Oct 29, 7:54 AM ET
Sirius XM reported third-quarter 2026 revenue of $2.15 billion, down slightly from the prior year, while net income rose 7% to $317 million and diluted earnings per share fell 7% to $0.78. The company raised its full-year 2026 guidance for revenue, adjusted EBITDA and free cash flow by $25 million each, its second consecutive increase, and said it plans to meaningfully accelerate share repurchases in 2027.
- Third-quarter revenue of $2.15 billion, compared with $2.16 billion a year earlier; diluted EPS $0.78 versus $0.84
- Net income up 7% to $317 million; adjusted EBITDA up 3% to $694 million; free cash flow up 14% to $293 million
- Updated 2026 guidance: total revenue about $8.55 billion, adjusted EBITDA about $2.65 billion, free cash flow about $1.40 billion
- Company returned $91 million in dividends and $33 million in share repurchases during the quarter
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Jul 30, 7:57 AM ET
Sirius XM reported second-quarter 2026 revenue of $2.16 billion, up 1% year over year, and net income of $239 million, up 17%. Diluted earnings per share were $0.70, compared with $0.57 a year earlier. The company raised its 2026 full-year guidance for revenue, adjusted EBITDA and free cash flow by $25 million each, to approximately $8.525 billion, $2.625 billion and $1.375 billion.
- Q2 2026 revenue was $2.16 billion, up 1% from $2.138 billion; net income was $239 million versus $205 million
- Diluted EPS was $0.70 versus $0.57; other expense, net was $48 million versus other income of $15 million a year earlier
- 2026 guidance raised by $25 million each for revenue (about $8.525 billion), adjusted EBITDA (about $2.625 billion) and free cash flow (about $1.375 billion)
- SiriusXM self-pay net additions were 22,000 in Q2, compared with a loss of 68,000 a year earlier; self-pay churn was 1.4%
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Jul 30, 7:00 AM ET
Sirius XM said Executive Vice President and Chief Operating Officer Wayne D. Thorsen will cease serving as an employee effective July 31, 2026, and the company does not intend to appoint a successor COO at this time. Under a separation agreement, Thorsen will receive a $1,050,000 lump sum prorated bonus payment and his unvested equity awards will be forfeited.
- Departure effective July 31, 2026; company does not plan to name a successor COO at this time
- Separation agreement dated July 29, 2026 provides a $1,050,000 lump sum payment, prorated for 2026 annual bonus
- Payment due within 60 days of separation date, subject to a general release of claims
- All unvested equity awards outstanding as of July 31, 2026 will be forfeited without consideration
Read the filing on SEC.gov ↗
Jun 1, 4:28 PM ET
At its May 28, 2026 annual meeting, Sirius XM stockholders approved Amendment No. 1 to the 2024 Long-Term Stock Incentive Plan, which adds 7,200,000 shares for a total of 22,565,993 shares available for awards. Stockholders also elected six directors, approved the advisory vote on executive compensation, and ratified KPMG LLP as the independent accountant for 2026.
- Amendment No. 1 adds 7,200,000 shares to the 2024 Plan, bringing the total to 22,565,993 shares; 224,632,532 votes were cast for and 8,579,820 against.
- Six directors were elected, including Eddy W. Hartenstein, Evan D. Malone and Anjali Sud; Jonelle Procope received 210,894,725 votes for and 23,500,101 withheld.
- Non-binding say-on-pay vote approved named executive officer compensation with 228,280,853 votes for and 4,764,836 against.
- KPMG LLP was ratified as independent registered public accountants for 2026 with 281,049,339 votes for and 2,379,515 against.
Read the filing on SEC.gov ↗
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