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[BUSINESS] · United States · 8 sources

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SiriusXM Posts Q2 2026 Subscriber Gains, Record‑Low Churn and Raises Full‑Year Guidance

SiriusXM Holdings reported that its second‑quarter 2026 net‑pay subscriber base grew by 22,000, marking the first net‑pay increase in four years and delivering a record‑low monthly churn of about 1.4%, the lowest in company history. Consolidated revenue reached $2.16 billion, up 1% year‑over‑year, while net income rose 17% to $239 million. Free cash flow jumped 48% to $593 million.

Advertising revenue increased 5% to $454 million, with the Pandora and Off‑Platform segment contributing $413 million, driven by strong demand for sports programming such as the FIFA World Cup 2026 and popular music channels featuring Morgan Wallen and Green Day. The company raised its full‑year 2026 guidance to roughly $8.525 billion in revenue, $2.62 billion in adjusted EBITDA and $1.375 billion in free cash flow.

In the same filing, SiriusXM announced the departure of Chief Operating Officer Wayne Thorsen. CEO Jennifer Witz highlighted the strategy shift toward lower‑cost companion plans and premium content as the driver of the improved subscriber metrics and financial performance.

Entities

FIFA World Cup 2026 · FIFA World Cup 2026 · Jennifer Witz · Morgan Wallen · Pandora · SiriusXM · SiriusXM Holdings Inc. · Thorsen · Wayne Thorsen · YouTube

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