% margin (up 2.2 points year over year). Of the extra revenue versus Q1 2025, 42% reached operating profit, above the 13% margin then. Total costs grew 6% against revenue growth of 8%. Net earnings were $8.1M, down 77% year over year.
Operating cash flow was −$134.2M. Non-cash charges added back $26.5M of depreciation and amortization and $5.7M of share-based compensation. Working capital and other items used $174.3M. Capital expenditures of $21.2M exceeded it, leaving free cash flow of −$155.4M.
Questions
What was Sabre's revenue in the first quarter 2026?
Sabre (SABR) reported revenue of $760M for the first quarter 2026 (Q1 2026), +8% from a year earlier and +14% from the quarter before.
Was Sabre profitable in the first quarter 2026?
Operating profit was $116M (15.2% of revenue) and net earnings $8.0M.
Source: Sabre 10-Q on SEC EDGAR.