Filing Flows › Sabre (SABR) › Q2 2025
Sabre (SABR) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 7, 2025
Sabre (SABR) reported revenue of $687M for the second quarter 2025 (Q2 2025), -1% from a year earlier and -12% from the quarter before. Operating margin was 13.0%, net loss $257M (37.3% of revenue).
Sabre, Q2 2025: revenue $687M (-1% year over year), operating margin 13.0%, net loss $257M, operating cash flow −$218M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $687M | -12% | -1% |
| Operating profit | $89.1M | -14% | — |
| Net earnings | −$257M | -822% | — |
| Operating cash flow | −$218M | — | — |
What changed
Revenue was $687.1M in Q2 2025, down 1% year over year and down 12% from the previous quarter. Distribution was the largest line at 79% of revenue. Distribution lost $4.8M year over year (down 1%), 61% of the total change.
Operating profit was $89.1M, a 13.0% margin (up 6.0 points year over year). Total costs fell 7% while revenue fell 1%. The quarter ended with a net loss of $256.5M, after a profit of $35.5M the previous quarter. Net interest and other expense of $254.4M was the main reason.
Operating cash flow was −$217.9M. Non-cash charges added back $21.2M of depreciation and amortization and $9.9M of share-based compensation. Capital expenditures of $21.3M exceeded it, leaving free cash flow of −$239.1M.
Questions
What was Sabre's revenue in the second quarter 2025?
Sabre (SABR) reported revenue of $687M for the second quarter 2025 (Q2 2025), -1% from a year earlier and -12% from the quarter before.
Was Sabre profitable in the second quarter 2025?
Operating profit was $89.1M (13.0% of revenue) and net loss $257M.
Source: Sabre 10-Q on SEC EDGAR.