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	$392	$401
Accounts receivable, net of allowance for doubtful accounts of $4 as of both periods	545	612
Income taxes receivable	36	14
Prepaid expenses and other current assets	99	111
Total current assets	1,072	1,138
Property and equipment, net	625	634
Operating lease assets	111	108
Goodwill	2,001	2,004
Indefinite-lived intangible assets	—	122
Customer relationships, net	162	160
Other definite-lived intangible assets, net	367	260
Other assets	258	237
Total assets (a)	$4,596	$4,663
LIABILITIES AND EQUITY
Current liabilities:
Accounts payable and accrued liabilities	$418	$437
Current portion of notes payable, finance leases, and commercial bank financing	23	25
Current portion of operating lease liabilities	24	23
Current portion of program contracts payable	57	70
Other current liabilities	69	62
Total current liabilities	591	617
Notes payable, finance leases, and commercial bank financing, less current portion	4,353	4,358
Operating lease liabilities, less current portion	112	112
Program contracts payable, less current portion	12	13
Deferred tax liabilities	254	255
Other long-term liabilities	127	131
Total liabilities (a)	5,449	5,486
Commitments and contingencies (See Note 4)
SBG member's deficit:
Accumulated deficit	(778)	(749)
Total SBG member’s deficit	(778)	(749)
Noncontrolling interests	(75)	(74)
Total deficit	(853)	(823)
Total liabilities and deficit	$4,596	$4,663

(a)Sinclair Broadcast Group, LLC’s (“SBG”) 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. SBG’s 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 SBG. See Note 6. Variable Interest Entities.

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.