Sinclair swings to profit, acquires 15 stations, repays $165M debt at discount

Filed May 6, 2026 · Period ending March 31, 2026 · Compared to 10-Q May 9, 2025 · ~1 min read

Key Changes

• high

  Net income of $20M vs $156M loss prior year; operating income doubled to $27M driven by political ad revenue ($18M vs $6M) and absence of $68M one-time financing charges from 2025 recapitalization.

  MD&A: Operating Results verify on EDGAR →
• high

  Acquired 15 stations across 9 markets in Q1 2026, converting JSA/SSA service agreements to full ownership in Eugene, Tulsa, Rochester, and six other markets; disposed of 6 stations in Spokane/Yakima.

  MD&A: Station Acquisitions verify on EDGAR →
• high

  Repurchased $165M aggregate principal of Term Loans B-6 and B-7 at discounts in April 2026, reducing debt below face value and lowering future interest expense.

  MD&A: Debt Repurchases verify on EDGAR →