earnings
confidence high
sentiment negative
materiality 0.70
SiriusXM Q1 revenue down 4% to $2.07B; net income $204M vs $241M year ago
SIRIUS XM HOLDINGS INC.
2025-Q1 EPS reported
$0.59
revenue$2,068,000,000
- Adjusted EBITDA of $629M, down 3% from $650M; free cash flow $56M vs $88M.
- Self-pay churn improved to 1.6%; SiriusXM self-pay subs fell ~303K, 16% better YoY.
- Pandora ad revenue down 2% to $355M; total segment revenue $487M (-2% YoY).
- Full-year guidance reaffirmed: revenue ~$8.5B, EBITDA ~$2.6B, FCF ~$1.15B.
- Sales & marketing expenses down 19%; share buybacks resumed with $25M in Q1.