Filing Flows › Sinclair (SBGI) › Q2 2025
Sinclair (SBGI) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 8, 2025
Sinclair (SBGI) reported revenue of $784M for the second quarter 2025 (Q2 2025), -5% from a year earlier and +1% from the quarter before. Operating margin was 2.7%, net loss $62.0M (7.9% of revenue).
Sinclair, Q2 2025: revenue $784M (-5% year over year), operating margin 2.7%, net loss $62.0M, operating cash flow $122M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $784M | +1% | -5% |
| Operating profit | $21.0M | +50% | — |
| Net earnings | −$62.0M | — | — |
| Operating cash flow | $122M | 24× | — |
| Free cash flow | $105M | — | — |
What changed
Revenue was $784.0M in Q2 2025, down 5% year over year and up 1% from the previous quarter.
Operating profit was $21.0M, a 2.7% margin (down 5.0 points year over year). Total costs fell 0% while revenue fell 5%. The quarter ended with a net loss of $62.0M, narrower than the previous quarter's $154.0M loss. Net interest and other expense of $97.0M was the main reason.
Operating cash flow was $122.0M. Non-cash charges added back $59.0M of depreciation and amortization and $11.0M of share-based compensation. Working capital and other items added $114.0M. Capital expenditures of $17.0M left free cash flow of $105.0M.
Questions
What was Sinclair's revenue in the second quarter 2025?
Sinclair (SBGI) reported revenue of $784M for the second quarter 2025 (Q2 2025), -5% from a year earlier and +1% from the quarter before.
Was Sinclair profitable in the second quarter 2025?
Operating profit was $21.0M (2.7% of revenue) and net loss $62.0M.
Source: Sinclair 10-Q on SEC EDGAR.