Sirius XM Q4 revenue slightly beats estimates

Sirius XM Holdings

05/02/2026 13:04

Overview

Audio entertainment firm's Q4 revenue slightly beat analyst expectations

Net income for Q4 decreased compared to prior year

Company highlighted strategic focus on subscriber engagement and audio advertising

Outlook

Sirius XM expects 2026 revenue of approximately $8.5 bln

Company projects 2026 adjusted EBITDA of approximately $2.6 bln

Sirius XM targets 2026 free cash flow of approximately $1.35 bln

Result Drivers

PROGRAMMING EXPANSION - Sirius XM expanded its programming with new channels and influential voices, enhancing subscriber engagement

PODCASTING GROWTH - Podcasting grew 41% in 2025, contributing to advertising revenue increase

COST SAVINGS - Achieved $250 mln in cost savings, contributing to strong free cash flow growth

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Slight Beat*
$2.19 bln
$2.17 bln (12 Analysts)
Q4 Net Income
$99 mln
Q4 Adjusted EBITDA
$691 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy", 6 "hold" and 6 "sell" or "strong sell"

The average consensus recommendation for the broadcasting peer group is "buy."

Wall Street's median 12-month price target for Sirius XM Holdings Inc is $21.50, about 3.7% above its February 4 closing price of $20.73

The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 7 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)