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Sabre Corp 2026年季度报告

2026-05-07 美股财报 李鑫
报告封面

☒QUARTERLY REPORT PURSUANT TO SECTION13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF1934For the quarterly period ended March31, 2026or☐TRANSITION REPORT PURSUANT TO SECTION13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF1934 Sabre Corporation (Exact name of registrant as specified in its charter) 20-8647322 3150 Sabre DriveSouthlake, TX 76092(Address, including zip code, of principal executive offices) (682)-605-1000(Registrant’s telephone number, including area code) Indicate by check mark whether the registrant: (1)has filed all reports required to be filed by Section13 or 15(d) of the SecuritiesExchange Act of 1934 (the “Exchange Act”) during the preceding 12 months (or for such shorter period that the registrant was required to filesuch reports), and (2)has been subject to such filing requirements for the past 90 days:Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuantto Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the Registrant wasrequired to submit such files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reportingcompany, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer”, “smaller reporting company”, and“emerging growth company” in Rule 12b-2 of the Exchange Act. AcceleratedfilerSmallerreportingcompanyEmerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes☐No☒ As of April 30, 2026, 395,313,273 shares of the registrant’s common stock, par value $0.01 per share, were outstanding. SABRE CORPORATIONTABLE OF CONTENTS PART I. FINANCIAL INFORMATION Item1.Financial Statements:Consolidated Statements of Operations for the Three Months Ended March 31, 2026 and 2025Consolidated Statements of Comprehensive Income for the Three Months Ended March 31, 2026 and 2025Consolidated Balance Sheets as of March 31, 2026 and December 31, 2025Consolidated Statements of Cash Flows for the Three Months Ended March 31, 2026 and 2025Consolidated Statements of Stockholders' Deficit for the Three Months Ended March 31, 2026 and 2025Notes to Consolidated Financial StatementsItem2.Management’s Discussion and Analysis of Financial Condition and Results of OperationsItem3.Quantitative and Qualitative Disclosures About Market RiskItem4.Controls and Procedures PART II. OTHER INFORMATION Item1.Legal ProceedingsItem1A.Risk FactorsItem2.Unregistered Sales of Equity Securities and Use of ProceedsItem5.Other InformationItem6.Exhibits We may use our website, our LinkedIn account and our X account (@Sabre_Corp) as additional means of disclosing information to the public.The information disclosed through those channels may be considered to be material and may not be otherwise disseminated by us, so weencourage investors to review our website, LinkedIn and X account. The contents of our website or social media channels referenced hereinare not incorporated by reference into this Quarterly Report on Form 10-Q. SABRE CORPORATIONCONSOLIDATED STATEMENTS OF OPERATIONS(In thousands, except per share amounts)(Unaudited) SABRE CORPORATIONCONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME(In thousands)(Unaudited) SABRE CORPORATIONCONSOLIDATED BALANCE SHEETS(In thousands)(Unaudited) SABRE CORPORATIONNOTES TO CONSOLIDATED FINANCIAL STATEMENTS(Unaudited) 1. General Information Sabre Corporation is a Delaware corporation formed in December 2006. On March30, 2007, Sabre Corporation acquired SabreHoldings Corporation (“Sabre Holdings”). Sabre Holdings is the sole direct subsidiary of Sabre Corporation. SabreGLBL Inc. (“Sabre GLBL”)is the principal operating subsidiary and sole direct subsidiary of Sabre Holdings. SabreGLBL or its direct or indirect subsidiaries conduct all ofour businesses. In these consolidated financial statements, references to “Sabre,” the “Company,” “we,” “our,” “ours” and “us” refer to SabreCorporation and its consolidated subsidiaries unless otherwise stated or the context otherwise requires. Recent events—Effective this quarter, we have updated the terminology used to describe our revenue to better reflect our evolvingbrand identity and market positioning.Historically referred to as“Distribution” and“IT Solutions”, these revenue streams have been renamedto “Marketplace” and“Airline Technology”, respectively.The specificrevenue fromproducts, services, and underlying solutions offered withineach category remain unchanged. Basis of Presentation—The accompanying unaudited consolidated