Filing Flows › Sinclair (SBGI) › Q3 2025
Sinclair (SBGI) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 7, 2025
Sinclair (SBGI) reported revenue of $773M for the third quarter 2025 (Q3 2025), -16% from a year earlier and -1% from the quarter before. Operating margin was 7.5%, net earnings $1.0M (0.1% of revenue).
Sinclair, Q3 2025: revenue $773M (-16% year over year), operating margin 7.5%, net earnings $1.0M, operating cash flow −$36.0M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $773M | -1% | -16% |
| Operating profit | $58.0M | +176% | -68% |
| Net earnings | $1.0M | — | -99% |
| Operating cash flow | −$36.0M | -130% | — |
What changed
Revenue was $773.0M in Q3 2025, down 16% year over year and down 1% from the previous quarter.
Operating profit was $58.0M, a 7.5% margin (down 12.0 points year over year). Total costs fell 3% while revenue fell 16%. Net earnings were −$1.0M.
Operating cash flow was −$36.0M. Non-cash charges added back $62.0M of depreciation and amortization and $9.0M of share-based compensation. Working capital and other items used $108.0M. Capital expenditures of $22.0M exceeded it, leaving free cash flow of −$58.0M.
Questions
What was Sinclair's revenue in the third quarter 2025?
Sinclair (SBGI) reported revenue of $773M for the third quarter 2025 (Q3 2025), -16% from a year earlier and -1% from the quarter before.
Was Sinclair profitable in the third quarter 2025?
Operating profit was $58.0M (7.5% of revenue) and net earnings $1.0M.
Source: Sinclair 10-Q on SEC EDGAR.