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Sinclair Reports Second Quarter 2026 Financial Results

$SBGIPress releaseAug 5, 2026, 4:00 PM ETRead the release

Sinclair reported Q2 revenue of $840 million, up 7% year-over-year, with Adjusted EBITDA jumping 45% to $149 million driven by a massive surge in political advertising revenue. Political ad revenue hit $59 million, an increase of 883% compared to the prior year, leading management to raise full-year Adjusted EBITDA guidance to a range of $730 million to $760 million.

Key figures

Revenue
840000000
Guidance
FY2026 Adjusted EBITDA $730 million-$760 million, raised from $700 million-$740 million
Revenue Yoy
7%
Adjusted ebitda
149000000
Total liquidity
1400000000
Net debt reduction
320000000
Political guidance
at least $375 million
Adjusted ebitda yoy
45%
Distribution revenue
444000000
Core advertising revenue
308000000
Political ad revenue yoy
883%
Political advertising revenue
59000000

AI analysis

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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.