SiriusXM Revenue Falls 2% Amid Subscriber, Ad Declines: ‘We Continue to See Challenges’

SiriusXM Revenue Falls 2% Amid Subscriber, Ad Declines: ‘We Continue to See Challenges’

SiriusXM released its earnings, which show that the company’s revenue slipped 2% due to lower subscription and advertising revenue.

SiriusXM revenue, subscriber count dips during Q2

A car entertainment system displays a channel broadcast on SiriusXM satellite radio. (Still frame courtesy SiriusXM, Graphic by The Desk) Key Points SiriusXM posted $2.14 billion in revenue for the quarter, down 2% on a year-over basis. SiriusXM’s core satellite and streaming radio business earned $1.6 billion in revenue, down 2% compared to Q2 2024. Net income fell to $205 million from $354 million. SiriusXM continued to struggle with churn in…

SiriusXM Reports Drop to 33 Million Paid Subscribers, Strength in Podcasting

SiriusXM reported 33 million paid subscribers in its second quarter, a slight decrease from the prior quarter, and strength in podcasting revenue.

SiriusXM revenues fall 2% in Q2

North American pay-radio operator SiriusXM has reported $2.14 billion (€1.8bn) in Q2 revenue; a 2 per cent decrease compared to the same period in 2024. Net income for the quarter was $205 million. Subscribers grew by 68,000 (net) and a year-on-year improvement of 32,000. Total subscribers are about 33 million. “Our renewed strategic focus continued […]

SiriusXM Leans on Podcasts as Subscriptions Still Slip in Q2

Days before terrestrial radio begins its earnings report season, SiriusXM reported a mixed second quarter on the satellite front, as the company relies on its star-studded podcasting arm to make up for losses on the ad and subscriber sides.

SiriusXM Q2: revenue down 2% YoY to $2.14B, net income down 42% to $205M, as subscriber revenue fell $21M, and 33M paid subscribers, down 68K from Q1

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