Sinclair Reports Third Quarter 2026 Financial Results
Key Highlights
- ➤Q3 revenue $893 million, up 16% year-over-year
- ➤Q3 Adjusted EBITDA $213 million, up 113% year-over-year
- ➤2026 Adjusted EBITDA guidance raised to $825 million-$835 million from $730 million-$760 million
- ➤Full-year political advertising revenue expected at approximately $455 million, a Sinclair record
- ➤Sinclair will not separate Ventures in a standalone transaction after strategic review
BALTIMORE, Nov. 04, 2026 (GLOBE NEWSWIRE) -- Sinclair, Inc. (Nasdaq: SBGI), the "Company" or "Sinclair," today reported financial results for the three and nine months ended September 30, 2026.
Highlights: * Total Revenue increased by 16% and Total Adjusted EBITDA increased by 113% year-over-year * Total Adjusted EBITDA of $213 million * Political Advertising Revenue of $136 million, an increase of 55% versus 3Q22 * Full-year preliminary Political Advertising Revenue of approximately $455 million, an increase of $50 million above our prior political revenue record of $405 million in 2024 and $122 million above our prior mid-term political revenue record of $333 million in 2022 * As an update to our ongoing strategic review, we continue to evaluate various broadcast transactions and while pleased with some of the progress we have made so far, we believe opportunities still remain. We have also evaluated the separation of the Ventures portfolio through a spin-off, split-off, or other transaction, and have determined at this time not to separate Ventures in a standalone transaction. We will continue to evaluate all options that provide value creation for the Company’s stakeholders * Increased Full Year 2026 Adjusted EBITDA guidance to a range of $825 million to $835 million CEO Comment:
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