Sirius XM reported fourth quarter 2025 revenue of $2.19 billion, flat year-over-year, while full-year revenue declined 2% to $8.56 billion. Diluted EPS was $0.24 for the quarter and $2.23 for the full year. The company ended the year with approximately 33 million total SiriusXM subscribers, reflecting a net loss of 301 thousand self-pay subscribers for the year.
Key Highlights
- Full-year 2025 free cash flow increased 24% year-over-year to $1.26 billion, driven by lower costs and capital expenditures.
- SiriusXM self-pay subscribers decreased by 301 thousand for the full year, though self-pay monthly churn improved slightly to 1.5% from 1.6% in the prior year.
- The company issued 2026 guidance for revenue of approximately $8.5 billion and free cash flow of approximately $1.35 billion, suggesting business stabilization and continued cash generation.