Amadeus revenue and profit rise on air and hospitality gains

Travel tech giant invests over €1 billion in r&d as it expands ai use and strengthens hospitality footprint

Amadeus reported steady revenue and profit growth in Q3 2025, supported by strong performance across air distribution, airline IT, and hospitality. The company continues to invest heavily in AI and new technology, positioning itself as a key infrastructure player in the evolving travel ecosystem.

Key takeaways

• Solid financial performance: Q3 2025 group revenue reached €1.6 billion, up 6.4% year over year, bringing nine-month revenue to €4.9 billion and profit up 10% to just over €1 billion.
• Airline IT and distribution growth: Air IT revenue rose 6.5% to €1.7 billion, while air distribution grew 6.6% to €2.3 billion for the first nine months of 2025.
• Hospitality business expansion: The hospitality division generated €776 million in the first nine months, up from €734 million a year earlier, driven by new CRS customer wins.
• Significant r&d investment: Amadeus invested more than €1 billion year to date, a 10% increase from 2024, with roughly half allocated to new solutions and enhancements.
• AI integration at scale: The company identified over 500 use cases for agentic AI, emphasizing its role in operational efficiency and new product development.
• Cautious outlook on ai disruption: CEO Luis Maroto noted that travel distribution remains complex and fragmented, predicting that AI platforms will rely on established aggregators for real-time content rather than replacing them.
• Confident 2025 outlook: Amadeus expects continued margin expansion and innovation-led growth into the final quarter of the year.

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