Filing Flows › Sabre (SABR) › Q3 2025
Sabre (SABR) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 5, 2025
Sabre (SABR) reported revenue of $715M for the third quarter 2025 (Q3 2025), +3% from a year earlier and +4% from the quarter before. Operating margin was 13.1%, net earnings $848M (118.6% of revenue).
Sabre, Q3 2025: revenue $715M (+4% year over year), operating margin 13.1%, net earnings $848M, operating cash flow $33.7M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $715M | +4% | +3% |
| Operating profit | $93.6M | +5% | +62% |
| Net earnings | $848M | — | — |
| Operating cash flow | $33.7M | — | +38% |
| Free cash flow | $13.4M | — | +163% |
What changed
Revenue was $715.2M in Q3 2025, up 3% year over year and up 4% from the previous quarter. Distribution was the largest line at 80% of revenue. Distribution added $24.3M year over year (up 4%), 102% of the total change.
Operating profit was $93.6M, a 13.1% margin (up 4.7 points year over year). Of the extra revenue versus a year earlier, 150% reached operating profit, above the 8% margin then. Total costs fell 2% while revenue rose 3%. Net earnings were $848.7M. The effective tax rate was -7.4%. Non-operating items added $696.3M, 88% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $33.7M (up 38% year over year), 4% of net earnings. Non-cash charges added back $27.0M of depreciation and amortization and $11.2M of share-based compensation. Working capital and other items used $853.0M. After itions to property and equipment ($20.3M), free cash flow as the company reports it was $13.4M.
Questions
What was Sabre's revenue in the third quarter 2025?
Sabre (SABR) reported revenue of $715M for the third quarter 2025 (Q3 2025), +3% from a year earlier and +4% from the quarter before.
Was Sabre profitable in the third quarter 2025?
Operating profit was $93.6M (13.1% of revenue) and net earnings $848M.
Source: Sabre 10-Q on SEC EDGAR.