Highest-materiality recent filing
Sirius XM Q1 revenue $2.09B (+1% YoY); net income $245M (+20%); FCF triples to $171M
Net income $245M ($0.72 diluted EPS) vs $0.59 prior year; Adjusted EBITDA $666M (+6%); margin expanded 140bps to 32%.
Sirius XM issues $1.25B 5.875% notes due 2032; tenders $499M of 3.125% notes due 2026
Issued $1.25B of 5.875% Senior Notes due 2032; interest payable semi-annually, maturity April 15, 2032.
Sirius XM subsidiary prices upsized $1.25B 5.875% senior notes due 2032
Sirius XM Radio LLC priced $1.25B of 5.875% senior notes due 2032, upsized by $250M.
SiriusXM beats 2025 guidance with FCF growth; stable 2026 outlook
FY 2025 revenue $8.56B (-2% YoY); net income $805M vs 2024 loss of $2,075M.
SiriusXM appoints Zac Coughlin as CFO effective Jan 1, 2026; Tom Barry steps down
Coughlin previously CFO at PVH Corp; joins effective Jan 1, 2026 with $1M base salary and $1M sign-on bonus.
SiriusXM Q3 net income $297M, raises full-year guidance by $25M on each metric
Net income of $297M ($0.84 EPS) vs $2.96B loss in Q3 2024 that included $3.36B goodwill impairment.
SiriusXM Q2 revenue down 2% to $2.14B; EPS $0.57 vs $0.74; FCF up 27% to $402M
Revenue $2.14B (-2% YoY); net income $205M ($0.57 diluted EPS) vs $354M ($0.74) a year ago.
SiriusXM Q1 revenue down 4% to $2.07B; net income $204M vs $241M year ago
Adjusted EBITDA of $629M, down 3% from $650M; free cash flow $56M vs $88M.
SiriusXM reports full-year 2024 net loss $2.08B on $3.36B impairment; reaffirms 2025 guidance
Full-year 2024 revenue $8.70B (-3% YoY); Q4 revenue $2.19B (-4% YoY).
SiriusXM appoints Wayne Thorsen COO; issues 2025 guidance with $8.5B revenue and $1.15B FCF
Wayne Thorsen named EVP & COO effective Dec 16; oversees product, tech, commercial, strategy; $1.15M salary, $700k sign-on, $4.5M in RSUs.
SiriusXM Q3 net loss $2.96B on $3.36B goodwill impairment; revenue down 4%
Net loss of $2.96B ($8.74 diluted EPS) driven by non-cash goodwill impairment of $3.36B from Liberty Media merger close.
Liberty Media split-off: each Liberty SiriusXM share exchanged for 0.8375 New Sirius share as of Sept 9, 2024.
Completed Split-Off and Merger; New Sirius renamed Sirius XM Holdings Inc., Old Sirius renamed Sirius XM Inc.
Liberty Media and Sirius XM announce final exchange ratio for split-off merger; closing Sept 9
Final exchange ratio: 0.8375 New Sirius shares per Liberty SiriusXM share; Sirius XM holders get 0.1 New Sirius per share.
Liberty Media stockholders approve SiriusXM redemptive split-off; merger closes Sept 9
Series A/B Liberty SiriusXM stockholders approved redemption; split-off effective 4:05 PM ET Sept 9, 2024.
SiriusXM Q2 revenue $2.18B (-3% YoY), net income $316M, EPS $0.08 flat; reiterates FY guidance
Revenue $2.18B, down 3% YoY; net income $316M vs $310M; diluted EPS $0.08 flat.
SiriusXM amends merger exchange ratio to 1-for-10; expects Q3 2024 closing
Existing SiriusXM shareholders receive 1 New Sirius share per 10 shares held; fractional shares cashed out.
SiriusXM Q1 revenue $2.16B (+1% YoY), EPS $0.07, Adj EBITDA $650M; reiterates 2024 outlook
Revenue $2.16B (+1% YoY); diluted EPS $0.07 vs $0.06 prior year.
On March 19, 2025, the Board of Directors (the "Board of Directors") of Sirius XM Holdings. Inc. (the "Company") unanimously appointed Anjali Sud to the Board of Directors, effective as of March 31, 2025.
On March 17, 2025, James E. Meyer resigned as a member of our Board of Directors.
On February 17, 2025, our subsidiary, Sirius XM Radio LLC, entered into an Employment Agreement (the “Employment Agreement”) with Richard N. Baer to serve as our new Executive Vice President, General Counsel and Secretary.
Patrick L. Donnelly, our Executive Vice President, General Counsel and Secretary, has informed us that he intends to retire in early 2025.
Jennifer C. Witz Age: 56 Chief Executive Officer of New Sirius
Eddy W. Hartenstein, Evan D. Malone, James E. Meyer, Jonelle Procope, Michael Rapino, Kristina Salen, Jennifer C. Witz and David M. Zaslav were appointed to the Board of New Sirius.
Eddy W. Hartenstein, Evan D. Malone, James E. Meyer, Jonelle Procope, Michael Rapino, Kristina Salen, Jennifer C. Witz and David M. Zaslav were appointed to the Board of New Sirius.
each of Gregory B. Maffei, Renee L. Wilm and Brian J. Wendling resigned as executive officers of New Sirius, effective as of immediately prior to the Merger Effective Time.
Scott A. Greenstein Age: 64 President and Chief Content Officer of New Sirius
each of Gregory B. Maffei, Renee L. Wilm and Brian J. Wendling resigned as executive officers of New Sirius, effective as of immediately prior to the Merger Effective Time.
Eddy W. Hartenstein, Evan D. Malone, James E. Meyer, Jonelle Procope, Michael Rapino, Kristina Salen, Jennifer C. Witz and David M. Zaslav were appointed to the Board of New Sirius.
Eddy W. Hartenstein, Evan D. Malone, James E. Meyer, Jonelle Procope, Michael Rapino, Kristina Salen, Jennifer C. Witz and David M. Zaslav were appointed to the Board of New Sirius.
Max materiality 0.90 · Median 0.62 · Most common event earnings