Sirius XM Holdings Inc

SIRI: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Sirius XM Earnings: Subscription Has Improved, but Off-Platform Wins Offer Hope of Durable Stability

Matthew Dolgin

Apr 30, 2026

Sirius XM's first-quarter sales grew 1% year over year, marking the best quarter on the top line since 2022. Much-improved levels of subscriber losses at SiriusXM and positive pricing trends led to the result. Off-platform ad revenue growth is accelerating and is becoming material to results.

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Sirius XM Holdings Inc

Sirius XM Earnings: Subscription Has Improved, but Off-Platform Wins Offer Hope of Durable Stability

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