Sinclair Broadcast Group, LLC

For the period ended Sep 30, 2025. Filed Nov 7, 2025.

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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Sep 30, 2025 · Filed Nov 7, 2025

SBGI$14.23+4.0%Stored close · as of Nov 9, 2026

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Contents

CONSOLIDATED STATEMENTS OF OPERATIONS

	Three Months Ended September 30,		Nine Months Ended September 30,
	2025	2024	2025	2024
REVENUE:
Media revenue	$667	$845	$2,040	$2,322
OPERATING EXPENSES:
Media programming and production expenses	378	384	1,148	1,149
Media selling, general and administrative expenses	165	188	497	549
Amortization of program costs	21	18	57	55
Non-media expenses	2	2	6	6
Depreciation of property and equipment	25	25	75	76
Corporate general and administrative expenses	21	24	85	100
Amortization of definite-lived intangible assets	31	33	91	98
Gain on asset dispositions and other, net	(25)	(11)	(8)	(11)
Total operating expenses	618	663	1,951	2,022
Operating income	49	182	89	300
OTHER INCOME (EXPENSE):
Interest expense including amortization of debt discount and deferred financing costs	(85)	(78)	(311)	(230)
Gain on extinguishment of debt	—	—	6	1
Other income, net	2	3	8	36
Total other expense, net	(83)	(75)	(297)	(193)
(Loss) income before income taxes	(34)	107	(208)	107
INCOME TAX BENEFIT (PROVISION)	6	(25)	40	(15)
NET (LOSS) INCOME	(28)	82	(168)	92
Net income attributable to the noncontrolling interests	(2)	(2)	(5)	(5)
NET (LOSS) INCOME ATTRIBUTABLE TO SBG	$(30)	$80	$(173)	$87

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