v3.26.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
REVENUE:    
Media revenue $ 801 $ 770
OPERATING EXPENSES:    
Media programming and production expenses 412 418
Media selling, general and administrative expenses 214 192
Amortization of program costs 18 19
Non-media expenses 15 11
Depreciation of property and equipment 26 26
Corporate general and administrative expenses 49 52
Amortization of definite-lived intangible assets 39 36
(Gain) loss on asset dispositions and other, net 7 8
Total operating expenses 780 762
Operating income 27 14
OTHER INCOME (EXPENSE):    
Interest expense including amortization of debt discount and deferred financing costs (85) (144)
Gain (loss) on extinguishment of debt 0 2
Other income, net (78) (66)
Total other expense, net (164) (214)
Loss before income taxes (137) (200)
INCOME TAX BENEFIT 158 46
NET INCOME (LOSS) 21 (154)
Net income attributable to the noncontrolling interests (1) (2)
NET INCOME (LOSS) ATTRIBUTABLE TO SINCLAIR 20 (156)
Sinclair Broadcast Group, LLC    
REVENUE:    
Media revenue 701 694
OPERATING EXPENSES:    
Media programming and production expenses 382 390
Media selling, general and administrative expenses 171 170
Amortization of program costs 18 19
Non-media expenses 2 2
Depreciation of property and equipment 26 25
Corporate general and administrative expenses 34 37
Amortization of definite-lived intangible assets 34 31
(Gain) loss on asset dispositions and other, net (1) 8
Total operating expenses 666 682
Operating income 35 12
OTHER INCOME (EXPENSE):    
Interest expense including amortization of debt discount and deferred financing costs (85) (144)
Gain (loss) on extinguishment of debt 0 2
Other income, net 4 3
Total other expense, net (81) (139)
Loss before income taxes (46) (127)
INCOME TAX BENEFIT 24 26
NET INCOME (LOSS) (22) (101)
Net income attributable to the noncontrolling interests (2) (1)
NET INCOME (LOSS) ATTRIBUTABLE TO SINCLAIR $ (24) $ (102)