Filing Flows

Filing Flows › Companies › Sinclair › Cash flow

Sinclair cash flow, quarter by quarter

Latest: Q3 2026 · from the cash-flow statements filed with the SEC

Free cash flow$109M in Q3 2026 · $262M over twelve months

Operating cash flow$129M
Capital spending−$20.0M
Free cash flow+$109M
Cash / net income3.0×

Analysis

In Q3 2026, Sinclair generated $129M of operating cash flow and spent $20.0M on capital projects, leaving free cash flow of $109M. That is $167M more than in Q3 2025 (−$58.0M).

Over the twelve months to Sep 30, 2026, operating cash flow was $336M; the largest uses were capital spending ($74.0M), dividends ($72.0M), net borrowing (+) / repaid (−) ($64.0M); besides operations, cash came from other investing ($30.0M), other financing ($9.0M); the cash balance rose by $133M.

Operating cash flow was $129M against net income of $43.0M — 3.0× profit, cash ran ahead of reported earnings. The largest differences: depreciation & amortization +$66.0M, receivables +$41.0M, payables −$32.0M.

Free cash flow

Sinclair: free cash flow by quarterSinclair: free cash flow by quarter$175MQ4 2024−$11.0MQ1 2025$105MQ2 2025−$58.0MQ3 2025$79.0MQ4 2025$28.0MQ1 2026$46.0MQ2 2026$109MQ3 2026
Operating cash flow less capital spending.
Sinclair: operating cash flow against capital spendingSinclair: operating cash flow against capital spendingOperating cash flowCapital spending$198M$23.0MQ4 2024$5.0M$16.0MQ1 2025$122M$17.0MQ2 2025−$36.0M$22.0MQ3 2025$98.0M$19.0MQ4 2025$43.0M$15.0MQ1 2026$66.0M$20.0MQ2 2026$129M$20.0MQ3 2026
Latest (Q3 2026): Operating cash flow $129M, Capital spending $20.0M.

Capital allocation, year by year

Sinclair: where the cash came from (up) and went (down), by fiscal yearSinclair: where the cash came from (up) and went (down), by fiscal yearOperating cash flowNet borrowingAsset salesCapital spendingAcquisitionsBuybacksDividendsFY2021: Operating cash flow $327MFY2021: Net borrowing −$249MFY2021: Asset sales $43.0MFY2021: Capital spending −$80.0MFY2021: Acquisitions −$10.0MFY2021: Buybacks −$61.0MFY2021: Dividends −$60.0M$370MFY2021FY2022: Operating cash flow $799MFY2022: Net borrowing −$141MFY2022: Asset sales $9.0MFY2022: Capital spending −$105MFY2022: Buybacks −$120MFY2022: Dividends −$70.0M$808MFY2022FY2023: Operating cash flow $235MFY2023: Net borrowing −$85.0MFY2023: Asset sales $1.0MFY2023: Capital spending −$92.0MFY2023: Buybacks −$153MFY2023: Dividends −$65.0M$236MFY2023FY2024: Operating cash flow $98.0MFY2024: Net borrowing −$61.0MFY2024: Capital spending −$84.0MFY2024: Dividends −$66.0M$98.0MFY2024FY2025: Operating cash flow $189MFY2025: Net borrowing $282MFY2025: Capital spending −$74.0MFY2025: Acquisitions −$29.0MFY2025: Dividends −$69.0M$471MFY2025
Over these 5 years operating cash flow totalled $1.6B; the largest uses were net borrowing ($536M) and capital spending ($435M). Cash-flow statements as filed.

Cash runway and the debt wall

Cash & investments$659M
Debt$4.3B
Net debt$3.7B
Due within a year$17.0M

Sinclair funds itself: free cash flow was $262M over the last twelve months, and $659M of cash and investments stands against $4.3B of debt ($17.0M due within a year, 38.8× covered by cash).

Sinclair: debt maturities by year (FY2025)Sinclair: debt maturities by year (FY2025)$17.0MYear 1$18.0MYear 2$392MYear 3$692MYear 4$1.2BYear 5$2.1BAfter year 5
Principal due in each year as disclosed in the annual report, against $659M of cash and investments now.

Where the cash came from and went

Sinclair: sources (+) and uses (−) of cash, Q3 2026Sinclair: sources (+) and uses (−) of cash, Q3 2026Operating cash flow$129MCash drawn (+) / kept (−)−$55.0MNet borrowing (+) / repaid (−)−$29.0MCapital spending−$20.0MDividends−$19.0MOther investing−$7.0MOther financing$2.0MPartners−$1.0M
Sinclair: sources (+) and uses (−) of cash, TTM to Q3 2026Sinclair: sources (+) and uses (−) of cash, TTM to Q3 2026Operating cash flow$336MCash drawn (+) / kept (−)−$133MCapital spending−$74.0MDividends−$72.0MNet borrowing (+) / repaid (−)−$64.0MOther investing$30.0MAcquisitions−$19.0MPartners−$13.0MOther financing$9.0M

From profit to cash

Sinclair: net income to operating cash flow, Q3 2026Sinclair: net income to operating cash flow, Q3 2026Net income$43.0MDepreciation & amortization$66.0MStock-based pay$10.0MDeferred taxes$19.0MOther non-cash−$3.0MReceivables$41.0MPayables−$32.0MPrepaid and other assets−$9.0MIncome taxes payable$5.0MOperating cash flow$129M
Non-cash charges are added back; money tied up in receivables or inventory is subtracted.

Every quarter

QuarterOperating cash flowCapital spendingAcquisitionsDividendsNet borrowing (+) / repaid (−)Cash drawn (+) / kept (−)Free cash flow
Q3 2026$129M−$20.0M—−$19.0M−$29.0M−$55.0M$109M
Q2 2026$66.0M−$20.0M—−$18.0M−$306M$240M$46.0M
Q1 2026$43.0M−$15.0M−$15.0M−$18.0M−$9.0M$22.0M$28.0M
Q4 2025$98.0M−$19.0M−$4.0M−$17.0M$280M−$340M$79.0M
Q3 2025−$36.0M−$22.0M—−$18.0M−$6.0M$90.0M−$58.0M
Q2 2025$122M−$17.0M—−$17.0M−$83.0M$15.0M$105M
Q1 2025$5.0M−$16.0M−$25.0M−$17.0M—$66.0M−$11.0M
Q4 2024$198M−$23.0M—−$17.0M−$9.0M−$161M$175M

Sinclair: income statement and cash flow

Sinclair, Q3 2026: revenue $893M (+16% year over year), operating margin 15.0%. The chart follows the revenue to costs, profit and cash.

Sinclair: every quarter, Q/Q and Y/Y → Open in the app

Read automatically from the company’s XBRL cash-flow statements; quarterly figures for the fourth quarter are the year less the first three. Errors are possible. Not investment advice.