---
schema_version: "secwatch.filing_event.v1"
accession: "0000908937-24-000026"
form_type: "8-K"
ticker: "SIRI"
cik: "0000908937"
company_name: "SIRIUS XM HOLDINGS INC."
filed_at: "2024-10-31T23:59:59+00:00"
generated_at: "2026-05-30T07:53:14.493490+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# SiriusXM Q3 net loss $2.96B on $3.36B goodwill impairment; revenue down 4%

## Summary
- Net loss of $2.96B ($8.74 diluted EPS) driven by non-cash goodwill impairment of $3.36B from Liberty Media merger close.
- Revenue $2.17B (-4% YoY); full-year 2024 revenue guidance reduced to ~$8.675B from prior outlook.
- Adjusted EBITDA $693M (32% margin); free cash flow $93M, down 64% YoY, hit by $72M in transaction costs.
- SiriusXM added 14K self-pay subscribers; Pandora lost 76K self-pay subs; churn held at 1.6%.
- Reaffirmed full-year adjusted EBITDA (~$2.7B) and free cash flow (~$1B) guidance.

## SEC filing metadata
- accession: 0000908937-24-000026
- form_type: 8-K
- ticker: SIRI
- cik: 0000908937
- company_name: SIRIUS XM HOLDINGS INC.
- filed_at: 2024-10-31T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/908937/000090893724000026/0000908937-24-000026-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/908937/000090893724000026/siri-20241031.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000908937-24-000026
- JSON: https://secwatch.observer/filing/0000908937-24-000026.json
- Plain text: https://secwatch.observer/filing/0000908937-24-000026.txt

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