Machine learning predictions based on historical earnings data and price patterns
1-Day Prediction
-0.01%
$15.55
0% positive prob.
5-Day Prediction
-4.37%
$14.87
0% positive prob.
20-Day Prediction
+1.87%
$15.84
0% positive prob.
| Quarter | Signal | 1D Return | 5D Return | 20D Return | Confidence | Actual 5D |
|---|---|---|---|---|---|---|
| Q1 2026 | SELL | -0.01% | -4.37% | +1.87% | 100.0% | Pending |
| Q4 2025 | SELL | -0.01% | -4.37% | +1.87% | 100.0% | +10.46% |
SEC 8-K filings with transcript text
Apr 30, 2026 · 100% conf.
1D
-0.01%
$15.55
5D
-4.37%
$14.87
20D
+1.87%
$15.84
2 exhibit991-1q26pressreleas.htm
Document
Press Release
BALTIMORE (April 30, 2026) - Sinclair, Inc. (Nasdaq: SBGI), the "Company" or "Sinclair," today reported financial results for the three months ended March 31, 2026.
Highlights:
•Total Revenue increased by 4% and Total Adjusted EBITDA by 13% year-over-year
•Total Adjusted EBITDA of $126 million
•Strong core advertising performance driven by growth in digital
•March 2026 was Tennis Channel's most-watched month ever
•Stable distribution trend due to moderating churn across key MVPDs
•Reaffirmed 2026 full year financial guidance
CEO Comment:
"Sinclair continues to execute on its core broadcast business, with both ratings and subscriber trends showing positive momentum. Broadcast's reach differentiation continues to drive record viewing levels continuing into a political- and sports-heavy 2026 for the industry. Live sports remained a key driver in the quarter, with the Super Bowl in February delivering the second-largest audience in U.S. television history and the Winter Olympics also delivering record viewing levels. Tennis Channel had its most-watched month ever in March, including four of the top-five most-watched matches in network history, and delivered record subscriber numbers for its Direct-to-Consumer product. Based on our first quarter results and current outlook, we are reaffirming our 2026 full year financial guidance."
Recent Developments:
Balance Sheet
•Retired $165 million of term loans at a discount in early April through an unmodified reverse Dutch auction, which will save approximately $12 million in annual interest expense.
•Ended the first quarter with total liquidity of ~$1.5 billion, including cash of $844 million.
Investment Portfolio
•Sinclair Ventures, LLC (Ventures) received distributions of approximately $12 million and ended the quarter with $451 million in cash.
Station Portfolio Optimization
•Closed substantial majority of our partner station acquisitions and continue to expect $30 million in annualized synergies in 2026.
Content and Distribution
•NBC affiliates delivered strong results in the first quarter as the Super Bowl was the 2nd-most watched U.S. telecast of all-time while the Winter Olympics was the most-watched Winter Games since 2014.
•Tennis Channel delivered its two most-watched women's matches of all-time in March and four of its top five most watched matches ever.
1
Financial Results:
Consolidated Financial Results
($ in millions)Three Months EndedPercent Change
March 31, 2026December 31, 2025March 31, 2025QTQYOY
Total revenue$807 $836 $776 (3)%4%
Distribution revenue458 438 451 5%2%
Core advertising revenue305 354 292 (14)%4%
Political advertising revenue18 14 6 29%200%
Other media and non-media revenue26 30 27 (13)%(4)%
Net income (loss) attributable to the Company$20 $109 $(156)(82)%n/m
Adjusted EBITDA(a) $126 $168 $112 (25)%13%
n/m - not meaningful
(a)Adjusted EBITDA is defined as earnings before interest, tax, depreciation and amortization, and non-recurring and unusual transaction, implementation, legal, regulatory and other costs, as well as certain non-cash items such as stock-based compensation expense and other gains and losses less amortization of program costs. Refer to the reconciliation at the end of this press release and the Company’s website.
2
Segment Financial Results
Segment financial information is included in the following tables for the periods presented. The Local Media segment consists primarily of broadcast television stations, which the Company owns, operates or to which the Company provides services, and includes multicast networks and original content. The Local Media segment assets are owned and operated by Sinclair Broadcast Group, LLC (SBG). The Tennis segment consists primarily of Tennis Channel, a cable network which includes coverage of most of tennis' top tournaments and original professional sport and tennis lifestyle shows; the Tennis Channel International subscription and streaming service; Tennis Channel streaming service; TennisChannel 2, a 24-hours a day free ad-supported streaming television channel; and Tennis.com. Other includes non-broadcast digital solutions such as Digital Remedy, technical services, and other non-media investments. The assets of the Tennis segment and Other are owned and operated by Ventures.
Three months ended March 31, 2026Local MediaTennisOtherCorporate and EliminationsConsolidated
($ in millions)
Distribution revenue$402 $56 $— $— $458
Core advertising revenue261 13 40 (9)305
Political advertising revenue18 — — — 18
Other media revenue20 1 — (1)20
Media revenue$701 $70 $40 $(10)$801
Non-media revenue— — 6 — 6
Total revenue$701 $70 $46 $(10)$807
Media programming and production expenses$382 $30 $— $— $412
Media selling, general and administrative expenses171 19 34 (10)214
Non-media expenses2 — 13 — 15
Amortization of pro
Feb 25, 2026 · 100% conf.
1D
-0.01%
$13.86
Act: +17.53%
5D
-4.37%
$13.25
Act: +10.46%
20D
+1.87%
$14.12
sbgi-20260225false0001971213000091275200019712132026-02-252026-02-250001971213sbgi:SinclairBroadcastGroupLLCMember2026-02-252026-02-25
Washington, D.C. 20549
Form 8-K
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d)
February 25, 2026 Date of Report (Date of earliest event reported)
Sinclair, Inc. (Exact name of registrant as specified in its charter)
Maryland333-27107292-1076143 (State or other jurisdiction of incorporation)(Commission File Number)(I.R.S. Employer Identification Number)
Sinclair Broadcast Group, LLC (Exact name of registrant as specified in its charter)
Maryland000-2607652-1494660 (State or other jurisdiction of incorporation)(Commission File Number)(I.R.S. Employer Identification Number)
10706 Beaver Dam Road Hunt Valley, MD 21030 (Address of principal executive offices and zip code)
(410) 568-1500 (Registrants' telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act: Sinclair, Inc.
Title of each classTrading SymbolName of each exchange on which registered Class A Common Stock, par value $ 0.01 per shareSBGIThe NASDAQ Stock Market LLC
Sinclair Broadcast Group, LLC
Title of each classTrading SymbolName of each exchange on which registered NoneN/AN/A
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). Sinclair, Inc. ☐ Sinclair Broadcast Group, LLC ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Sinclair, Inc. ☐ Sinclair Broadcast Group, LLC ☐
Item 2.02 Results of Operations and Financial Condition.
On February 25, 2026, Sinclair, Inc. (the "Company") announced via press release the Company’s financial results for the fourth quarter ended December 31, 2025. The financial results of the Company’s wholly-owned subsidiary, Sinclair Broadcast Group, LLC (“SBG”), are reflected within the Company’s financial results. A copy of the Company’s press release is attached hereto as Exhibit 99.1. The information contained herein and the attached exhibit are furnished under this Item 2.02 of Form 8-K and are furnished to, but for purposes of Section 18 of the Securities Exchange Act of 1934 shall not be deemed filed with, the Securities and Exchange Commission. The information contained herein and in the accompanying exhibit shall not be incorporated by reference to any filing of the Company or SBG, whether made before or after the date hereof, regardless of any general incorporation language in such filing, unless expressly incorporated by specific reference to such filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
The following exhibit related to Item 2.02 shall be deemed to be furnished and not filed.
Exhibit No.Description 99.1Press Release (dated February 25, 2026).
104Cover Page Interactive Data File (embedded within the Inline XBRL document).
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
By: /s/ David R. Bochenek
Name: David R. Bochenek Title: Senior Vice President / Chief Accounting Officer Dated: February 25, 2026
Nov 5, 2025
sbgi-20251105false0001971213000091275200019712132025-11-052025-11-050001971213sbgi:SinclairBroadcastGroupLLCMember2025-11-052025-11-05
Washington, D.C. 20549
Form 8-K
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d)
November 5, 2025 Date of Report (Date of earliest event reported)
Sinclair, Inc. (Exact name of registrant as specified in its charter)
Maryland333-27107292-1076143 (State or other jurisdiction of incorporation)(Commission File Number)(I.R.S. Employer Identification Number)
Sinclair Broadcast Group, LLC (Exact name of registrant as specified in its charter)
Maryland000-2607652-1494660 (State or other jurisdiction of incorporation)(Commission File Number)(I.R.S. Employer Identification Number)
10706 Beaver Dam Road Hunt Valley, MD 21030 (Address of principal executive offices and zip code)
(410) 568-1500 (Registrants' telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act: Sinclair, Inc.
Title of each classTrading SymbolName of each exchange on which registered Class A Common Stock, par value $ 0.01 per shareSBGIThe NASDAQ Stock Market LLC
Sinclair Broadcast Group, LLC
Title of each classTrading SymbolName of each exchange on which registered NoneN/AN/A
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). Sinclair, Inc. ☐ Sinclair Broadcast Group, LLC ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Sinclair, Inc. ☐ Sinclair Broadcast Group, LLC ☐
Item 2.02 Results of Operations and Financial Condition.
On November 5, 2025, Sinclair, Inc. (the "Company") announced via press release the Company’s financial results for the third quarter ended September 30, 2025. The financial results of the Company’s wholly-owned subsidiary, Sinclair Broadcast Group, LLC (“SBG”), are reflected within the Company’s financial results. A copy of the Company’s press release is attached hereto as Exhibit 99.1. The information contained herein and the attached exhibit are furnished under this Item 2.02 of Form 8-K and are furnished to, but for purposes of Section 18 of the Securities Exchange Act of 1934 shall not be deemed filed with, the Securities and Exchange Commission. The information contained herein and in the accompanying exhibit shall not be incorporated by reference to any filing of the Company or SBG, whether made before or after the date hereof, regardless of any general incorporation language in such filing, unless expressly incorporated by specific reference to such filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
The following exhibit related to Item 2.02 shall be deemed to be furnished and not filed.
Exhibit No.Description 99.1Press Release (dated November 5, 2025).
104Cover Page Interactive Data File (embedded within the Inline XBRL document).
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
By: /s/ David R. Bochenek
Name: David R. Bochenek Title: Senior Vice President / Chief Accounting Officer Dated: November 5, 2025
This page provides Sinclair Inc. (SBGI) earnings call transcripts from SEC 8-K filings along with AI-powered predictions for post-earnings price movements. Our machine learning models analyze historical earnings data, pre-earnings price patterns, volume changes, and volatility to predict 1-day, 5-day, and 20-day returns after each earnings release.
Earnings transcripts are sourced directly from SEC EDGAR filings. Predictions are generated using gradient boosting models trained on SBGI's historical earnings reactions. All predicted returns are shown as percentages, and predicted prices are calculated from the closing price at the time of prediction. Past performance does not guarantee future results.