Amadeus reaffirms its leadership in the sector with accelerated growth in the third quarter and solid commercial momentum
The group recorded a 6.4% increase in revenue and a 10.1% growth in profit, driven by its expansion across all lines of business and a strategic investment in innovation and technology
Amadeus presented positive results for the first nine months of the year, with sustained growth in revenue, profits and cash flow, consolidating its global leadership in technology for the travel sector.
The group's revenue reached €4,895.3 million, up 6.4% year-on-year, or 8.0% at constant exchange rates. Operating profit increased by 8.4% to €1,419.6 million, while adjusted EBIT rose to €1,470.6 million, an 8.7% increase at constant exchange rates.
Net profit reached €1,088.2 million, up 10.1% from 2014, and adjusted profit reached €1,108.9 million, an 8.2% increase. Available cash flow reached €955.2 million, driven by 9.4% growth in the third quarter, while net financial debt decreased to €2,219.9 million, equivalent to 0.9 times EBITDA for the last twelve months.
During the third quarter, Amadeus accelerated its growth rate and expanded margins, strengthening its position across all its business lines. CEO Luis Maroto highlighted:
“During the quarter, Amadeus recorded accelerated revenue growth and expanded margins. Our market relevance increased with the addition of new customers across all areas, including our central reservation system for hotels. We continue to invest in innovation and the use of artificial intelligence, with over €1 billion in R&D year-to-date, to deliver unique solutions that strengthen our integration into the global travel ecosystem.”
Maroto added that the company begins the last quarter of 2025 “with the confidence of meeting the annual outlook,” which remains unchanged.
Business evolution
The group's growth was supported by the strong performance of its main divisions:
Technology Solutions for the Airline Industry: revenues increased by 6.5% (7.9% at constant exchange rates), driven by a 3.7% growth in passengers carried and a 4.0% increase in revenue per passenger, especially in the Asia-Pacific region, where the figure increased by 7.6%.
Hotels and Other Solutions (HOS): recorded an advance of 5.8% in the first nine months, or 8.1% at constant exchange rates, with a growth of 9.4% in the third quarter, thanks to the addition of new clients and the expansion of its technological platform.
Air Distribution: increased its revenue by 6.6% (8.0% at constant exchange rates), driven by a 2.7% increase in bookings and a 5.2% growth in revenue per booking, with outstanding performance in Asia-Pacific, where bookings rose by 12.1%.
Amadeus also made progress in its share buyback program, worth 1.3 billion euros, which began in March 2025, reinforcing the company's confidence in its financial strength and ability to generate value for shareholders.
With a sustained focus on innovation, operational efficiency and global expansion, Amadeus closes the third quarter with solid results and a strategic position to continue leading the digital transformation of the travel sector.