secwatch.observer — SEC 8-K summary
======================================

Issuer:     Sinclair, Inc. (SBGI)
CIK:        0001971213
Form:       8-K
Filed at:   2026-04-30T23:59:59+00:00
Accession:  0001971213-26-000022
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sinclair Q1 revenue up 4% to $807M, net income $20M vs loss, reaffirms FY26 guidance
--------------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1971213/000197121326000022/0001971213-26-000022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/912752/000197121326000022/sbgi-20260430.htm
  HTML page:      https://secwatch.observer/filing/0001971213-26-000022

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer