Sinclair Broadcast Group, LLC

For the period ended Mar 31, 2026. Filed May 6, 2026.

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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.

Mar 31, 2026 · Filed May 6, 2026

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

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Contents

CONSOLIDATED BALANCE SHEETS

	As of March 31,2026	As of December 31,2025
ASSETS
Current assets:
Cash and cash equivalents	$844	$866
Accounts receivable, net of allowance for doubtful accounts of $5 as of both periods	631	687
Prepaid expenses and other current assets	153	147
Total current assets	1,628	1,700
Property and equipment, net	640	655
Operating lease assets	112	110
Goodwill	2,082	2,085
Indefinite-lived intangible assets	27	149
Customer relationships, net	265	269
Other definite-lived intangible assets, net	371	264
Other assets	651	717
Total assets (a)	$5,776	$5,949
LIABILITIES AND EQUITY
Current liabilities:
Accounts payable and accrued liabilities	$475	$496
Income taxes payable	21	21
Current portion of notes payable, finance leases, and commercial bank financing	23	25
Current portion of operating lease liabilities	25	24
Current portion of program contracts payable	57	70
Other current liabilities	71	67
Total current liabilities	672	703
Notes payable, finance leases, and commercial bank financing, less current portion	4,353	4,358
Operating lease liabilities, less current portion	113	112
Program contracts payable, less current portion	12	13
Deferred tax liabilities	57	213
Other long-term liabilities	177	180
Total liabilities (a)	5,384	5,579
Commitments and contingencies (See Note 4)
Shareholders’ equity:
Class A Common Stock, $.01 par value, 500,000,000 shares authorized, 48,254,010 and 45,979,350 shares issued and outstanding, respectively	1	1
Class B Common Stock, $.01 par value, 140,000,000 shares authorized, 23,755,236 and 23,755,236 shares issued and outstanding, respectively, convertible into Class A Common Stock	—	—
Additional paid-in capital	635	613
Accumulated deficit	(169)	(171)
Total Sinclair shareholders’ equity	467	443
Noncontrolling interests	(75)	(73)
Total equity	392	370
Total liabilities and equity	$5,776	$5,949

(a)Our consolidated total assets as of March 31, 2026 and December 31, 2025 include total assets of variable interest entities (“VIE”) of $21 million and $30 million, respectively, which can only be used to settle the obligations of the VIEs. Our consolidated total liabilities as of March 31, 2026 and December 31, 2025 include total liabilities of VIEs of $5 million and $8 million, respectively, for which the creditors of the VIEs have no recourse to us. See Note 7. Variable Interest Entities.

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