earnings
confidence high
sentiment positive
materiality 0.75
Sirius XM Q2 net income +17% to $239M; raises FY guidance by $25M
SIRIUS XM HOLDINGS INC.
- Revenue $2.16B (+1% YoY); net income $239M (+17%); diluted EPS $0.70 (+23%).
- Adjusted EBITDA $691M (+3%); margin 32% (+1pp); free cash flow $593M (+48%).
- Self-pay net additions of 22k (first positive Q2 in 4 years); record-low churn 1.4%.
- Raises full-year 2026 revenue, adjusted EBITDA, and free cash flow guidance each by $25M.
- Reduced debt and reached long-term leverage target; balanced capital allocation.