SiriusXM Q1 FY26 net income rises 20% to $245 million; revenue climbs 1% to $2.09 billion

Sirius XM Holdings Inc.

Sirius XM Holdings Inc.

SIRI

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  • Sirius XM posted 1Q26 net income up 20% to $245 million; diluted EPS climbed 22% to $0.72.
  • Revenue rose 1% to $2.09 billion, supported by subscriber strength and continued momentum in advertising.
  • Adjusted EBITDA increased 6% to $666 million, with margin widening 140 basis points to 31.9% on disciplined expense management.
  • Free cash flow more than tripled to $171 million on higher adjusted EBITDA and lower CapEx; self-pay net additions improved to (111,000) as self-pay monthly churn fell to about 1.5%.
  • Full-year 2026 guidance was reaffirmed for revenue of about $8.5 billion, adjusted EBITDA of about $2.6 billion, and free cash flow of about $1.35 billion.


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