{"schema_version":"secwatch.filing_event.v1","accession":"0000908937-26-000010","form_type":"8-K","ticker":"SIRI","cik":"0000908937","company_name":"SIRIUS XM HOLDINGS INC.","filed_at":"2026-04-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:33.917223+00:00","generated_at":"2026-05-15T01:27:22.850952+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Sirius XM Q1 revenue $2.09B (+1% YoY); net income $245M (+20%); FCF triples to $171M","bullets":["Net income $245M ($0.72 diluted EPS) vs $0.59 prior year; Adjusted EBITDA $666M (+6%); margin expanded 140bps to 32%.","Self-pay net additions improved by 192K YoY to (111K); churn hit record low 1.5% in Q1.","SiriusXM segment revenue $1.59B (+1%); Pandora & Off-Platform revenue $501M (+3%), podcast revenue up 37% YoY.","Free cash flow $171M, more than triple YoY from $56M; net debt/Adj EBITDA ratio 3.6x, targeting low-to-mid 3x by Q4.","Reaffirmed FY2026 guidance: revenue ~$8.5B, Adj EBITDA ~$2.6B, FCF ~$1.35B; YouTube partnership for audio ad rep."],"urls":{"canonical":"https://secwatch.observer/filing/0000908937-26-000010","json":"https://secwatch.observer/filing/0000908937-26-000010.json","markdown":"https://secwatch.observer/filing/0000908937-26-000010.md","text":"https://secwatch.observer/filing/0000908937-26-000010.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/908937/000090893726000010/0000908937-26-000010-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/908937/000090893726000010/siri-20260430.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T01:27:22.850952+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":"a035be976e9e1b9150a119888827b5d338593973","claim":"SIRIUS XM HOLDINGS INC. reported first quarter 2026 results: revenue $2.09 billion, net income $245 million, EPS $0.72. Guidance reaffirmed.","evidence_excerpt":"Sirius XM Holdings announced first quarter 2026 operating and financial results today, reporting revenue of $2.09 billion, up 1% compared to the first quarter of 2025. Net income rose 20% year-over-year to $245 million, while earnings per diluted common share increased 22% to $0.72, from $0.59 in the prior year period.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/908937/000090893726000010/0000908937-26-000010-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter 2026"},{"label":"Revenue","value":"$2.09 billion"},{"label":"Net income","value":"$245 million"},{"label":"EPS","value":"$0.72"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}