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Sinclair (SBGI) Q3 FY2026 earnings: revenue $893 million, up 15.5% on the year

Sinclair, Inc. (SBGI) reported revenue of $893 million for Q3 FY2026, the quarter ended 30 September 2026, up 15.5% on the same quarter a year earlier. Net income was $43 million, and diluted earnings per share $0.60. The figures are the company's own, from the 10-Q it filed with the SEC on 4 November 2026.

Revenue
$893 million
+15.5% on the year · +6.3% on the quarter
Q4 FY2024Q3 FY2026
Operating margin
15.0%
7.5% a year earlier
Q4 FY2024Q3 FY2026
Net income
$43 million
Q4 FY2024Q3 FY2026
Diluted EPS
$0.60
Q4 FY2024Q3 FY2026

this quarterthe same quarter a year earlierHover a bar for its figure.

What management said

Guidance figures: 5 raised, 3 kept.

  • Revenue rose 16% year over year: Total revenue was $893 million, up from $773 million a year earlier and $840 million in the second quarter. Political advertising added $130 million year over year, more than the $120 million total increase.
  • Adjusted EBITDA more than doubled: Adjusted EBITDA was $213 million, up 113% from $100 million a year earlier and 43% from $149 million in the second quarter. The company reported net income of $43 million, against a net loss of $1 million a year earlier.
  • Local Media carried most of EBITDA: Local Media had total revenue of $789 million and segment Adjusted EBITDA of $205 million, up from $92 million a year earlier. Its political advertising revenue was $135 million.
Read the earnings call summary

Income statement (profit and loss)

$ millionQ3 FY2026Q2 FY2026Q3 FY2025On the quarterOn the yearLast 8 quarters
Revenue893840773+6.3%+15.5%
Selling, general and administrative207217203-4.6%+2.0%
Operating income13450.058.0+168.0%+131.0%
Operating margin15.0%6.0%7.5%
Interest expense79.080.085.0-1.2%-7.1%
Pre-tax income66.035.00.0+88.6%
Income tax23.0112-1.0-79.5%
Effective tax rate34.8%320.0%n/a
Net income43.0-76.0-1.0
Net margin4.8%-9.0%-0.1%
Diluted EPS$0.60-$1.06-$0.02
$ million except per share.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ millionQ3 FY2026Q2 FY2026Q3 FY2025On the quarterOn the yearLast 8 quarters
Operating cash flow12966.0-36.0+95.5%
Capital expenditure20.020.022.00.0%-9.1%
Free cash flow10946.0-58.0+137.0%
Free cash flow margin12.2%5.5%-7.5%
Cash from investing-27.015.0-28.0
Cash from financing-47.0-321-26.0
Depreciation and amortisation66.068.062.0-2.9%+6.5%
Share-based compensation10.012.09.0-16.7%+11.1%
Dividends paid19.018.018.0+5.6%+5.6%
Diluted shares, weighted72m72m70m+0.4%+4.0%
Shares outstanding at period end72m72m70m+0.1%+3.9%

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet

$ millionQ3 FY2026Q2 FY2026Q3 FY2025On the quarterOn the yearLast 8 quarters
Shareholders' equity410380347+7.9%+18.2%
Non-controlling interest-77.0-76.0-71.0
Debt4,0354,0594,101-0.6%-1.6%
Operating lease liabilities1081081180.0%-8.5%
Other liabilities1,0341,0101,072+2.4%-3.5%
Total liabilities and equity5,5105,4815,567+0.5%-1.0%
Goodwill2,0832,0832,0860.0%-0.1%
Cash and equivalents659604526+9.1%+25.3%
Receivables604647633-6.6%-4.6%
Other assets2,1642,1472,322+0.8%-6.8%
Total assets5,5105,4815,567+0.5%-1.0%

Questions

What was Sinclair's revenue in Q3 FY2026?

Sinclair (SBGI) reported revenue of $893 million for Q3 FY2026, the quarter ended 30 September 2026, up 15.5% on the same quarter a year earlier.

How much did Sinclair earn in Q3 FY2026?

Net income for Q3 FY2026 was $43 million, and diluted earnings per share $0.60.

When did Sinclair report Q3 FY2026 results?

Sinclair filed its 10-Q for the quarter ended 30 September 2026 with the SEC on 4 November 2026.

Quarterly results, the last 17 quarters

Q2 FY2022Q3 FY2022Q1 FY2023Q2 FY2023Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026Q3 FY2026
Revenue8378437737687678267988299171,004776784773836807840893
SG&A195190191190176190196194201203192200203211214217207
Operating income10715421.0-3.037.0-38642.064.017926614.021.058.080.027.050.0134
Operating margin13%18%3%-0%5%-47%5%8%20%26%2%3%8%10%3%6%15%
Interest expense54.059.074.076.077.078.076.076.078.074.014482.085.084.085.080.079.0
Pre-tax income-46.0138-11.0-107-57.0-46221.024.0125225-200-76.00.0123-13735.066.0
Tax raten/a79%n/an/an/an/a-19%21%23%20%n/an/an/a6%n/a320%35%
Net income-11.021.0185-89.0-46.0-34123.017.094.0176-156-64.0-1.010920.0-76.043.0
Net margin-1%2%24%-12%-6%-41%3%2%10%18%-20%-8%-0%13%2%-9%5%
Diluted EPS-$0.17$0.32$2.64-$1.38-$0.74-$5.35$0.35$0.27$1.43$2.61-$2.30-$0.91-$0.02$1.55$0.28-$1.06$0.60
Operating cash flown/a25162.080.01.092.0-4.0-3062101985.0122-36.098.043.066.0129
Capital expendituren/a29.020.020.030.022.021.023.017.023.016.017.022.019.015.020.020.0
Free cash flown/a22242.060.0-29.070.0-25.0-329193175-11.0105-58.079.028.046.0109
Buybacksn/a10.053.01000.00.00.00.00.00.0n/an/an/an/an/an/an/a
Dividends paidn/a17.018.016.016.015.016.017.016.017.017.017.018.017.018.018.019.0
Shares outstandingn/an/an/an/an/an/an/an/an/a66m70m70m70m72m72m72m72m
Filing10-Q10-Q10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

10-Q for the period ended 30 September 2026, filed 4 November 2026: the filing.