Sirius XM Holdings Inc (SIRI)
NASDAQ:SIRI
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Earnings Data
Report Date
Jul 30, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.78Last Year’s EPS
0.57Same Quarter Last Year
Based on 12 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented multiple encouraging operational and financial trends: revenue and adjusted EBITDA growth, strong margin expansion, meaningful bottom-line and free-cash-flow improvement, record-low churn, ARPU growth, podcast and programmatic momentum, and a transformative YouTube audio partnership that materially expands addressable reach. Noted challenges include negative self-pay net adds (albeit improved), softness in certain advertising pockets (SiriusXM news), Pandora subscription pressure, higher noncash depreciation related to satellite decommissioning, and a cautious full-year outlook given auto and macro headwinds. On balance, the results and strategic developments signal positive execution and improving financial leverage, while management remains appropriately cautious on near-term subscriber and macro risks.Company Guidance
Revenue Growth and Top-Line Stability
Consolidated revenue of $2.09 billion, up 1% year-over-year, driven by subscription strength and advertising momentum (advertising revenue up 3% to $407 million).
Profitability Expansion
Adjusted EBITDA grew 6% year-over-year to $666 million with margin expansion of 140 basis points to 31.9%.
Strong Bottom-Line and Cash Generation
Net income increased 20% to $245 million, diluted EPS up 22% to $0.72, and free cash flow more than tripled year-over-year to $171 million; company reaffirmed path to ~$1.35 billion FCF in 2026 and a path to ~$1.5 billion in 2027.
Subscription Health and ARPU Improvement
Subscription revenue ~$1.6 billion (up ~1% YoY) with ARPU increasing 1% to $14.99 and first-quarter self-pay churn improving to a record low 1.5% despite a February price increase.
Improved Subscriber Net Add Performance
Self-pay net additions were negative 111,000 in Q1, an improvement of 192,000 versus the prior year period; companion subscriptions contributed 124,000 incremental self-pay net additions in the quarter.
Advertising and Podcast Momentum
Advertising revenue grew 3% to $407 million; podcast ad revenue increased 37% YoY and programmatic demand more than doubled year-over-year (notably via Google TV 360). Pandora/off-platform advertising revenue rose 5% to $372 million.
Strategic YouTube Partnership
Announced exclusive U.S. advertising representation for YouTube audio inventory, expanding reach to 255 million monthly listeners (~90% of U.S. population 13+); expected launch this fall with material ramp into 2027.
Content and Engagement Strength
Record-high subscriber satisfaction across five core metrics; news/top consumption up 15% sequentially; specific content wins include new artist-led channels and sports programming with March Madness and College Football Championship listening hours up 22% and 37% YoY, respectively.
Cost Savings and Capital Structure Progress
Captured $45 million toward a $100 million 2026 cost savings target ($27 million operating expense run-rate savings and $18 million CAPEX savings); completed $1.25 billion refinancing, extending maturities and reducing near-term debt, with leverage at 3.6x and a target of low- to mid-3x by year-end.
SIRI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
SIRI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 30, 2026 | $26.76 | $26.94 | +0.67% |
Feb 05, 2026 | $20.47 | $22.31 | +9.02% |
Oct 30, 2025 | $20.54 | $22.61 | +10.11% |
Jul 31, 2025 | $22.08 | $20.33 | -7.90% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Sirius XM Holdings Inc (SIRI) report earnings?
Sirius XM Holdings Inc (SIRI) is schdueled to report earning on Jul 30, 2026, Before Open (Confirmed).
What is Sirius XM Holdings Inc (SIRI) earnings time?
Sirius XM Holdings Inc (SIRI) earnings time is at Jul 30, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SIRI EPS forecast?
SIRI EPS forecast for the fiscal quarter 2026 (Q2) is 0.78.
