Inferra AI / Company / SIRI
Sirius Xm Holdings Inc.
SIRI · Communication Services
Last earnings Oct 29, 2026
Key results
Billion net incomequarter
$297
Billion Net Income of $297
SEC original ↗Sirius Xm Holdings Inc. — Earnings release (8-K exhibit)EX-99Oct 30, 2025
Million EPSquarter
$0.84
Million Diluted EPS of $0.84 Adjusted EBITDA of $676 Million 1
SEC original ↗Sirius Xm Holdings Inc. — Earnings release (8-K exhibit)EX-99Oct 30, 2025
Free cash flowquarter
$257 Million
Free Cash Flow of $257 Million
SEC original ↗Sirius Xm Holdings Inc. — Earnings release (8-K exhibit)EX-99Oct 30, 2025
Revenuequarter
$2.16 billion
revenue of $2.16 billion, down 1% from the prior-year period, and
SEC original ↗Sirius Xm Holdings Inc. — Earnings release (8-K exhibit)EX-99Oct 30, 2025
Growthquarter
down 1%
revenue of $2.16 billion, down 1% from the prior-year period, and
SEC original ↗Sirius Xm Holdings Inc. — Earnings release (8-K exhibit)EX-99Oct 30, 2025
Net incomequarter
$297 million
net income of $297 million, compared to a net loss of $2.96 billion in the third quarter of 2024, which included a $3.36 billion noncash goodwill impairment related to the Liberty Media transaction.
SEC original ↗Sirius Xm Holdings Inc. — Earnings release (8-K exhibit)EX-99Oct 30, 2025
SiriusXM revenuequarter
$1.6 Billion
SiriusXM Revenue of $1.6 Billion In the third quarter of 2025, SiriusXM recorded total revenue of $1.6 billion, representing a 1% decline compared to the same period in 2024.
SEC original ↗Sirius Xm Holdings Inc. — Earnings release (8-K exhibit)EX-99Oct 30, 2025
The decrease was driven by a $13 million reduction in subscriber revenue, reflecting a smaller average base of self-pay subscribers.
SEC original ↗Sirius Xm Holdings Inc. — Earnings release (8-K exhibit)EX-99Oct 30, 2025
Average revenuequarter
$15.19
Average Revenue Per User (ARPU) was $15.19 in the third quarter of 2025, an increase from $15.16 in the third quarter of 2024.
SEC original ↗Sirius Xm Holdings Inc. — Earnings release (8-K exhibit)EX-99Oct 30, 2025
AI analysis
Q3 2025 · reported Oct 30, 2025
Based on: Earnings release + parent 8-K — transcript not held
The quarter in charts
Guidance ladder — revenue
Delivered vs the company's guided range
EX-99 · Oct 30, 2025 Guide as stated by the company; range and midpoint computed from the stated figure.
Headline figures
| Metric | Q3 2025 | Prior qtr | Year ago |
|---|---|---|---|
| Billion net income | $297 | $205 million | — |
| Million EPS | $0.84 | $0.57 | — |
| Free cash flow | $257 Million | $402 Million | — |
| Revenue | $2.16 billion | $2.14 billion | — |
| Growth | down 1% | — | — |
| Net income | $297 million | $205 million | — |
| SiriusXM revenue | $1.6 Billion | $1.6 Billion | — |
| Average revenue | $15.19 | — | — |
Guidance · company-stated
Direction: Raised
“Our third-quarter results demonstrate continued financial strength, and we are pleased to increase our financial guidance by $25 million across revenue, adjusted EBITDA, and free cash flow, said Tom Barry, Chief Financial Officer.”
“INCREASED 2025 FINANCIAL GUIDANCE The company increased its 2025 guidance for revenue, adjusted EBITDA and free cash flow by $25 million across the board, to the following Total revenue of approximately $8.525 billion, Adjusted EBITDA of approximately $2.625 billion, and Free cash flow of approximately $1.225 billion.”
“Across each of these areas, we re leveraging our unique assets to deliver sustainable profitability and long-term value for our shareholders a strategy that is already delivering as we raise our full year guidance.”
Classified from the release's primary full-year outlook statement.
Cash flow & capex
Capital allocation
Our balanced approach drove a $120 million reduction in debt and delivered $111 million to our shareholders in the third quarter Barry added.
What changed vs last quarter
- Guide midpoint vs latest-quarter revenue -98.8% computed from stated figures
Event summary
Earnings (loss) per diluted common share were $0.84, compared to ($8.74) in the third quarter of 2024
Based on: Earnings release + parent 8-K — transcript not held
Guidance & outlook
Direction: Raised
Revenue: “Our third-quarter results demonstrate continued financial strength, and we are pleased to increase our financial guidance by $25 million across revenue, adjusted EBITDA, and free cash flow, said Tom Barry, Chief Financial Officer.”
Revenue: “INCREASED 2025 FINANCIAL GUIDANCE The company increased its 2025 guidance for revenue, adjusted EBITDA and free cash flow by $25 million across the board, to the following Total revenue of approximately $8.525 billion, Adjusted EBITDA of approximately $2.625 billion, and Free cash flow of approximately $1.225 billion.”
Company outlook — Raised (“raise”)
“Across each of these areas, we re leveraging our unique assets to deliver sustainable profitability and long-term value for our shareholders a strategy that is already delivering as we raise our full year guidance.”
Revenue — Raised (“increase”)
“Our third-quarter results demonstrate continued financial strength, and we are pleased to increase our financial guidance by $25 million across revenue, adjusted EBITDA, and free cash flow, said Tom Barry, Chief Financial Officer.”
Revenue — Raised (“INCREASED”)
“INCREASED 2025 FINANCIAL GUIDANCE The company increased its 2025 guidance for revenue, adjusted EBITDA and free cash flow by $25 million across the board, to the following Total revenue of approximately $8.525 billion, Adjusted EBITDA of approximately $2.625 billion, and Free cash flow of approximately $1.225 billion.”
Classified from the release's primary full-year outlook statement.
Capital allocation
Our balanced approach drove a $120 million reduction in debt and delivered $111 million to our shareholders in the third quarter Barry added.
SEC original ↗Sirius Xm Holdings Inc. — Earnings release (8-K exhibit)EX-99Oct 30, 2025
SiriusXM generated $257 million in free cash flow in the third quarter of 2025, up from $93 million in the prior-year period, reflecting the elimination of Liberty transaction costs, lower cash taxes paid and lower capital expenditures.
SEC original ↗Sirius Xm Holdings Inc. — Earnings release (8-K exhibit)EX-99Oct 30, 2025
In the third quarter of 2025, SiriusXM distributed $91 million through dividends and repurchased $20 million in shares, returning $111 million to shareholders.
SEC original ↗Sirius Xm Holdings Inc. — Earnings release (8-K exhibit)EX-99Oct 30, 2025
The company ended the third quarter of 2025 with a net debt-to-adjusted EBITDA ratio of 3.8 times and continues to target a long-term leverage ratio in the low-to-mid 3 s range.
SEC original ↗Sirius Xm Holdings Inc. — Earnings release (8-K exhibit)EX-99Oct 30, 2025
$ 297 $ (2,456) $ 706 $ (1,952) Net income (loss) per common share Basic $ 0.88 $ (8.74) $ 2.09 $ (7.01) Diluted $ 0.84 $ (8.74) $ 1.99 $ (7.01) Weighted average common shares outstanding Basic 337 339 338 337 Diluted 356 339 357 337 Dividends declared per common share $ 0.27 $ 0.266 $ 0.81 $ 0.798 4 SIRIUS XM HOLDINGS INC.
SEC original ↗Sirius Xm Holdings Inc. — Earnings release (8-K exhibit)EX-99Oct 30, 2025
We believe free cash flow provides useful supplemental information to investors regarding our cash available for future subscriber acquisitions and capital expenditures, to repurchase or retire debt, to acquire other companies and our ability to return capital to stockholders.
SEC original ↗Sirius Xm Holdings Inc. — Earnings release (8-K exhibit)EX-99Oct 30, 2025
Strategy & priorities
Across each of these areas, we re leveraging our unique assets to deliver sustainable profitability and long-term value for our shareholders a strategy that is already delivering as we raise our full year guidance.
SEC original ↗Sirius Xm Holdings Inc. — Earnings release (8-K exhibit)EX-99Oct 30, 2025
As we look ahead, we remain confident in our strategy and on track to meet our new full-year guidance.
SEC original ↗Sirius Xm Holdings Inc. — Earnings release (8-K exhibit)EX-99Oct 30, 2025
Creator Connect delivered strong year-over-year and quarter-over-quarter growth, with expansion in both inventory and CPMs.
SEC original ↗Sirius Xm Holdings Inc. — Earnings release (8-K exhibit)EX-99Oct 30, 2025
Risks & headwinds
Due to the uncertainty around special items that have not yet occurred and are difficult to predict with reasonable certainty prior to year-end, we cannot reconcile these projected adjusted EBITDA and free cash flow measures to their most directly comparable financial measure under GAAP without unreasonable effort.
SEC original ↗Sirius Xm Holdings Inc. — Earnings release (8-K exhibit)EX-99Oct 30, 2025
Such forward-looking statements are based upon the current beliefs and expectations of our management and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are difficult to predict and generally beyond our control.
SEC original ↗Sirius Xm Holdings Inc. — Earnings release (8-K exhibit)EX-99Oct 30, 2025
Risks Relating to Laws and Governmental Regulations Privacy and data security laws and regulations may hinder our ability to market our services, sell advertising and impose legal liabilities consumer protection laws and our failure to comply with them could damage our business failure to comply with FCC requirements could damage our business we may face lawsuits, incur liability or suffer reputational harm as a result of content published or made available through our services and environmental, social and governance expectations and related reporting obligations may expose us to potential liabilities, increased costs, reputational harm, and other adverse effects.
SEC original ↗Sirius Xm Holdings Inc. — Earnings release (8-K exhibit)EX-99Oct 30, 2025
Risks Associated with Data and Cybersecurity and the Protection of Consumer Information If we fail to protect the security of personal information about our customers, we could be subject to costly government enforcement actions and private litigation and our reputation could suffer we use artificial intelligence in our business, and challenges with properly managing its use could result in reputational harm, competitive harm, and legal liability and adversely affect our results of operations and interruption or failure of our information technology and communications systems could impair the delivery of our service and harm our business.
SEC original ↗Sirius Xm Holdings Inc. — Earnings release (8-K exhibit)EX-99Oct 30, 2025
Other Operational Risks If we are unable to attract and retain qualified personnel, our business could be harmed our facilities could be damaged by natural catastrophes or terrorist activities the unfavorable outcome of pending or future litigation could have an adverse impact on our operations and financial condition we may be exposed to liabilities that other entertainment service providers would not customarily be subject to and our business and prospects depend on the strength of our brands.
SEC original ↗Sirius Xm Holdings Inc. — Earnings release (8-K exhibit)EX-99Oct 30, 2025
What changed vs prior quarter
Guidance direction — prior quarter: Reiterated; this quarter: Raised
SEC original ↗Sirius Xm Holdings Inc. — Earnings release (8-K exhibit)EX-99Oct 30, 2025
Billion net income — prior quarter passage and this quarter's passage are both cited.
SEC original ↗Sirius Xm Holdings Inc. — Earnings release (8-K exhibit)EX-99Oct 30, 2025
Million EPS — prior quarter passage and this quarter's passage are both cited.
SEC original ↗Sirius Xm Holdings Inc. — Earnings release (8-K exhibit)EX-99Oct 30, 2025
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
35 documents- Q3 2026
- 8-KSIRI
Oct 29, 2026
- Q2 2026
- 10-QSIRI
Jul 30, 2026
- 8-KSIRI
Jul 30, 2026
- 8-KSIRI
Jul 30, 2026
- Q1 2026
- 8-KSIRI
Jun 1, 2026
- 10-QSIRI
Apr 30, 2026
- 8-KSIRI
Apr 30, 2026
- Q4 2025
- 8-KSIRI
Mar 10, 2026
- 8-KSIRI
Mar 5, 2026
- 8-KSIRI
Mar 4, 2026
- EX-99SIRI
- 8-KSIRI
Feb 27, 2026
- EX-99SIRI
Feb 27, 2026
- 8-KSIRI
Feb 26, 2026
- EX-99SIRI
Feb 26, 2026
- EX-99SIRI
Feb 26, 2026
- 10-KSIRI
Feb 5, 2026
- 8-KSIRI
Feb 5, 2026
- 8-KSIRI
Jan 29, 2026
- Q3 2025
- 8-KSIRI
Nov 18, 2025
- 10-QSIRI
Oct 30, 2025
- 8-KSIRI
Oct 30, 2025
- Q2 2025
- 8-KSIRI
Sep 8, 2025
- 8-KSIRI
Aug 21, 2025
- 10-QSIRI
Jul 31, 2025
- 8-KSIRI
Jul 31, 2025
- 8-K/ASIRI
Jul 23, 2025
- Q1 2025
- 8-KSIRI
May 30, 2025
- 10-QSIRI
- 8-KSIRI
May 1, 2025
- Q4 2024
- 8-KSIRI
Mar 20, 2025
- 8-KSIRI
Feb 18, 2025
- 10-KSIRI
Jan 30, 2025
- 8-KSIRI
Jan 30, 2025
- 8-KSIRI
Jan 3, 2025
Earnings releases
9 documentsPresentations
0 documentsNo presentations for Sirius Xm Holdings Inc. are held in this edition of the library.
Transcripts
0 documentsNo transcripts for Sirius Xm Holdings Inc. are held in this edition of the library.
Mentioned by
2 companiesOther tracked companies whose held documents mention Sirius Xm Holdings Inc. by name or ticker. A mention is counted once per document, from the document text the library holds.
“ces at SiriusXM improved 2% to $636 million in the second quarter of 2026,… …Exhibit 99.1 Sirius XM Holdings Reports Strong Second Quarter 2026 Results and Raises Full-Year Financial Guidance • Second Quarter Consolidated Revenue rose 1% year-over-ye”
“rms 2026 Revenue, Adjusted EBITDA and Free Cash Flow Guidance NEW YORK – April 30, 2026 – Sirius XM Holdings announced first quarter 2026 operating and financial… …Product and technology 69 73 General and administrative 122 122 Depreciation and amort”
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