---
schema_version: "secwatch.filing_event.v1"
accession: "0000908937-23-000025"
form_type: "8-K"
ticker: "SIRI"
cik: "0000908937"
company_name: "SIRIUS XM HOLDINGS INC."
filed_at: "2023-10-31T23:59:59+00:00"
generated_at: "2026-06-09T05:23:19.530909+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# SiriusXM Q3 net income up 47% to $363M; reaffirms FY2023 guidance; dividend raised 10%

## Summary
- Net income $363M ($0.09 diluted EPS) vs $247M YoY; adjusted EBITDA $747M up 4%.
- Revenue $2.27B flat YoY; SiriusXM subscribers flat at 34M; Pandora MAUs 46.5M down 5%.
- Free cash flow $291M vs $329M YoY; YTD capital returns to stockholders $555M.
- Reiterates FY2023 guidance: rev ~$9.0B, adj EBITDA ~$2.75B, FCF ~$1.15B.
- Dividend hiked 10% (7th straight double-digit increase); share repurchases suspended due to Liberty Media proposal.

## SEC filing metadata
- accession: 0000908937-23-000025
- form_type: 8-K
- ticker: SIRI
- cik: 0000908937
- company_name: SIRIUS XM HOLDINGS INC.
- filed_at: 2023-10-31T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/908937/000090893723000025/0000908937-23-000025-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/908937/000090893723000025/siri-20231031.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000908937-23-000025
- JSON: https://secwatch.observer/filing/0000908937-23-000025.json
- Plain text: https://secwatch.observer/filing/0000908937-23-000025.txt

## Key facts
- Earnings Releases
  SIRIUS XM HOLDINGS INC. reported the third quarter of 2023 results: revenue $2.27 billion, net income $363 million, EPS $0.09. Guidance reaffirmed.
  - Period: the third quarter of 2023
  - Revenue: $2.27 billion
  - Net income: $363 million
  - EPS: $0.09
  - Guidance: reaffirmed
  - Result: reported results
  source text: SiriusXM today announced third quarter 2023 operating and financial results, including revenue of $2.27 billion, which remained relatively flat compared to the same period in 2022. The company recorded net income of $363 million in the third quarter of 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/908937/000090893723000025/0000908937-23-000025-index.htm
- Earnings Releases
  SIRIUS XM HOLDINGS INC. reported the three and nine months ended September 30, 2023 results: revenue $2.27 Billion, net income $363 Million, EPS $0.09. Guidance reaffirmed.
  - Period: the three and nine months ended September 30, 2023
  - Revenue: $2.27 Billion
  - Net income: $363 Million
  - EPS: $0.09
  - Guidance: reaffirmed
  - Result: reported results
  source text: is incorporated by reference in its entirety. --- EX-99.1 (EX-99.1) --- SiriusXM Reports Third Quarter 2023 Operating and Financial Results • Third Quarter 2023 Revenue of $2.27 Billion • Net Income of $363 Million, Up 47% Year-Over-Year; Diluted EPS of $0.09 • Adjusted EBITDA of $747 Million, Up 4% Year-Over-Year • Free Cash Flow of $291 Million • Year-to-Date
  evidence_url: https://www.sec.gov/Archives/edgar/data/908937/000090893723000025/0000908937-23-000025-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.