Company: SABR
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0001597033-25-000027
Chunk: 941

Company: Sabre Corp
Filing Date: 2025-02-20
Form: 10-K
Item: Item 7
Chunk 941
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)(73,922)12,660 (1,375,819)Comprehensive loss— — — — — — — (278,759)177 1,716 (276,866)Settlement of stock-based awards— — 8,839,013 88 (2)2,476,800 (6,665)— — — (6,579)Stock-based compensation expense— — — — 54,567 — — — — — 54,567 Other— — — — — — (2)— (2)Balance at December 31, 2024— $— 414,753,676 $4,147 $3,304,466 28,822,484 $(526,789)$(4,327,152)$(73,747)$14,376 $(1,604,699)

(1) Our mandatory convertible preferred stock accumulated cumulative dividends at an annual rate of 6.50%. 

See Notes to Consolidated Financial Statements.

59

SABRE CORPORATION

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

1. Summary of Business and Significant Accounting Policies Description of BusinessSabre Corporation is a Delaware corporation formed in December 2006. On March 30, 2007, Sabre Corporation acquired Sabre Holdings Corporation (“Sabre Holdings”). Sabre Holdings is the sole direct subsidiary of Sabre Corporation. Sabre GLBL Inc. (“Sabre GLBL”) is the principal operating subsidiary and sole direct subsidiary of Sabre Holdings. Sabre GLBL or its direct or indirect subsidiaries conduct all of our businesses. In these consolidated financial statements, references to “Sabre,” the “Company,” “we,” “our,” “ours,” and “us” refer to Sabre Corporation and its consolidated subsidiaries unless otherwise stated or the context otherwise requires.At Sabre, we make travel happen. We are a technology company that operates through two business segments: (i) Travel Solutions, our global travel marketplace for travel suppliers and travel buyers, a broad portfolio of software technology products and solutions for airlines and other travel suppliers, and (ii) Hospitality Solutions, an extensive suite of leading software solutions for hoteliers.Basis of PresentationThe consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”). We consolidate all majority-owned subsidiaries and