Sinclair, Inc.

Annual Trend FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Total Revenue $6.1b
$3.9b -35.99%
$3.1b -20.24%
$3.5b +13.04%
$3.1b -10.51%
$3.3b +3.63%
Non-media revenue $51.0m $34.0m $28.0m $37.0m $27.0m
Media selling, general and administrative expenses $908.0m $812.0m $747.0m $794.0m $806.0m
Corporate general and administrative expenses $170.0m $160.0m $694.0m $185.0m $185.0m
Total operating expenses $6.0b ($52.0m) $3.5b $3.0b $3.0b $3.1b
Operating income (loss) $95.0m
$4.0b +4089.47%
($331.0m) -108.32%
$551.0m +266.47%
$173.0m -68.60%
$191.0m +10.40%
Interest expense including amortization of debt discount and deferred financing costs ($618.0m) ($296.0m) ($305.0m) ($304.0m) ($395.0m) $334.0m
Income from equity method investments $45.0m $56.0m $29.0m $118.0m $61.0m
Other income (expense), net ($14.0m) ($129.0m) ($45.0m) $29.0m $2.0m $164.0m
Total other expense, net ($594.0m) ($366.0m) ($306.0m) ($156.0m) ($326.0m)
(Loss) income before income taxes ($499.0m) $3.6b ($637.0m) $395.0m ($153.0m)
INCOME TAX BENEFIT (PROVISION) $173.0m ($913.0m) $358.0m ($76.0m) $54.0m
Net loss attributable to the redeemable noncontrolling interests ($18.0m) ($20.0m) $4.0m $0 $0
Net income attributable to the noncontrolling interests ($70.0m) ($29.0m) ($16.0m) ($9.0m) ($13.0m)
Basic (loss) earnings per share (in dollars per share) ($5.51) $37.54 ($4.46) $4.72 ($1.61)
Diluted (loss) earnings per share (in dollars per share) ($5.51) $37.54 ($4.46) $4.69 ($1.61)
Basic weighted average common shares outstanding (in shares) 75.0m 70.7m 65.1m 65.8m 69.1m
Diluted weighted average common and common equivalent shares outstanding (in shares) 75.0m 70.7m 65.1m 66.1m 69.1m
Media programming and production expenses $4.3b $1.9b $1.6b $1.7b $1.7b
Amortization of program contract costs $93.0m $90.0m $80.0m $74.0m $74.0m
Non-media expenses $57.0m $44.0m $49.0m $53.0m $48.0m
Depreciation of property and equipment $114.0m $100.0m $105.0m $101.0m $104.0m $261.0m
Amortization of definite-lived intangible and other assets $477.0m $221.0m $166.0m $149.0m $145.0m
Loss on deconsolidation of subsidiary $0 ($3.4b) $10.0m $0 $0
(Gain) loss on asset dispositions and other, net ($71.0m) ($64.0m) $3.0m ($20.0m) ($19.0m)
Gain on extinguishment of debt ($7.0m) $3.0m $15.0m $1.0m $6.0m
NET (LOSS) INCOME ($326.0m) $2.7b ($279.0m) $319.0m ($99.0m)
NET (LOSS) INCOME ATTRIBUTABLE TO SINCLAIR ($414.0m) $2.7b ($291.0m) $310.0m ($112.0m)

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.