Sinclair Q2 2026: Revenue $840M (+7% YoY), Adj. EBITDA $149M (+45%), raises guidance

Sinclair, Inc.

Total revenue $840M (+7% YoY); net loss $76M (diluted EPS -$1.06) vs loss $64M in Q2 2025.
Adjusted EBITDA $149M (+45% YoY); political ad revenue $59M (+883% YoY).
Full-year 2026 Adj. EBITDA guidance raised to $730-760M (from $700-740M); political revenue guidance raised to at least $375M.
Reduced debt by $320M in quarter; ended with $604M cash and $1.4B liquidity.
Quarterly dividend maintained at $0.25 per share.

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