---
schema_version: "secwatch.filing_event.v1"
accession: "0000908937-24-000005"
form_type: "8-K"
ticker: "SIRI"
cik: "0000908937"
company_name: "SIRIUS XM HOLDINGS INC."
filed_at: "2024-02-01T23:59:59+00:00"
generated_at: "2026-06-06T12:30:53.122588+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# SiriusXM Q4/FY2023: Revenue flat; 2024 guidance targets $8.75B revenue

## Summary
- Q4 revenue $2.29B (flat YoY); net income $352M ($0.09 diluted EPS); adjusted EBITDA $715M (-4% YoY).
- Full-year 2023: revenue $8.95B (-1% YoY); net income $1.26B; adjusted EBITDA $2.79B (-2% YoY); free cash flow $1.20B (-22% YoY).
- SiriusXM self-pay subscribers down 445k in 2023 to 31.9M; total subscribers 34M (-1% YoY).
- 2024 guidance: revenue ~$8.75B, adjusted EBITDA ~$2.70B, free cash flow ~$1.20B, excluding Liberty Media transaction.
- Company targeting $200M additional cost savings in 2024; expects Liberty Media deal to close in Q3 2024.

## SEC filing metadata
- accession: 0000908937-24-000005
- form_type: 8-K
- ticker: SIRI
- cik: 0000908937
- company_name: SIRIUS XM HOLDINGS INC.
- filed_at: 2024-02-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/908937/000090893724000005/0000908937-24-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/908937/000090893724000005/siri-20240201.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000908937-24-000005
- JSON: https://secwatch.observer/filing/0000908937-24-000005.json
- Plain text: https://secwatch.observer/filing/0000908937-24-000005.txt

## Key facts
- Earnings Releases
  SIRIUS XM HOLDINGS INC. reported three months and year ended December 31, 2023 results: revenue $2.29 billion and $8.95 billion, net income $352 million and $1.26 billion, EPS $0.09 and $0.32. Guidance initiated.
  - Period: three months and year ended December 31, 2023
  - Revenue: $2.29 billion and $8.95 billion
  - Net income: $352 million and $1.26 billion
  - EPS: $0.09 and $0.32
  - Guidance: initiated
  - Result: reported results
  source text: SiriusXM today announced fourth quarter and full-year 2023 operating and financial results, including revenue of $2.29 billion and $8.95 billion, respectively, which remained relatively flat compared to the same periods in 2022. The company recorded net income of $352 million and $1.26 billion in the fourth quarter and full-year 2023, respectively, compared to $365 million and $1.21 billion in the prior year, respectively. Net income per diluted common share was $0.09 and $0.32 in the fourth quarter and full-year 2023, respectively.
  evidence_url: https://www.sec.gov/Archives/edgar/data/908937/000090893724000005/0000908937-24-000005-index.htm

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