Sinclair Inc. reports third quarter revenue of $773 million and net loss of $1 million

Reuters
2025/11/08
Sinclair Inc. reports third quarter revenue of $773 million and net loss of $1 million

Sinclair Inc. reported a net loss attributable to the company of $1 million for the third quarter of 2025, compared to net income of $94 million in the same period in 2024. For the nine months ended September 30, 2025, the company reported a net loss of $221 million, down from net income of $134 million for the same period in 2024. Media revenue increased by $29 million for the quarter and $67 million for the nine-month period, mainly due to higher advertising revenue following the acquisition of Digital Remedy. Media expenses rose by $24 million for the quarter and $58 million for the nine-month period, primarily due to increased selling, general, and administrative costs related to the acquisition. Distribution revenue decreased by 3% for the quarter and 1% for the nine-month period. Non-media revenue fell by $6 million for the nine months, mainly due to lower broadcast equipment sales. The company recognized $93 million in gains from the sale of certain equity method investments during the nine months ended September 30, 2024.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sinclair Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001971213-25-000073), on November 07, 2025, and is solely responsible for the information contained therein.

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