---
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"
generated_at: "2026-05-15T01:27:22.850952+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Sirius XM Q1 revenue $2.09B (+1% YoY); net income $245M (+20%); FCF triples to $171M

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000908937-26-000010
- JSON: https://secwatch.observer/filing/0000908937-26-000010.json
- Plain text: https://secwatch.observer/filing/0000908937-26-000010.txt

## Key facts
- Earnings Releases
  SIRIUS XM HOLDINGS INC. reported first quarter 2026 results: revenue $2.09 billion, net income $245 million, EPS $0.72. Guidance reaffirmed.
  - Period: first quarter 2026
  - Revenue: $2.09 billion
  - Net income: $245 million
  - EPS: $0.72
  - Guidance: reaffirmed
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/908937/000090893726000010/0000908937-26-000010-index.htm

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