Sinclair (SBGI) Operating Expenses (2010 - 2026)
Sinclair (SBGI) recorded Operating Expenses of $790 million in Q2 2026, up 3.5% from $763 million a year earlier and up 1.3% from the prior quarter.
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Analysis
Sinclair (SBGI) Operating Expenses (2010 - 2026) Analysis & Trends
On a TTM basis, Sinclair's Operating Expenses came in at $3.04 billion as of Jun 30, 2026, up 1.3% year-over-year; for FY2025, it came in at $3 billion, unchanged from FY2024.
- Annual Operating Expenses has a five-year compound annual growth rate of -19.2% (FY2020 to FY2025).
- Across earlier years, Operating Expenses came in at $3 billion in FY2024 (-13.5%), $3.47 billion in FY2023, -$52 million in FY2022 and $6.04 billion in FY2021 (-30.7%).
- The Q2 2026 figure is the highest quarterly Operating Expenses since Q4 2023.
- On a year-over-year basis, Operating Expenses has increased for three consecutive quarters, with an average decline of 4.0% over the last eight quarters.
- Peak year-over-year performance for Operating Expenses in the last five years was growth of 71.4% in Q4 2023, against a decline of 74.6% in Q3 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at $780 million (Q1 2026), $756 million (Q4 2025) and $715 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Warner Bros. Discovery | 77.60 Bn | 63.26 Bn | 4.10 Bn | 8.48 Bn |
| 2 | Fox | 26.84 Bn | 12.75 Bn | - | 2.38 Bn |
| 3 | Omnicom | 20.35 Bn | 3.05 Bn | 1.30 Bn | 5.64 Bn |
| 4 | News | 15.97 Bn | 8.16 Bn | - | 991.00 Mn |
| 5 | Paramount Skydance | 10.53 Bn | 8.45 Bn | - | - |
| 6 | Pearson | 10.25 Bn | 7.39 Bn | - | - |
| 7 | New York Times | 10.06 Bn | 7.55 Bn | 394.61 Mn | 644.44 Mn |
| 8 | Sirius Xm Holdings | 8.67 Bn | 8.25 Bn | 1.44 Bn | 1.69 Bn |
| 9 | 36Kr Holdings | 5.97 Bn | 5.91 Bn | - | - |
| 10 | Sinclair | 896.91 Mn | -2.02 Bn | - | 790.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 790.00 Mn |
| Mar 31, 2026 | 780.00 Mn |
| Dec 31, 2025 | 756.00 Mn |
| Sep 30, 2025 | 715.00 Mn |
| Jun 30, 2025 | 763.00 Mn |
| Mar 31, 2025 | 762.00 Mn |
| Dec 31, 2024 | 738.00 Mn |
| Sep 30, 2024 | 738.00 Mn |
| Jun 30, 2024 | 765.00 Mn |
| Mar 31, 2024 | 756.00 Mn |
| Dec 31, 2023 | 1.21 Bn |
| Sep 30, 2023 | 730.00 Mn |
| Jun 30, 2023 | 771.00 Mn |
| Mar 31, 2023 | 752.00 Mn |
| Dec 31, 2022 | 707.00 Mn |
| Sep 30, 2022 | 689.00 Mn |
| Jun 30, 2022 | 730.00 Mn |
| Mar 31, 2022 | -2.18 Bn |
| Dec 31, 2021 | 1.31 Bn |
| Sep 30, 2021 | 1.46 Bn |
API Access
Sinclair Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=SBGI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "SBGI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=SBGI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();