Earnings ·
Reports Q3 net income of $317 million, raises full-year guidance by $25 million
SIRISirius XM Holdings Inc.
Sirius XM Holdings reported third-quarter consolidated revenue of $2.15 billion and net income of $317 million, a 7% increase from the prior year period. Adjusted EBITDA grew 3% to $694 million with margin expansion to 32%, while free cash flow advanced 14% to $293 million. The company raised its full-year 2026 guidance for revenue, adjusted EBITDA, and free cash flow by $25 million each. Self-pay net additions improved significantly to 5,000 from the prior year's loss of 40,000. Sirius XM Holdings operates a satellite radio and streaming audio entertainment business.