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$15.11+6.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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CONSOLIDATED STATEMENTS OF CASH FLOWS
| Three Months Ended March 31, | ||
|---|---|---|
| 2026 | 2025 | |
| CASH FLOWS FROM OPERATING ACTIVITIES: | ||
| Net income (loss) | $21 | $(154) |
| Adjustments to reconcile net income (loss) to net cash flows from operating activities: | ||
| Amortization of definite-lived intangible and other assets | 39 | 36 |
| Depreciation of property and equipment | 26 | 26 |
| Amortization of program costs | 18 | 19 |
| Stock-based compensation | 21 | 22 |
| Deferred tax benefit | (156) | (138) |
| Loss on asset dispositions and other, net | 7 | 8 |
| Loss from equity method investments | 1 | 6 |
| Loss from investments | 85 | 73 |
| Distributions from investments | 1 | 2 |
| Gain on extinguishment of debt | — | (2) |
| Debt issuance costs | — | 68 |
| Change in assets and liabilities, net of acquisitions: | ||
| Decrease (increase) in accounts receivable | 55 | (33) |
| Increase in prepaid expenses and other current assets | (39) | (29) |
| (Decrease) increase in accounts payable and accrued and other current liabilities | (12) | 24 |
| Net change in net income taxes payable/receivable | (1) | 92 |
| Decrease in program contracts payable | (19) | (19) |
| Other, net | (4) | 4 |
| Net cash flows from operating activities | 43 | 5 |
| CASH FLOWS USED IN INVESTING ACTIVITIES: | ||
| Acquisition of property and equipment | (15) | (16) |
| Acquisition of businesses, net of cash acquired | (15) | (25) |
| Purchases of investments | (8) | (8) |
| Distributions and proceeds from investments | 11 | 7 |
| Other, net | 3 | — |
| Net cash flows used in investing activities | (24) | (42) |
| CASH FLOWS USED IN FINANCING ACTIVITIES: | ||
| Proceeds from notes payable and commercial bank financing | — | 1,430 |
| Repayments of notes payable, commercial bank financing, and finance leases | (9) | (1,331) |
| Dividends paid on Class A and Class B Common Stock | (18) | (17) |
| Debt issuance costs | — | (99) |
| Distributions to noncontrolling interests | (3) | (3) |
| Other, net | (11) | (9) |
| Net cash flows used in financing activities | (41) | (29) |
| NET DECREASE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH | (22) | (66) |
| CASH, CASH EQUIVALENTS, AND RESTRICTED CASH, beginning of period | 866 | 697 |
| CASH, CASH EQUIVALENTS, AND RESTRICTED CASH, end of period | $844 | $631 |
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