Sirius XM Holdings Inc

SIRI: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	?@$	LOCK\|gXX	LOCK\|PxcnQW

Sirius XM Earnings: Good Results but Muted Outlook; Advertising Is the Only Path We See to Growth

Matthew Dolgin

Oct 29, 2026

Sirius XM’s third-quarter revenue was essentially flat year over year, but adjusted EBITDA was up 3%. Cost discipline lifted the margin by more than 1 percentage point to 32% for the third straight quarter. However, guidance implies weaker fourth-quarter sales and profitability.

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Sirius XM Holdings Inc

Sirius XM Earnings: Good Results but Muted Outlook; Advertising Is the Only Path We See to Growth

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