earnings
confidence high
sentiment negative
materiality 0.85
Sinclair Q3 2025 revenue $773M (-16% YoY), net loss $1M vs net income $94M; core ad revenue up $20M
Sinclair, Inc.
2025-Q3 EPS reported
-$3.20
revenue$2,333,000,000
- Net loss of $1M vs net income of $94M in Q3 2024; Adjusted EBITDA $100M vs $249M YoY (-60%).
- Total revenue $773M (-16% YoY); media revenue $765M; advertising revenue $321M (down 26% on political comparison).
- Core advertising revenue grew $20M YoY to $315M; political revenue fell to $6M from $138M in 2024.
- Redeemed $89M of STG 5.125% Senior Unsecured Notes due 2027 on Oct 6; total debt $4.1B, liquidity $1.2B.
- Q4 2025 guidance: revenue $815-851M, Adjusted EBITDA $132-154M; prelim 2026 sees record mid-term political.