Business · Companies · 2 days ago
Amadeus reports a 0.6% profit decline and keeps its 2026 outlook
Amadeus’s profit fell 0.6% to 1.082 billion euros in the first nine months of 2026, while the Spanish travel technology group’s revenue rose 3.7% to 5.076 billion euros.
The company provides technology for airlines and hotels, including the world’s leading travel reservation system.
Travel reservations declined 2.8% over the nine months, as the Middle East crisis and higher oil prices weighed on the business; the drop eased to 0.8% in the third quarter from 7.6% in the second.
Amadeus kept its 2026 forecast, though chief executive Luis Maroto said results would probably land near the lower end of the expected range because of the situation in the Middle East.
The company generated 1.036 billion euros in free cash flow, up 8.5%, and had net debt of 2.537 billion euros, equal to one times its previous 12 months of earnings before interest, taxes, depreciation and amortisation.
New partnerships with Anthropic and Nvidia are part of Amadeus’s strategy to expand its role in travel technology as artificial intelligence develops.
Amadeus reported a 0.6% fall in profit to €1.082 billion for the first nine months of the year.
Revenue rose 3.7% to €5.076 billion, while operating expenses excluding personnel costs and financial expenses increased more sharply.
The company said it remained on track with its 2026 outlook but could finish near the lower end of its forecast range because of the situation in the Middle East.
Reservations fell 2.8% in the first nine months, although the decline eased to 0.8% in the third quarter from 7.6% in the second.
Amadeus cited new partnerships with Anthropic and Nvidia as advances in its strategy.
- Who
- Amadeus, a travel technology group serving airlines and hotels.
- What
- It reported a 0.6% decline in profit to €1.082 billion for the first nine months of the year and maintained its 2026 outlook.
- When
- The results cover the first nine months of the year. The article was published on November 6, 2026.
- Where
- Not stated
- Why
- Operating and financial expenses increased more sharply than revenue. The company also cited the situation in the Middle East as a likely reason it could land near the lower end of its forecast range.
This story does not have two clearly opposing sides.
Reservations fell 7.6% year on year.
Reservations fell 0.8% year on year, a smaller decline than in the second quarter.
Amadeus reported profit of €1.082 billion, down 0.6%, and revenue of €5.076 billion, up 3.7%.
- Profit
- €1.082 billion, down 0.6% in the first nine months
- Revenue
- €5.076 billion, up 3.7%
- Reservations
- Down 2.8% in the first nine months
- Free cash flow
- €1.036 billion, up 8.5%
- Net debt
- €2.537 billion
What people are saying
We face the last quarter of the year in line with our forecasts for 2026, although we will probably be at the lower end of the expected range, due to the impact of the current situation in the Middle East
The broad adoption of our solutions and these strategic alliances consolidate Amadeus's role as the neutral infrastructure of the travel sector, positioned to orchestrate this AI-driven ecosystem