SiriusXM Beats Q2 Revenue, Raises 2026 Guidance on Subscriber Rebound
SIRI sits 46% above its 52-week low of $19.765.
Summary
SiriusXM delivered a slight Q2 revenue beat ($2.16B vs. $2.14B consensus) and raised full-year 2026 guidance across revenue, adjusted EBITDA, and free cash flow. EPS jumped 23% YoY to $0.70, net income rose 17% to $239M, and the company added 22,000 self-pay subscribers—the first positive Q2 in four years—supported by record-low churn of 1.4%. The raised outlook (revenue ~$8.525B, EBITDA ~$2.625B, FCF ~$1.375B) signals management confidence in sustained momentum. This follows the earlier subscriber-focused report and the COO departure announced today, adding financial depth to the turnaround narrative.
At the time of this announcement, SIRI was trading at $28.76 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $11B. The 52-week trading range was $19.77 to $32.66. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.