Company: SABR
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001628280-25-049383
Chunk: 38

Company: Sabre Corp
Filing Date: 2025-11-05
Form: 10-Q
Item: Part I, Item 1
Chunk 38
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— 15,989 Commitments and contingencies (Note 13)Redeemable noncontrolling interests11,300 12,928 Stockholders’ deficitCommon Stock: $0.01 par value; 1,000,000 authorized shares; 427,178 and 414,754 shares issued, 394,879 and 385,932 shares outstanding at September 30, 2025 and December 31, 2024, respectively4,272 4,147 Additional paid-in capital3,340,222 3,304,466 Treasury Stock, at cost, 32,299 and 28,822 shares at September 30, 2025 and December 31, 2024, respectively(537,089)(526,789)Accumulated deficit(3,699,436)(4,327,152)Accumulated other comprehensive loss(74,477)(73,747)Noncontrolling interest15,700 14,376 Total stockholders’ deficit(950,808)(1,604,699)Total liabilities and stockholders’ deficit$4,373,002 $4,634,929 

See Notes to Consolidated Financial Statements.    

3

SABRE CORPORATION

CONSOLIDATED STATEMENTS OF CASH FLOWS

(In thousands)

(Unaudited) Nine Months Ended September 30,20252024Operating ActivitiesNet income (loss)$627,495 $(203,723)Adjustments to reconcile net income (loss) to cash used in operating activities:(Income) loss from discontinued operations(783,725)4,484 Payment of previously paid-in-kind interest(199,938)— Loss on extinguishment of debt85,182 37,994 Depreciation and amortization77,983 82,955 Stock-based compensation expense34,772 36,620 Paid-in-kind interest28,327 89,877 Amortization of upfront incentive consideration28,299 25,744 Amortization of debt discount and issuance costs21,206 19,355 Deferred income taxes6,736 (5,417)Gain on sale of assets(5,191)— Provision for expected credit losses3,302 3,074 Other(5,302)1,533 Dividends received from equity method investments1,103 1,833 Gain on investment fair value adjustment— (3,