---
schema_version: "secwatch.filing_event.v1"
accession: "0001971213-26-000009"
form_type: "8-K"
ticker: "SBGI"
cik: "0001971213"
company_name: "Sinclair, Inc."
filed_at: "2026-02-25T23:59:59+00:00"
generated_at: "2026-05-16T00:29:34.389844+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Sinclair Q4 revenue $836M, core ad up 14%; FY2026 EBITDA guidance $700-740M

## Summary
- Q4 total revenue $836M (down 17% YoY); core ad revenue $354M (+14% YoY); distribution revenue $438M (-1% YoY).
- Q4 Adjusted EBITDA $168M vs $330M prior year; full-year 2025 EBITDA $483M; net loss attributable to Company $112M.
- FY2026 guidance: consolidated revenue $3.4-3.54B; Adj EBITDA $700-740M; political ad revenue at least $333M (mid-term cycle).
- Cash and liquidity: $866M cash + $612.5M revolver availability; total debt $4.38B; quarterly dividend of $0.25/share paid in Dec.
- Closed 15 partner station acquisitions; received $86M distributions from investment portfolio in Q4 2025.

## SEC filing metadata
- accession: 0001971213-26-000009
- form_type: 8-K
- ticker: SBGI
- cik: 0001971213
- company_name: Sinclair, Inc.
- filed_at: 2026-02-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1971213/000197121326000009/0001971213-26-000009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/912752/000197121326000009/sbgi-20260225.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001971213-26-000009
- JSON: https://secwatch.observer/filing/0001971213-26-000009.json
- Plain text: https://secwatch.observer/filing/0001971213-26-000009.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.