Quarterly ResultAug 5, 2026, 04:22 PM
Sinclair Q2 Revenue $840M; H1 Net Loss $(56)M
AI Summary
Sinclair, Inc. reported Q2 2026 total revenue of $840 million, an increase from $784 million in the prior year, with operating income rising to $50 million. However, the net loss attributable to Sinclair widened to $(76) million for the quarter. For the first six months of 2026, the company significantly reduced its net loss attributable to Sinclair to $(56) million, an improvement from $(220) million in H1 2025. Additionally, Sinclair repurchased $165 million of Term Loans and declared a quarterly dividend of $0.25 per share.
Key Highlights
- Total revenue for Q2 2026 was $840 million, up from $784 million in Q2 2025.
- Operating income for Q2 2026 increased to $50 million from $21 million in Q2 2025.
- Net loss attributable to Sinclair for Q2 2026 was $(76) million, compared to $(64) million in Q2 2025.
- Net loss attributable to Sinclair for H1 2026 improved to $(56) million from $(220) million in H1 2025.
- Repurchased $165 million aggregate principal amount of Term Loans B-6 and B-7 in April 2026.
- Board declared a quarterly dividend of $0.25 per share, payable September 15, 2026.
- Political advertising revenue for Q2 2026 surged to $59 million from $6 million in Q2 2025.
- Reclassified $122 million of FCC licenses from indefinite-lived to definite-lived intangible assets.
Price Impact
More from SBGI