Sirius XM Holdings reported second-quarter 2026 results featuring record low self-pay churn and raised its full-year guidance. Consolidated revenue increased 1% year-over-year to nearly $2.2 billion, while net income rose 17% to $239 million and diluted earnings per share grew 23% to $0.70. The company achieved its lowest self-pay churn rate in history at approximately 1.4% and returned to positive net subscriber additions with 22,000 self-pay net adds. Advertising revenue grew 5% to $454 million, driven by 30% growth in podcasting and strong sports demand. Free cash flow surged 48% to $593 million, and the company raised its full-year 2026 guidance by $25 million each for revenue, adjusted EBITDA, and free cash flow, now expecting approximately $8.525 billion in revenue, $2.625 billion in adjusted EBITDA, and $1.375 billion in free cash flow.
Sirius XM Holding IncSirius XM reported strong Q2 results with record low churn, raised full-year guidance, and significant free cash flow growth.