Sinclair Q3 revenue up 16%, beats analyst estimates
SBGI•Sinclair's third-quarter revenue rose 16% year over year to $893 million, beating the $871.41 million analyst estimate, while adjusted EBITDA more than doubled to $213 million. The company raised its 2026 adjusted EBITDA guidance to $825 million-$835 million from $730 million-$760 million.
1. Quarterly results
Sinclair reported third-quarter revenue of $893 million, up 16% from a year earlier and above the $871.41 million analyst estimate. Adjusted EBITDA more than doubled to $213 million, and operating income was $135 million.
2. Raised guidance
The company increased its 2026 adjusted EBITDA guidance to $825 million-$835 million from $730 million-$760 million. Sinclair said record political advertising revenue, new ABC and CBS network affiliation agreements, and Tennis Channel engagement and subscriber growth contributed to results.
