For the quarter ending 2025-09-30, SBGI had -$90M decrease in cash & cash equivalents over the period. -$58M in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net (loss) income | 1 | -216 |
| Amortization of definite-lived intangible and other assets | 37 | 71 |
| Depreciation of property and equipment | 25 | 50 |
| Amortization of program costs | 21 | 36 |
| Stock-based compensation | 9 | 33 |
| Deferred tax (benefit) provision | 43 | -141 |
| Loss (gain) on asset dispositions and other, net | -9 | -17 |
| Income (loss) from equity method investments | -2 | -7 |
| Loss from investments | -20 | 103 |
| Distributions from investments | 1 | 3 |
| Gain on extinguishment of debt | 0 | 6 |
| Debt issuance costs | 0 | 68 |
| Decrease (increase) in accounts receivable | 3 | -15 |
| (increase) decrease in prepaid expenses and other current assets | -20 | 38 |
| Increase (decrease) in accounts payable and accrued and other current liabilities | -92 | 104 |
| Net change in net income taxes payable/receivable | -48 | 49 |
| Decrease in program contracts payable | 18 | 37 |
| Other, net | 23 | -9 |
| Net cash flows from (used in) operating activities | -36 | 127 |
| Acquisition of property and equipment | 22 | 33 |
| Acquisition of businesses, net of cash acquired | 0 | 25 |
| Purchases of investments | 6 | 20 |
| Distributions and proceeds from investments | 0 | 13 |
| Other, net | 0 | 0 |
| Net cash flows (used in) from investing activities | -28 | -65 |
| Proceeds from notes payable and commercial bank financing | 0 | 1,430 |
| Repayments of notes payable, commercial bank financing, and finance leases | 6 | 1,414 |
| Dividends paid on classa and classb common stock | 18 | 34 |
| Debt issuance costs | 0 | 110 |
| Distributions to noncontrolling interests | 2 | 6 |
| Other, net | 0 | -9 |
| Net cash flows used in financing activities | -26 | -143 |
| Net decrease in cash, cash equivalents, and restricted cash | -90 | -81 |
| Cash and cash equivalents at beginning of period | 697 | - |
| Cash and cash equivalents at end of period | 526 | - |
Sinclair, Inc. (SBGI)
Sinclair, Inc. (SBGI)