Company: SABR
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001628280-25-049383
Chunk: 146

Company: Sabre Corp
Filing Date: 2025-11-05
Form: 10-Q
Item: Part I, Item 8
Chunk 146
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, although retrospective application to all periods presented is permitted. We plan to adopt the guidance on a prospective basis. We have substantially evaluated the impact of adopting this standard and expect additional disclosures to be provided as required, including (1) disclosing specific categories in the effective tax rate reconciliation and (2) providing additional information for reconciling items that meet or exceed a quantitative threshold. Additionally, we will disclose information about income taxes paid on an annual basis by jurisdictions in which income taxes paid is equal to or greater than five percent of total income taxes paid. In November 2024, the FASB issued guidance regarding disaggregation of income statement expenses, which requires additional disclosure of certain costs and expenses within the notes to the financial statements. The standard is effective for public companies for fiscal years beginning after December 15, 2026, and interim periods within fiscal years beginning after December 15, 2027, with early adoption permitted. We are currently evaluating the impact that this standard will have on our consolidated financial statement disclosures.

In September 2025, the FASB issued guidance regarding intangibles—goodwill and other—internal-use software, which updates the accounting and disclosures for software costs. The standard is effective for public companies for fiscal years beginning after December 15, 2027, and interim reporting periods within those annual reporting periods, with early adoption permitted. We are currently evaluating the impact that this standard will have on our consolidated financial statements and related disclosures. 

2. Revenue from Contracts with Customers 

Contract BalancesRevenue recognition for a significant portion of our revenue coincides with normal billing terms, including our transactional revenues, Software-as-a-Service (“SaaS”) revenues, and hosted revenues. Timing differences among revenue recognition, unconditional rights to bill, and receipt of contract consideration may result in contract assets or contract liabilities.The following table presents our assets and liabilities with customers as of September 30, 2025 and December 31, 2024 (in thousands). AccountConsolidated Balance Sheet LocationSeptember 30, 2025December 31, 2024Contract assets and customer advances and discounts(1)Prepaid expenses and other current assets / other assets, net$18,247 $28,112 Trade and unbilled receivables, netAccounts receivable, net377,222 282,173 Long-term trade unbilled receivables, netOther assets, net19,278 20,531 Contract liabilitiesDeferred revenues / other noncurrent liabilities96,855 107,