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Side-by-side financial comparison of Sabre Corp (SABR) and Skyward Specialty Insurance Group, Inc. (SKWD). Click either name above to swap in a different company.

Sabre Corp is the larger business by last-quarter revenue ($592.0M vs $385.6M, roughly 1.5× Skyward Specialty Insurance Group, Inc.). Skyward Specialty Insurance Group, Inc. runs the higher net margin — 11.2% vs -17.5%, a 28.7% gap on every dollar of revenue. On growth, Skyward Specialty Insurance Group, Inc. posted the faster year-over-year revenue change (26.7% vs 2.9%). Over the past eight quarters, Skyward Specialty Insurance Group, Inc.'s revenue compounded faster (20.6% CAGR vs -13.0%).

Sabre Corporation, a travel technology company headquartered in Southlake, Texas, is the largest global distribution systems (GDS) provider for air bookings. The company's primary product, the Sabre Global Distribution System, and others like it, act as neutral intermediaries, connecting travel suppliers like airlines and hotels with travel sellers like agencies. They offer real-time availability and pricing, making them important for corporate travel management.

Skyward Specialty Insurance Group, Inc. is a specialty property and casualty insurance provider offering tailored coverage solutions including commercial auto, general liability, professional indemnity, and specialty property policies. It primarily serves small-to-medium enterprises and niche industry segments across the United States, focusing on underwriting complex, hard-to-place risks for underserved client groups.

SABR vs SKWD — Head-to-Head

Bigger by revenue
SABR
SABR
1.5× larger
SABR
$592.0M
$385.6M
SKWD
Growing faster (revenue YoY)
SKWD
SKWD
+23.8% gap
SKWD
26.7%
2.9%
SABR
Higher net margin
SKWD
SKWD
28.7% more per $
SKWD
11.2%
-17.5%
SABR
Faster 2-yr revenue CAGR
SKWD
SKWD
Annualised
SKWD
20.6%
-13.0%
SABR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
SABR
SABR
SKWD
SKWD
Revenue
$592.0M
$385.6M
Net Profit
$-103.5M
$43.2M
Gross Margin
55.4%
Operating Margin
1.6%
14.2%
Net Margin
-17.5%
11.2%
Revenue YoY
2.9%
26.7%
Net Profit YoY
-38.6%
200.1%
EPS (diluted)
$-0.08
$1.03

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
SABR
SABR
SKWD
SKWD
Q4 25
$592.0M
$385.6M
Q3 25
$715.2M
$382.5M
Q2 25
$687.1M
$319.9M
Q1 25
$776.6M
$328.5M
Q4 24
$575.6M
$304.4M
Q3 24
$691.3M
$300.9M
Q2 24
$695.0M
$279.9M
Q1 24
$782.9M
$265.0M
Net Profit
SABR
SABR
SKWD
SKWD
Q4 25
$-103.5M
$43.2M
Q3 25
$848.5M
$45.9M
Q2 25
$-256.5M
$38.8M
Q1 25
$35.5M
$42.1M
Q4 24
$-74.7M
$14.4M
Q3 24
$-62.8M
$36.7M
Q2 24
$-69.8M
$31.0M
Q1 24
$-71.5M
$36.8M
Gross Margin
SABR
SABR
SKWD
SKWD
Q4 25
55.4%
Q3 25
56.2%
Q2 25
56.9%
Q1 25
57.0%
Q4 24
58.8%
Q3 24
57.4%
Q2 24
57.8%
Q1 24
59.0%
Operating Margin
SABR
SABR
SKWD
SKWD
Q4 25
1.6%
14.2%
Q3 25
13.1%
15.8%
Q2 25
13.0%
15.6%
Q1 25
13.3%
15.7%
Q4 24
6.5%
6.1%
Q3 24
8.4%
15.6%
Q2 24
7.0%
14.4%
Q1 24
12.5%
17.7%
Net Margin
SABR
SABR
SKWD
SKWD
Q4 25
-17.5%
11.2%
Q3 25
118.6%
12.0%
Q2 25
-37.3%
12.1%
Q1 25
4.6%
12.8%
Q4 24
-13.0%
4.7%
Q3 24
-9.1%
12.2%
Q2 24
-10.0%
11.1%
Q1 24
-9.1%
13.9%
EPS (diluted)
SABR
SABR
SKWD
SKWD
Q4 25
$-0.08
$1.03
Q3 25
$1.98
$1.10
Q2 25
$-0.65
$0.93
Q1 25
$0.09
$1.01
Q4 24
$-0.20
$0.33
Q3 24
$-0.16
$0.89
Q2 24
$-0.18
$0.75
Q1 24
$-0.19
$0.90

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
SABR
SABR
SKWD
SKWD
Cash + ST InvestmentsLiquidity on hand
$791.6M
$168.5M
Total DebtLower is stronger
$4.3B
Stockholders' EquityBook value
$-1.0B
$1.0B
Total Assets
$4.5B
$4.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SABR
SABR
SKWD
SKWD
Q4 25
$791.6M
$168.5M
Q3 25
$661.7M
$160.1M
Q2 25
$426.1M
$136.6M
Q1 25
$651.1M
$112.9M
Q4 24
$724.5M
$121.6M
Q3 24
$668.8M
$105.6M
Q2 24
$612.6M
$73.0M
Q1 24
$629.1M
$85.1M
Total Debt
SABR
SABR
SKWD
SKWD
Q4 25
$4.3B
Q3 25
$4.2B
Q2 25
$5.1B
Q1 25
$5.0B
Q4 24
$5.0B
Q3 24
$4.9B
Q2 24
$4.9B
Q1 24
$5.1B
Stockholders' Equity
SABR
SABR
SKWD
SKWD
Q4 25
$-1.0B
$1.0B
Q3 25
$-950.8M
$961.4M
Q2 25
$-1.8B
$899.9M
Q1 25
$-1.6B
$850.7M
Q4 24
$-1.6B
$794.0M
Q3 24
$-1.5B
$797.5M
Q2 24
$-1.5B
$723.6M
Q1 24
$-1.4B
$692.3M
Total Assets
SABR
SABR
SKWD
SKWD
Q4 25
$4.5B
$4.8B
Q3 25
$4.4B
$4.6B
Q2 25
$4.4B
$4.3B
Q1 25
$4.7B
$4.0B
Q4 24
$4.6B
$3.7B
Q3 24
$4.7B
$3.6B
Q2 24
$4.7B
$3.4B
Q1 24
$4.7B
$3.2B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
SABR
SABR
SKWD
SKWD
Operating Cash FlowLast quarter
$408.1M
Free Cash FlowOCF − Capex
$402.6M
FCF MarginFCF / Revenue
104.4%
Capex IntensityCapex / Revenue
4.0%
1.4%
Cash ConversionOCF / Net Profit
9.44×
TTM Free Cash FlowTrailing 4 quarters
$755.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SABR
SABR
SKWD
SKWD
Q4 25
$408.1M
Q3 25
$33.7M
$171.4M
Q2 25
$88.2M
Q1 25
$-80.6M
$96.8M
Q4 24
$75.7M
$305.1M
Q3 24
$24.4M
$168.0M
Q2 24
$38.2M
$21.0M
Q1 24
$-68.1M
$94.3M
Free Cash Flow
SABR
SABR
SKWD
SKWD
Q4 25
$402.6M
Q3 25
$13.4M
$168.9M
Q2 25
$87.1M
Q1 25
$-98.5M
$96.6M
Q4 24
$61.0M
$300.9M
Q3 24
$5.1M
$167.6M
Q2 24
$20.4M
$18.4M
Q1 24
$-95.8M
$94.0M
FCF Margin
SABR
SABR
SKWD
SKWD
Q4 25
104.4%
Q3 25
1.9%
44.2%
Q2 25
27.2%
Q1 25
-12.7%
29.4%
Q4 24
10.6%
98.8%
Q3 24
0.7%
55.7%
Q2 24
2.9%
6.6%
Q1 24
-12.2%
35.5%
Capex Intensity
SABR
SABR
SKWD
SKWD
Q4 25
4.0%
1.4%
Q3 25
2.8%
0.6%
Q2 25
3.1%
0.3%
Q1 25
2.3%
0.1%
Q4 24
2.6%
1.4%
Q3 24
2.8%
0.1%
Q2 24
2.6%
0.9%
Q1 24
3.5%
0.1%
Cash Conversion
SABR
SABR
SKWD
SKWD
Q4 25
9.44×
Q3 25
0.04×
3.73×
Q2 25
2.27×
Q1 25
-2.27×
2.30×
Q4 24
21.18×
Q3 24
4.58×
Q2 24
0.68×
Q1 24
2.56×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

SABR
SABR

Distribution$526.8M89%
Other$65.2M11%

SKWD
SKWD

Segment breakdown not available.

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