earnings
confidence high
sentiment positive
materiality 0.75
Sinclair Q1 revenue up 4% to $807M, net income $20M vs loss, reaffirms FY26 guidance
Sinclair, Inc.
2026-Q1 EPS reported
$0.28
revenue$807,000,000
- Total revenue $807M (+4% YoY); core ad revenue $305M (+4%); distribution revenue $458M (+2%); political revenue $18M (+200%).
- Net income attributable to Sinclair $20M ($0.28 diluted EPS) vs net loss of $156M ($2.30 loss) in Q1 2025.
- Adjusted EBITDA $126M (+13% YoY); Local Media segment EBITDA $117M, Tennis $20M.
- Retired $165M term loans via reverse Dutch auction, saving ~$12M annual interest; total liquidity ~$1.5B including $844M cash.
- Reaffirmed full-year 2026 financial guidance; quarterly dividend $0.25 per share paid in March.