Company: SABR
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001597033-25-000090
Chunk: 188

Company: Sabre Corp
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 8
Chunk 188
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 provision for credit losses, a $7 million decrease primarily due to a sales tax refund in 2025 related to prior tax periods, and a $2 million decrease in other ongoing business expenses. These decreases were partially offset by an $11 million increase in labor and professional services to support our growth initiatives.

Interest expense, net

 Six Months Ended June 30,   20252024Change (Amounts in thousands)  Interest expense, net$(221,034)$(228,309)$7,275 (3)%

Interest expense decreased $7 million, or 3% during the six months ended June 30, 2025 compared to the same period in the prior year primarily due to lower interest incurred in connection with our debt. See Note 7. Debt for further details regarding these debt transactions.

Loss on extinguishment of debt

We recognized a loss on extinguishment of debt of $85 million during the six months ended June 30, 2025 as a result of the refinancing activity that occurred in the second quarter of 2025. We recognized a loss on extinguishment of debt of $38 million during the six months ended June 30, 2024, as a result of the refinancing activity that occurred in the first quarter of 2024. See Note 7. Debt for further details. 

Other, net Six Months Ended June 30,   20252024Change (Amounts in thousands)  Other, net$(497)$(536)$39 7 %

Other, net remained flat for the six months ended June 30, 2025 compared to the same period in the prior year primarily due to a gain on the sale of assets of $5 million recognized in the current year period, offset by a $3 million decrease due to realized and unrealized foreign currency exchange losses in the current period, a $1 million decrease due to other non-operating gains recognized in the prior year and a fair value loss from our investments in securities of $1 million recognized in the prior year period. See Note 9. Fair Value Measurements for further details regarding our investments in securities.

Provision for Income Taxes Six Months Ended June 30,  20252024Change (Amounts in thousands)  Provision for income taxes$79,614 $9,328 $70,286 753 %

For the six months ended June 30, 2025, we