SiriusXM Q2 revenue falls 2% to $2.14 billion; net income drops to $205 million
SiriusXM reported second-quarter 2025 results on July 31, 2025. Revenue fell 2% to $2.14 billion, and net income dropped to $205 million from $354 million a year earlier. The company reaffirmed its full-year 2025 revenue, adjusted EBITDA and free cash flow guidance, so shareholders see lower profit and revenue this quarter but no change to the outlook.
Key points
- Revenue of $2.14 billion, down 2% from $2.18 billion in the second quarter of 2024
- Net income of $205 million versus $354 million; diluted EPS of $0.57 versus $0.74
- Adjusted EBITDA of $668 million versus $702 million; free cash flow of $402 million versus $317 million
- Full-year 2025 guidance reaffirmed: revenue of about $8.5 billion, adjusted EBITDA of about $2.6 billion, free cash flow of about $1.15 billion
The filing
Written by AI on Nov 8, 2026, 12:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 31, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.