Sirius XM Q1 2026 net income rises 20% to $245 million; 2026 guidance reaffirmed
Sirius XM Holdings reported first-quarter 2026 revenue of $2.09 billion, up 1% year over year, with net income up 20% to $245 million and diluted earnings per share up 22% to $0.72. The company reaffirmed its full-year 2026 guidance for revenue, adjusted EBITDA and free cash flow. The filing also says a reconciliation for subsidiary Sirius XM Radio LLC will be posted on the company's website to meet bond indenture reporting obligations.
Key points
- Revenue of $2.09 billion, up 1%; net income of $245 million, up 20%; diluted EPS of $0.72 versus $0.59
- Adjusted EBITDA of $666 million, up 6%; free cash flow of $171 million versus $56 million a year earlier
- 2026 guidance reaffirmed: revenue of about $8.5 billion, adjusted EBITDA of about $2.6 billion, free cash flow of about $1.35 billion
- Self-pay subscriber net losses of 111,000 in the quarter, compared with 303,000 in the prior-year quarter
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 April 30, 2026.
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.