secwatch.observer — SEC 8-K summary
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Issuer:     Sabre Corp (SABR)
CIK:        0001597033
Form:       8-K
Filed at:   2026-05-07T23:59:59+00:00
Accession:  0001628280-26-031703
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sabre Q1 revenue up 8% to $760M, Normalized Adj EBITDA up 21% to $169M; reaffirms FY guidance
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- Operating income $116M (+27% YoY); net income $8M vs $35M prior year due to discontinued ops.
- Marketplace (ex-Distribution) revenue $618M (+9%) on 101M total bookings (+5%) and $6.10 avg fee.
- Airline Technology revenue $142M (+7%); air bookings grew 6% YoY, highest in over two years.
- Reaffirmed FY2026 Pro Forma Adj EBITDA ~$585M (+9% YoY) and Free Cash Flow guidance.
- Q2 guidance: ~$130M Pro Forma Adj EBITDA, revenue flat-to-nominal YoY, air bookings near flat.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1597033/000162828026031703/0001628280-26-031703-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1597033/000162828026031703/sabr-20260507.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-031703

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer