Company: SABR
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001628280-25-049383
Chunk: 35

Company: Sabre Corp
Filing Date: 2025-11-05
Form: 10-Q
Item: Part I, Item 1
Chunk 35
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ITEM 1. FINANCIAL STATEMENTS

SABRE CORPORATION

CONSOLIDATED STATEMENTS OF OPERATIONS

(In thousands, except per share amounts)

(Unaudited) Three Months Ended September 30,Nine Months Ended September 30, 2025202420252024Revenue $715,183 $691,300 $2,104,458 $2,099,983 Cost of revenue, excluding technology costs313,074 294,656 914,899 880,706 Technology costs168,009 189,417 515,810 590,051 Selling, general and administrative140,475 149,386 399,595 433,468 Operating income93,625 57,841 274,154 195,758 Other expense:Interest expense, net(111,312)(113,126)(332,346)(341,435)Loss on extinguishment of debt— — (85,182)(37,994)Equity method income377 430 1,780 1,859 Other, net6,929 (327)6,432 (863)Total other expense, net(104,006)(113,023)(409,316)(378,433)Loss from continuing operations before income taxes(10,381)(55,182)(135,162)(182,675)(Benefit) provision for income taxes(58,546)7,236 21,068 16,564 Income (loss) from continuing operations48,165 (62,418)(156,230)(199,239)Income (loss) from discontinued operations, net of tax800,313 (715)783,725 (4,484)Net income (loss)848,478 (63,133)627,495 (203,723)Net (loss) income attributable to noncontrolling interests(266)(315)(221)338 Income (loss) attributable to common stockholders$848,744 $(62,818)$627,716 $(204,061)Basic net (loss) income per share attributable to common stockholders:Income (loss) from continuing operations$0.12 $(0.16)$(0.40)$(0.52)Income (loss) from discontinued operations2.03 — 2.01 (0.01)Net income (loss) per common share$2.15 $(0.16