{"schema_version":"secwatch.filing_event.v1","accession":"0000908937-23-000013","form_type":"8-K","ticker":"SIRI","cik":"0000908937","company_name":"SIRIUS XM HOLDINGS INC.","filed_at":"2023-04-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.748494+00:00","generated_at":"2026-06-16T10:51:31.766809+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"SiriusXM Q1 revenue down 2% to $2.14B; raises 2023 adjusted EBITDA and FCF guidance","bullets":["Net income $233M ($0.06 EPS) vs $309M ($0.08) prior year; Adjusted EBITDA $625M, down 9%.","Raised FY2023 guidance: Adj. EBITDA ~$2.75B, FCF ~$1.1B; revenue reaffirmed ~$9.0B.","SiriusXM self-pay subscribers at 32.0M, down 347k from Q4; churn near record low at 1.6%.","Thomas Barry appointed CFO effective April 28, 2023; returns $161M to shareholders via dividends ($94M) and buybacks ($67M).","Content deals: Kevin Hart renewal, NHL and NASCAR extensions; Mercedes-Benz makes SiriusXM standard on all US models."],"urls":{"canonical":"https://secwatch.observer/filing/0000908937-23-000013","json":"https://secwatch.observer/filing/0000908937-23-000013.json","markdown":"https://secwatch.observer/filing/0000908937-23-000013.md","text":"https://secwatch.observer/filing/0000908937-23-000013.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/908937/000090893723000013/0000908937-23-000013-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/908937/000090893723000013/siri-20230427.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T10:51:31.766809+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"c5f3fd4ca5387556fe6230ea9d86e9a7b1f8cc3f","claim":"SIRIUS XM HOLDINGS INC. reported first quarter 2023 results: revenue $2.14 billion, net income $233 million, EPS $0.06. Guidance raised.","evidence_excerpt":"is incorporated by reference in its entirety. --- EX-99.1 (EX-99.1) --- SiriusXM Reports First Quarter 2023 Operating and Financial Results • First Quarter 2023 Revenue of $2.14 Billion, Down 2% Year-Over-Year • Net Income of $233 Million, Down from $309 Million in 2022; Diluted EPS of $0.06 • Adjusted EBITDA of $625 Million and Free Cash Flow of $144 Million •","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/908937/000090893723000013/0000908937-23-000013-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter 2023"},{"label":"Revenue","value":"$2.14 billion"},{"label":"Net income","value":"$233 million"},{"label":"EPS","value":"$0.06"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}