AI brief of an SEC Form 8-K · SiriusXM (SIRI)

Sirius XM raises 2026 guidance by $25 million as third-quarter net income rises 7%

Mixed Impact 4 of 5 earnings

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.

Key points

  • 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

The filing

CompanySiriusXM (SIRI)
Form8-K, current report
Filed with the SECOct 29, 2026, 7:54 AM ET
Accession number0000908937-26-000027

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 7, 2026, 11:17 PM ET, from this filing only.

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.