SiriusXM Q3 Revenue Slightly Down, Subscriber Base Holds at 33 Million
SiriusXM reported third‑quarter revenue of $2.153 billion and added 5,000 paid subscribers, keeping its total at 33 million.
Financial snapshot
SiriusXM posted third‑quarter revenue of $2.153 billion, a slight decline from $2.16 billion in the same period a year earlier. Net income rose to $317 million, up 7 percent from $297 million a year ago.
Adjusted EBITDA grew 3 percent to $694 million, driven by lower expenses and reduced programming costs.
Subscriber performance
The satellite radio provider added 5,000 paid subscribers in the quarter, keeping the total subscriber base steady at 33 million. Monthly churn was reported at 1.5 percent.
For comparison, the same quarter in 2025 saw 45,000 new subscribers and a churn rate of 1.6 percent.
Revenue breakdown
Subscriber revenue was essentially unchanged at $1.63 billion versus $1.629 billion a year earlier.
Advertising revenue reached $456 million, virtually the same as the $455 million recorded in the comparable 2025 period.
Content and engagement
SiriusXM announced a new multiyear agreement with Howard Stern, extended its deal with Andy Cohen, renewed its contract with Megyn Kelly, and welcomed Stephen A. Smith to the platform.
The company reported that average listening time rose 5 percent year‑over‑year, indicating deeper engagement with both new and existing content.
Outlook
SiriusXM continues to focus on stabilizing its subscriber base, expanding differentiated content, and enhancing its advertising platform as it moves forward.
