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SBGI

Sinclair, Inc.

Ticker SBGIHUNT VALLEY, MDFiscal year ends DecemberBook value per share $5.72Diluted shares 71.7M

Sinclair, Inc. (Nasdaq: SBGI) is a diversified media company whose businesses include local television broadcasting and tennis programming. Its local media segment owns or operates stations and provides programming, sales, and other services to stations across the United States; it also produces local and national… From the company’s description.

Over the twelve months to Sep 30, 2026, Sinclair, Inc. reported revenue of $3.38B, up 1.2% from a year earlier, and net income of $103.00M. Its operating margin was 8.6%, and operations generated $336.00M in cash. In fiscal 2025, it reported revenue of $3.17B, down 10.7% from fiscal 2024, and a net loss of $99.00M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$3.17BFY2025
−10.7% year over year
Last 12 mo $3.38B
5.46%FY2025
−10.1 percentage points
Last 12 mo 8.62%
$-99.00MFY2025
−131.0% year over year
Last 12 mo $103.00M
-25.28%FY2025
−78.5 percentage points
Last 12 mo 23.41%
Cash & financing
$189.00MFY2025
+92.9% year over year
Last 12 mo $336.00M
$115.00MFY2025
+721.4% year over year
Last 12 mo $262.00M
9.89FY2025
Was 7.08× a year earlier
Last 12 mo 9.84
69.1MFY2025
+4.6% year over year
Last 12 mo 71.7M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Sinclair, Inc. does

In the company’s own words

Sinclair, Inc. (Nasdaq: SBGI) is a diversified media company whose businesses include local television broadcasting and tennis programming. Its local media segment owns or operates stations and provides programming, sales, and other services to stations across the United States; it also produces local and national news, sports, and original programming. The segment earns revenue mainly from advertising and fees paid by distributors to carry its channels, and serves television audiences, advertisers, and distributors. Sinclair’s tennis segment includes Tennis Channel, its streaming services, TennisChannel 2, Tennis.com, and Pickleballtv, generating distribution fees and advertising revenue. In 2025, the company’s stations reached 81 markets through 179 stations broadcasting 656 channels, and produced more than 2,300 hours of local news weekly at 106 stations in 69 markets. Other businesses include Digital Remedy, broadcast technology and technical services companies, and investments in real estate, venture capital, private equity, and other sectors. Its local media networks include The Nest, Comet, CHARGE!, and ROAR; its reporting and original programming include The National News Desk and Full Measure. The company traces its roots to Sinclair Broadcast Group, founded in 1986, and reorganized as a holding company in 2023. Its website is www.sbgi.net.

Company details
Sector
Communication Services
Industry (SIC)
Communications
Headquarters
HUNT VALLEY, MD
Fiscal year end
December
CIK
1971213
SIC
4833

Financial performance, year by year

Fiscal 2023–2025 · USD
$-661.70M$486.40M$1.63B$2.78B$3.93B202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Sinclair, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

170
funds hold it
1 of 35
superinvestors hold it
$188.12M
held by funds, at market
26.8%
of shares held by funds

Superinvestors in Sinclair, Inc. · what they did last quarter

Ruane CunniffUNCHANGED
Ruane, Cunniff & Goldfarb (Sequoia)
<0.1%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · Sinclair, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
0.37%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.02%of fund net assets
Schwab Fundamental U.S. Small Company ETF
FNDA · SCHWAB STRATEGIC TRUST
—of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.01%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Sinclair, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Sinclair, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Sinclair, Inc.'s last four quarterly filings that the numbers alone won't show?”
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