Sinclair, Inc. reported full-year 2025 Adjusted EBITDA of $483 million, with core advertising revenue increasing $71 million compared to the prior year. The media company exceeded fourth-quarter guidance on several key performance indicators, driven by advertising momentum and disciplined cost management throughout the period.
Looking ahead to 2026, Sinclair issued forward guidance reflecting anticipated strength from the mid-term political advertising cycle and an expanded sports calendar. The company projects a minimum of $333 million in political advertising revenue for the year, alongside Adjusted EBITDA guidance in the range of $700 million to $740 million. This represents a significant uplift from 2025 results, reflecting the company's expectations for heightened political spending and operational leverage across its portfolio.
The guidance underscores Sinclair's positioning to capitalize on cyclical revenue opportunities while maintaining cost discipline. The projected improvement in profitability metrics demonstrates management confidence in the company's ability to execute against these targets through 2026.