Company: SABR
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001597033-25-000090
Chunk: 247

Company: Sabre Corp
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 2
Chunk 247
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(5) Acquisition-related costs represent fees and expenses incurred associated with acquisition and disposition-related activities. 

(6) Indirect tax matters represents charges associated with certain digital services taxes ("DST") related to historical periods, which may ultimately be settled in cash, and certain foreign non-income tax litigation matters. See detailed disclosures regarding these matters included in the Liquidity and Capital Resources and Risk Factors sections as well as Note 13. Contingencies, to our consolidated financial statements.

(7) The tax impact of adjustments includes the tax effect of each separate adjustment based on the statutory tax rate for the jurisdiction(s) in which the adjustment was taxable or deductible, and the tax effect of items that relate to tax specific financial transactions, tax law changes, uncertain tax positions, valuation allowances and other items. 

Results of Operations

The following table sets forth our consolidated statements of operations data for each of the periods presented:

  Three Months Ended June 30,Six Months Ended June 30, 2025202420252024 (Amounts in thousands)(Amounts in thousands)Revenue$687,149 $695,050 $1,389,275 $1,408,683 Cost of revenue, excluding technology costs296,354 293,340 601,825 586,050 Technology costs172,494 199,050 347,801 400,634 Selling, general and administrative129,167 153,938 259,120 284,082 Operating income89,134 48,722 180,529 137,917 Interest expense, net(111,244)(116,428)(221,034)(228,309)Loss on extinguishment of debt(85,182)— (85,182)(37,994)Equity method income738 469 1,403 1,429 Other, net(3,202)3,426 (497)(536)Loss from continuing operations before income taxes(109,756)(63,811)(124,781)(127,493)Provision for income taxes91,262 5,920 79,614 9,328 Loss from continuing operations$(201,018)$(69,731)$(204,395)$(136,821)

Three Months Ended June 30, 2025 and 2024 

Revenue

 Three Months Ended June 30,   20252024Change (Amounts in thousands)  Revenue $687