Sirius XM Holding Inc. announced its second-quarter 2025 financial results, revealing a 2% year-over-year decline in revenue to $2.14 billion. Despite the revenue dip, the company reported a significant 27% increase in free cash flow, which reached $242 million. The earnings call highlighted strategic cost-saving measures, including a reduction in the workforce, and the launch of an ad-supported subscription plan and new content partnerships as key drivers of this performance. Podcast advertising revenue saw a nearly 50% increase. The company's stock experienced a modest increase of 1.63% to close at $21.45 following the announcement. SiriusXM reiterated its full-year 2025 guidance, forecasting total revenue of approximately $8.5 billion and free cash flow of $1.15 billion.