Earnings summaries and quarterly performance for Sabre.
Executive leadership at Sabre.
Kurt Ekert
Detailed
Chief Executive Officer and President
CEO
GW
Garry Wiseman
Detailed
Executive Vice President and Chief Product and Technology Officer, Travel Solutions
JD
Joe DiFonzo
Detailed
Executive Vice President and Chief Information Officer
MR
Michael Randolfi
Detailed
Executive Vice President and Chief Financial Officer
RB
Rochelle Boas
Detailed
Executive Vice President and Chief Legal Officer
RM
Roshan Mendis
Detailed
Executive Vice President and Chief Commercial Officer, Travel Solutions
Board of directors at Sabre.
Research analysts who have asked questions during Sabre earnings calls.
JK
Jed Kelly
Oppenheimer & Co. Inc.
6 questions for SABR
Also covers: ABNB, BKNG, CARG +12 more
JB
Josh Baer
Morgan Stanley
6 questions for SABR
Also covers: ASAN, BIGC, BOX +19 more
Dan Wasiolek
Morningstar, Inc.
3 questions for SABR
Also covers: CHH, WH
Deepak Mathivanan
Cantor Fitzgerald
3 questions for SABR
Also covers: ABNB, CART, DASH +9 more
HF
Hin Fung Cheng
Bank of America
3 questions for SABR
Also covers: PRO
Victor Cheng
Bank of America Merrill Lynch
3 questions for SABR
Also covers: PRO
AI
Alexander Irving
AllianceBernstein
2 questions for SABR
Also covers: AFLYY, DLAKY, RYAAY
JH
Jack Halpert
Cantor Fitzgerald
2 questions for SABR
AI
Alex Irving
Bernstein
1 question for SABR
Also covers: AFLYY
JG
James Goodall
Redburn Atlantic
1 question for SABR
Also covers: GBTG
JL
James Lee
Mizuho Securities
1 question for SABR
Also covers: ABNB, BABA, BIDU +5 more
JH
Jeffrey Harlib
Barclays
1 question for SABR
Recent press releases and 8-K filings for SABR.
Sabre Discusses AI Strategy, 2026 Growth Outlook, and Constellation Software Investment
SABR
New Projects/Investments
Guidance Update
Board Change
- Sabre views AI as a significant growth stimulant, making it more essential in the travel ecosystem by facilitating complex transactions and leveraging its data. A partnership with PayPal and MyTrip for an end-to-end integrated user experience is set to go live in Q2 2026.
- The company is guiding for mid-single-digit air bookings growth for 2026 and 2027, driven by strategic initiatives including Sabre Mosaic, air expansion (NDC, LCCs), and growth in its hotel distribution and payments businesses.
- Sabre expects to generate over $500 million in unlevered free cash flow in 2026 and had $900 million on its balance sheet at the end of the last quarter, but believes the market is pricing in distress risk and undervalues the company.
- Constellation Software acquired 12.7% of Sabre's shares, resulting in a board appointment, with Constellation viewing the company as "dramatically undervalued".
- While recent geopolitical events have impacted a small proportion of bookings in the Middle East and affected Europe (representing 16% of bookings), Sabre remains optimistic for 2026 due to broad-based strength, particularly in corporate travel.
3 days ago
Sabre Details AI Strategy, Constellation Software Investment, and 2026 Growth Outlook
SABR
New Projects/Investments
Board Change
Guidance Update
- Sabre is positioning itself as essential to the travel ecosystem through AI integration, with a significant partnership with PayPal and MyTrip expected to go live in Q2 2026. Management believes agentic AI will be a major growth stimulant for the company.
- Constellation Software has acquired a 12.7% stake in Sabre, resulting in the appointment of Damian McKay to Sabre's board. Constellation views Sabre as "dramatically undervalued" and supports the management's strategy.
- Sabre's strategic focus includes deleveraging the balance sheet through EBITDA expansion and free cash flow generation, targeting over $500 million in unlevered free cash flow in 2026.
- The company projects mid-single digit air bookings growth for 2026 and 2027, driven by strategic initiatives such as air expansion, NDC, and low-cost carrier integration, even with an assumption of flat GDS industry growth.
3 days ago
Sabre Discusses AI Strategy, 2026 Growth Initiatives, and Constellation Software Agreement
SABR
Product Launch
Guidance Update
Board Change
- Sabre views AI as a key growth stimulant, positioning itself as the "technical plumbing" of the travel industry, and expects to go live with its PayPal and MyTrip partnership in Q2 2026 to provide end-to-end user experiences.
- The company is focused on deleveraging its balance sheet and driving growth through innovation, including its Sabre Mosaic platform for airline IT, expanding its distribution business with NDC and LCCs, growing its hotel distribution (over $20 billion in volume last year), and its payments business (over $20 billion in payments last year, growing at 40%).
- Sabre anticipates mid-single-digit air bookings growth for 2026 and 2027, driven by strategic initiatives, and expects to generate at or above $500 million of unlevered free cash flow in 2026.
- Constellation Software, which acquired 12.7% of Sabre shares, has reached an agreement with Sabre, leading to the appointment of Damian McKay to Sabre's board. Constellation believes Sabre is "dramatically undervalued".
- Despite recent geopolitical events impacting travel in the Middle East (a few percentage points of bookings) and Europe (16% of bookings), Sabre remains optimistic about the year, noting broad-based strength in bookings from December through mid-February and a strong setup for corporate travel.
3 days ago
Sabre Appoints Niklas Andréen as Chief Commercial Officer, Airline Tech
SABR
Management Change
Hiring
New Projects/Investments
- Sabre announced the appointment of Niklas Andréen as Chief Commercial Officer, Airline Tech on March 10, 2026, a role intended to accelerate execution following the company's technology rebuild.
- Andréen, who brings over 30 years of experience in technology and leadership across global travel organizations, will lead global airline sales, account management, commercial strategy, business development, and customer support.
- In a related leadership update, Darren Rickey was appointed Senior Vice President, Strategic Commercial Partnerships, focusing on advancing critical growth initiatives and strategic partnerships.
3 days ago
Sabre and Constellation Software Enter Strategic Governance Agreement, Appoint New Director, and Terminate Rights Plan
SABR
Board Change
M&A
- Sabre Corporation and Constellation Software Inc. have entered into a strategic governance agreement as of March 5, 2026.
- In connection with the agreement, Sabre will appoint Damian McKay, CEO of Vela Software Group (an operating group division of Constellation), to its Board of Directors. Mr. McKay will also serve on the Technology Committee of the Board.
- Constellation Software, which beneficially owns approximately 12.7% of Sabre's outstanding shares, is subject to customary standstill restrictions, limiting its beneficial ownership and economic exposure to no more than 15% of Sabre's outstanding common stock during a specified period.
- Sabre's Board will terminate the shareholder rights plan that was announced on March 1, 2026, by accelerating its Final Expiration Date to the close of business on March 6, 2026. The Certificate of Designation of Series B Preferred Stock, established for the rights plan, will also be eliminated.
8 days ago
Sabre and Constellation Software Enter Strategic Governance Agreement
SABR
Board Change
M&A
- Sabre Corporation and Constellation Software Inc., a beneficial owner of approximately 12.7% of Sabre's outstanding shares, have entered into a strategic governance agreement.
- In connection with this agreement, Sabre will appoint Damian McKay, Chief Executive Officer of Vela Software Group (an operating group division of Constellation), to its Board of Directors.
- The Sabre Board will also terminate the Company's shareholder rights plan that was announced on March 1, 2026.
8 days ago
Sabre Discusses Shareholder Rights Plan, Growth Strategy, and Financial Outlook
SABR
Takeover Bid
New Projects/Investments
Guidance Update
- Sabre implemented a shareholder rights plan in response to a significant accumulation of shares by Constellation to protect the company and its shareholders.
- The company's strategy focuses on deleveraging, having paid down $1 billion of debt last year, and growth through innovation, targeting mid-single digit volume and revenue growth for 2026 and 2027.
- Sabre views Agentic AI as a significant opportunity, positioning itself as the backend for new platforms, and its new Sabre Mosaic Airline IT platform is expected to drive mid-single digit revenue growth in IT solutions for 2026.
- Sabre expects gross margins of 56%-57% for 2026 and anticipates positive free cash flow in 2027, with $812 million of usable cash on the balance sheet and the next large debt maturity in June 2029.
Mar 3, 2026, 5:15 PM
Sabre Projects Mid-Single-Digit Growth and Positive Free Cash Flow by 2027, Addresses Shareholder Rights Plan
SABR
Guidance Update
New Projects/Investments
Takeover Bid
- Sabre projects mid-single-digit volume and revenue growth for both 2026 and 2027, anticipating positive free cash flow in 2027 after a guided -$70 million for 2026, which includes $60 million in restructuring costs. The company also paid down $1 billion of debt last year, significantly improving its balance sheet.
- The company is driving growth through innovation, particularly with agentic AI, where it aims to be a key platform, and its new Sabre Mosaic Air IT platform, which is expected to achieve mid-single-digit revenue growth in 2026. Air distribution bookings accelerated to +4% by year-end, supported by new business and market share gains.
- Sabre is implementing an inflation offset program to keep technology and SG&A costs relatively flat over the next 2-3 years, leveraging AI and strategic partnerships. The company maintains a strong liquidity position with $812 million of usable cash and no significant debt maturities until June 2029.
- Sabre adopted a shareholder rights plan in response to a significant accumulation of shares by Constellation, stating the action was taken to protect the company and its shareholders.
Mar 3, 2026, 5:15 PM
Sabre Unveils AI-First Platform and Company Rebuild
SABR
Product Launch
New Projects/Investments
- At ITB Berlin 2026, Sabre unveiled a multiyear, once-in-a-generation rebuild of its technology, architecture, and operating foundations, resulting in a single, unified, AI-first platform.
- The company has established a first-mover position in agentic travel with its AI-native, cloud-first platform, Sabre Mosaic™, which is designed for speed, resilience, and scale.
- Sabre's AI is embedded across the platform, engineered into the core over multiple years, powered by Google Gemini, and leverages Sabre's Travel Data Cloud, one of the world's largest with over 50 petabytes of compliant data.
- Sabre completed this rebuild while strengthening its financial foundation through disciplined debt management, portfolio actions, and operating rigor, positioning the company for a value-creation phase with greater flexibility and an improved cost structure.
Mar 3, 2026, 7:01 AM
Sabre Corporation Adopts Shareholder Rights Plan
SABR
Takeover Bid
Board Change
Convertible Preferred Issuance
- Sabre Corporation adopted a limited-duration shareholder rights plan on March 1, 2026, which is effective immediately and expires in one year.
- This plan was implemented in response to Constellation Software Inc.'s accumulation of a 9.7% economic position in Sabre between April and November 2025.
- Constellation Software had requested a board seat and submitted a nomination notice, but abruptly broke off negotiations with Sabre on February 26, 2026.
- The rights plan is triggered if any person or group acquires 15% (or 20% for certain passive investors) or more of Sabre's outstanding common stock.
- Each right, issued for shares outstanding as of March 11, 2026, entitles the holder to purchase one one-thousandth of a share of Series B Preferred Stock at $7.00 per one one-thousandth of a share.
Mar 2, 2026, 1:08 PM
Quarterly earnings call transcripts for Sabre.
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