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Sirius XM Reports Q1 2026 Revenue of $2.091 Billion and EPS of 63 Cents

Sirius XM Holdings Inc. released its first-quarter 2026 financial results, reporting sales of $2.091 billion that exceeded analyst expectations. Earnings per share came in at 63 cents, below estimates but up from the prior year. The company ended the quarter with 33 million total subscribers.

Benzinga
1 source·Apr 30, 11:59 AM(29 days ago)·1m read
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Sirius XM Reports Q1 2026 Revenue of $2.091 Billion and EPS of 63 CentsSubstrate placeholder — needs review
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Sirius XM Holdings Inc. 091 billion. 070 billion.

068 billion reported in the prior-year period. The company posted earnings of 63 cents per share for the quarter. This missed the analyst consensus estimate of 67 cents per share.

However, the earnings represented a year-over-year increase from the 59 cents per share earned in the same period last year. Sirius XM's net income for the first quarter rose 20% to $245 million. Adjusted earnings before interest, taxes, depreciation, and amortization grew 6% to $666 million.

Benzinga reported that the company ended the quarter with 33 million total subscribers. Sirius XM Holdings Inc. is listed on NASDAQ under the ticker SIRI. Results showed year-over-year growth in revenue, net income, and adjusted EBITDA, with EPS up from last year but below analyst estimates.

The subscriber base stood at 33 million at the end of the quarter.

Key Facts

Q1 2026 sales
Sirius XM reported quarterly sales of $2.091 billion, beating the analyst consensus estimate of $2.070 billion and up from $2.068 billion in the prior year.
Q1 2026 earnings
Earnings per share were 63 cents, missing the analyst estimate of 67 cents but up from 59 cents in the prior year.
Net income growth
Net income rose 20% to $245 million for Q1 2026.
Adjusted EBITDA
Adjusted EBITDA grew 6% to $666 million for Q1 2026.
Subscriber count
Sirius XM ended Q1 2026 with 33 million total subscribers.

Story Timeline

4 events
  1. 2026-04-30

    Sirius XM Holdings Inc. released its first-quarter 2026 operating and financial results.

    1 sourceBenzinga
  2. 2026-03-31

    Sirius XM ended Q1 2026 with 33 million total subscribers.

    1 sourceBenzinga
  3. 2026 Q1

    Sirius XM reported quarterly sales of $2.091 billion, earnings of 63 cents per share, net income of $245 million, and adjusted EBITDA of $666 million.

    1 sourceBenzinga
  4. 2025 Q1

    Sirius XM reported prior-year quarterly sales of $2.068 billion and earnings of 59 cents per share.

    1 sourceBenzinga

Potential Impact

  1. 01

    Sustained subscriber base may support future revenue stability.

  2. 02

    Increased net income could enhance financial flexibility for investments.

  3. 03

    Potential positive stock movement due to sales beat and year-over-year growth.

  4. 04

    Adjusted EBITDA growth may signal operational efficiency gains.

  5. 05

    Possible investor concern over earnings miss despite overall improvements.

Transparency

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