Filing Flows › Sinclair (SBGI) › Q1 2025
Sinclair (SBGI) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 9, 2025
Sinclair (SBGI) reported revenue of $776M for the first quarter 2025 (Q1 2025), -3% from a year earlier and -23% from the quarter before. Operating margin was 1.8%, net loss $154M (19.8% of revenue).
Sinclair, Q1 2025: revenue $776M (-3% year over year), operating margin 1.8%, net loss $154M, operating cash flow $5.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $776M | -23% | -3% |
| Operating profit | $14.0M | — | — |
| Net earnings | −$154M | — | — |
| Operating cash flow | $5.0M | -97% | — |
What changed
Revenue was $776.0M in Q1 2025, down 3% year over year and down 23% from the previous quarter.
Operating profit was $14.0M, a 1.8% margin (down 3.5 points year over year). Total costs grew 1% against a revenue fall of 3%. The quarter ended with a net loss of $154.0M, after a profit of $179.0M the previous quarter. Net interest and other expense of $214.0M was the main reason.
Operating cash flow was $5.0M. Non-cash charges added back $62.0M of depreciation and amortization and $22.0M of share-based compensation. Working capital and other items added $75.0M. Capital expenditures of $16.0M exceeded it, leaving free cash flow of −$11.0M.
Questions
What was Sinclair's revenue in the first quarter 2025?
Sinclair (SBGI) reported revenue of $776M for the first quarter 2025 (Q1 2025), -3% from a year earlier and -23% from the quarter before.
Was Sinclair profitable in the first quarter 2025?
Operating profit was $14.0M (1.8% of revenue) and net loss $154M.
Source: Sinclair 10-Q on SEC EDGAR.