Sirius XM Holdings — Third Quarter 2026 Earnings Summary

Sirius XM Holdings reported third-quarter 2026 consolidated revenue of $2.15 billion, a slight year-over-year decrease driven by lower equipment revenue due to higher memory costs. Net income rose 7% to $317 million, while Adjusted EBITDA increased 3% to $694 million and free cash flow advanced 14% to $293 million. The company raised its full-year 2026 guidance for revenue, Adjusted EBITDA, and free cash flow by $25 million each, citing improved profitability and disciplined cost management. Additionally, self-pay net additions improved by 45,000 compared to the prior year, supported by a reduction in self-pay churn to 1.5%.