Company: SABR
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001628280-25-049383
Chunk: 252

Company: Sabre Corp
Filing Date: 2025-11-05
Form: 10-Q
Item: Part I, Item 2
Chunk 252
---
Technology Costs

 Three Months Ended September 30, 20252024Change (Amounts in thousands)  Technology costs$168,009 $189,417 $(21,408)(11)%

Technology costs decreased $21 million, or 11%, for the three months ended September 30, 2025 compared to the same period in the prior year driven by a $20 million decrease in labor and professional services primarily due to a reduction in variable-based compensation and the cost reduction plan we implemented in prior periods.

Selling, General and Administrative Expenses 

 Three Months Ended September 30, 20252024Change (Amounts in thousands)  Selling, general and administrative$140,475 $149,386 $(8,911)(6)%

Selling, general and administrative expenses decreased $9 million, or 6%, for the three months ended September 30, 2025 compared to the same period in the prior year due to an $11 million decrease in indirect taxes and a $5 million decrease in labor and professional services primarily due to a reduction in variable-based compensation, partially offset by a $5 million increase in the provision for credit losses primarily due to the reversal of bad debt expense in the prior period and a $2 million increase in other ongoing business expenses.

Interest expense, net Three Months Ended September 30, 20252024Change (Amounts in thousands)  Interest expense, net$111,312 $113,126 $(1,814)2 %                    

Interest expense decreased $2 million, or 2%, during the three months ended September 30, 2025 compared to the same period in the prior year primarily due to lower principal balances as a result of the payoff of debt at maturity and lower interest incurred in connection with our debt. See Note 7. Debt for further details. Interest expense, net from continuing operations excludes interest expense associated with the debt that was required to be repaid with the proceeds from the Hospitality Solutions Sale, in all periods presented.

Other, net Three Months Ended September 30,   20252024Change (Amounts in thousands)  Other, net$(6,929)$327 $(7,256)2,219 %

Other, net decreased $7 million for the three months ended September 30, 2025 compared to the same period in the prior year primarily due to $10 million