Increased Full Year 2025 Guidance
SiriusXM increased its full-year 2025 guidance by $25 million across revenue, EBITDA, and free cash flow, reflecting confidence in continued growth.
Significant Podcast Ad Revenue Growth
Podcast ad revenue grew by nearly 50% year-over-year, showcasing strong performance in this segment.
Strong Free Cash Flow Improvement
Free cash flow for the quarter was $257 million, up significantly from $93 million in the third quarter of 2024.
Successful Cost Savings Program
The cost savings program outperformed expectations, achieving a $200 million target in-year, with plans for ongoing optimization.
Ad Revenue Growth
Overall ad revenue grew by 1% year-over-year, with notable contributions from the podcasting segment.