Sirius XM (SIRI) Q4 2025

Q1 2026 Q4 2025 Q3 2025 Q2 2025

Earnings

Sirius XM delivered a deeply split Q4 2025 report, beating revenue expectations while falling well short on the bottom line. The satellite radio giant posted revenue of $2.19 billion, edging past the $2.17 billion consensus by 1.11% and holding essen… Read more Sirius XM delivered a deeply split Q4 2025 report, beating revenue expectations while falling well short on the bottom line. The satellite radio giant posted revenue of $2.19 billion, edging past the $2.17 billion consensus by 1.11% and holding essentially flat against the year-ago period at a modest +0.2% growth rate, but earnings told a sharply different story. Diluted EPS of $0.24 missed the $0.77 consensus estimate by 69.02%, with the shortfall driven largely by $272 million in impairment, restructuring, and other charges during the quarter, compared to just $12 million a year earlier, which compressed net income to $99 million from $287 million in Q4 2024. On a brighter note, full-year free cash flow grew 24% to $1.26 billion, and management guided 2026 revenue to approximately $8.50 billion with adjusted EBITDA of roughly $2.60 billion, signaling continued stabilization even as at least one analyst firm downgraded the stock, citing concerns over self-pay subscriber losses and slower ARPU growth heading into the new year.