Sinclair reported Q4 2025 total revenue of USD 836 million (8% Q/Q; -17% Y/Y), including distribution revenue of USD 438 million (4% Q/Q; -1% Y/Y), core advertising revenue of USD 354 million (12% Q/Q; 14% Y/Y) and political advertising revenue of USD 14 million (133% Q/Q; -93% Y/Y). Net income attributable to shareholders was USD 109 million, and adjusted EBITDA was USD 168 million (68% Q/Q; -49% Y/Y). For FY 2025, Sinclair posted total revenue of USD 3.169 billion (-11% Y/Y), net loss attributable to shareholders of USD 112 million, and adjusted EBITDA of USD 483 million (-45% Y/Y). FY 2025 distribution revenue was USD 1.745 billion, core advertising revenue was USD 1.277 billion (6% Y/Y), political advertising revenue was USD 32 million (-92% Y/Y), and other media and non-media revenue was USD 115 million (-40% Y/Y). The company said full-year core advertising revenue increased by USD 71 million versus 2024 and that it met or exceeded guidance on key financial metrics. Updates for the period included MVPD and vMVPD renewal completions, AMP Media expanding into the NBA with the “Cousins” podcast hosted by Vince Carter and Tracy McGrady, and the launch of the “Amazing America 250” campaign tied to the U.S. semiquincentennial. Sinclair also said its newsrooms won 246 journalism awards in 2025. On capital allocation, Sinclair Ventures made about USD 50 million of minority investments in 2025 and received distributions of about USD 104 million (USD 86 million in Q4). The company said it closed 15 partner station acquisitions as of Feb. 25, 2026 and expects most broadcast portfolio optimizations by mid-year. Sinclair ended 2025 with total debt of USD 4.383 billion and cash and cash equivalents of USD 866 million, and reported USD 612.5 million of revolver capacity for total available liquidity of USD 1.5 billion. It paid a quarterly dividend of USD 0.25 per share in December and reported Q4 2025 capex of USD 19 million. For FY 2026, Sinclair guided to consolidated total revenue of USD 3.4 billion to USD 3.54 billion and adjusted EBITDA of USD 700 million to USD 740 million, with political advertising revenue of at least USD 333 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sinclair Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202602251600PRIMZONEFULLFEED9661407) on February 25, 2026, and is solely responsible for the information contained therein.