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Side-by-side financial comparison of BREAD FINANCIAL HOLDINGS, INC. (BFH) and Sinclair, Inc. (SBGI). Click either name above to swap in a different company.
BREAD FINANCIAL HOLDINGS, INC. is the larger business by last-quarter revenue ($975.0M vs $807.0M, roughly 1.2× Sinclair, Inc.). On growth, BREAD FINANCIAL HOLDINGS, INC. posted the faster year-over-year revenue change (5.4% vs 4.0%). Over the past eight quarters, BREAD FINANCIAL HOLDINGS, INC.'s revenue compounded faster (-0.8% CAGR vs -1.3%).
Bread Financial Holdings, Inc. is an American publicly traded provider of private label credit cards, coalition loyalty programs, and direct marketing, derived from the capture and analysis of transaction-rich data.
Sinclair, Inc., doing business as Sinclair Broadcast Group, is a publicly traded American telecommunications conglomerate that is controlled by the descendants of company founder Julian Sinclair Smith. Headquartered in the Baltimore suburb of Cockeysville, Maryland, the company is the second-largest television station operator in the United States by number of stations after Nexstar Media Group, owning or operating 193 stations across the country in over 100 markets, covering 40% of American ...
BFH vs SBGI — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $975.0M | $807.0M |
| Net Profit | — | $20.0M |
| Gross Margin | — | — |
| Operating Margin | 4.9% | 0.0% |
| Net Margin | — | 2.5% |
| Revenue YoY | 5.4% | 4.0% |
| Net Profit YoY | — | — |
| EPS (diluted) | $1.21 | $0.28 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $807.0M | ||
| Q4 25 | $975.0M | $836.0M | ||
| Q3 25 | $971.0M | $773.0M | ||
| Q2 25 | $929.0M | $784.0M | ||
| Q1 25 | $970.0M | $776.0M | ||
| Q4 24 | $925.0M | $1.0B | ||
| Q3 24 | $983.0M | $917.0M | ||
| Q2 24 | $939.0M | $829.0M |
| Q1 26 | — | $20.0M | ||
| Q4 25 | — | $109.0M | ||
| Q3 25 | $188.0M | $-1.0M | ||
| Q2 25 | $139.0M | $-64.0M | ||
| Q1 25 | $138.0M | $-156.0M | ||
| Q4 24 | — | $176.0M | ||
| Q3 24 | $2.0M | $94.0M | ||
| Q2 24 | $133.0M | $17.0M |
| Q1 26 | — | 0.0% | ||
| Q4 25 | 4.9% | 9.6% | ||
| Q3 25 | 20.2% | 7.5% | ||
| Q2 25 | 18.7% | 2.7% | ||
| Q1 25 | 20.3% | 1.8% | ||
| Q4 24 | -2.9% | 26.5% | ||
| Q3 24 | 4.1% | 19.5% | ||
| Q2 24 | 19.2% | 7.7% |
| Q1 26 | — | 2.5% | ||
| Q4 25 | — | 13.0% | ||
| Q3 25 | 19.4% | -0.1% | ||
| Q2 25 | 15.0% | -8.2% | ||
| Q1 25 | 14.2% | -20.1% | ||
| Q4 24 | — | 17.5% | ||
| Q3 24 | 0.2% | 10.3% | ||
| Q2 24 | 14.2% | 2.1% |
| Q1 26 | — | $0.28 | ||
| Q4 25 | $1.21 | $1.62 | ||
| Q3 25 | $3.96 | $-0.02 | ||
| Q2 25 | $2.94 | $-0.91 | ||
| Q1 25 | $2.78 | $-2.30 | ||
| Q4 24 | $0.08 | $2.64 | ||
| Q3 24 | $0.05 | $1.43 | ||
| Q2 24 | $2.66 | $0.27 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $3.6B | — |
| Total DebtLower is stronger | $4.3B | — |
| Stockholders' EquityBook value | $3.3B | — |
| Total Assets | $22.7B | — |
| Debt / EquityLower = less leverage | 1.29× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $3.6B | $866.0M | ||
| Q3 25 | $3.8B | $526.0M | ||
| Q2 25 | $3.8B | $616.0M | ||
| Q1 25 | $4.2B | $631.0M | ||
| Q4 24 | $4.0B | $697.0M | ||
| Q3 24 | $3.5B | $536.0M | ||
| Q2 24 | $4.1B | $378.0M |
| Q1 26 | — | — | ||
| Q4 25 | $4.3B | $4.4B | ||
| Q3 25 | $3.8B | $4.1B | ||
| Q2 25 | $4.2B | $4.1B | ||
| Q1 25 | $5.1B | $4.2B | ||
| Q4 24 | $5.6B | $4.1B | ||
| Q3 24 | $4.6B | $4.1B | ||
| Q2 24 | — | $4.1B |
| Q1 26 | — | — | ||
| Q4 25 | $3.3B | $443.0M | ||
| Q3 25 | $3.3B | $347.0M | ||
| Q2 25 | $3.2B | $361.0M | ||
| Q1 25 | $3.1B | $436.0M | ||
| Q4 24 | $3.1B | $583.0M | ||
| Q3 24 | $3.1B | $415.0M | ||
| Q2 24 | $3.2B | $340.0M |
| Q1 26 | — | — | ||
| Q4 25 | $22.7B | $5.9B | ||
| Q3 25 | $21.7B | $5.6B | ||
| Q2 25 | $21.8B | $5.7B | ||
| Q1 25 | $22.4B | $5.8B | ||
| Q4 24 | $22.9B | $5.9B | ||
| Q3 24 | $21.7B | $5.8B | ||
| Q2 24 | $22.1B | $5.7B |
| Q1 26 | — | — | ||
| Q4 25 | 1.29× | 9.84× | ||
| Q3 25 | 1.14× | 11.75× | ||
| Q2 25 | 1.34× | 11.30× | ||
| Q1 25 | 1.67× | 9.56× | ||
| Q4 24 | 1.82× | 7.02× | ||
| Q3 24 | 1.47× | 9.86× | ||
| Q2 24 | — | 12.08× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $568.0M | — |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | 1.7% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $568.0M | $98.0M | ||
| Q3 25 | $605.0M | $-36.0M | ||
| Q2 25 | $526.0M | $122.0M | ||
| Q1 25 | $393.0M | $5.0M | ||
| Q4 24 | $479.0M | $198.0M | ||
| Q3 24 | $456.0M | $210.0M | ||
| Q2 24 | $477.0M | $-306.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | $79.0M | ||
| Q3 25 | — | $-58.0M | ||
| Q2 25 | — | $105.0M | ||
| Q1 25 | — | $-11.0M | ||
| Q4 24 | — | $175.0M | ||
| Q3 24 | — | $193.0M | ||
| Q2 24 | — | $-329.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | 9.4% | ||
| Q3 25 | — | -7.5% | ||
| Q2 25 | — | 13.4% | ||
| Q1 25 | — | -1.4% | ||
| Q4 24 | — | 17.4% | ||
| Q3 24 | — | 21.0% | ||
| Q2 24 | — | -39.7% |
| Q1 26 | — | 1.7% | ||
| Q4 25 | — | 2.3% | ||
| Q3 25 | — | 2.8% | ||
| Q2 25 | — | 2.2% | ||
| Q1 25 | — | 2.1% | ||
| Q4 24 | — | 2.3% | ||
| Q3 24 | — | 1.9% | ||
| Q2 24 | — | 2.8% |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.90× | ||
| Q3 25 | 3.22× | — | ||
| Q2 25 | 3.78× | — | ||
| Q1 25 | 2.85× | — | ||
| Q4 24 | — | 1.13× | ||
| Q3 24 | 228.00× | 2.23× | ||
| Q2 24 | 3.59× | -18.00× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BFH
Segment breakdown not available.
SBGI
| Media revenue | $701.0M | 87% |
| Other | $82.0M | 10% |
| Political advertising revenue | $18.0M | 2% |
| Non-media revenue | $6.0M | 1% |
