Sinclair Inc. Reports Q3 2026 Earnings Growth Driven by Record Political Advertising
Sinclair Inc. (SBGI) reported strong third-quarter 2026 financial results, highlighted by a 16% year-over-year revenue increase to $893 million. The growth was primarily fueled by record political advertising revenue, which reached $136 million for the quarter—a 55% increase compared to the 2022 midterm cycle. Consequently, adjusted EBITDA more than doubled from the previous year's quarter to $213 million. Despite the headline growth, core advertising revenue saw a 4% decline as political spending 'crowded out' other advertisers and inflationary pressures led to budget caution in consumer-facing sectors. However, the company raised its full-year guidance for both total revenue and adjusted EBITDA, reflecting confidence in sustained demand from contested states. The company also successfully improved its net income to $43 million, a significant turnaround from last year's net loss.
Tickers: $SBGI
Topics: EBITDA financial guidance political advertising revenue growth