Sirius XM Reports Mixed Q2 Results and Raises FY26 Outlook
Sirius XM Holdings Inc. reported mixed second-quarter results for fiscal year 2026, with GAAP earnings per share (EPS) of $0.70 falling short of expectations by $0.08. However, the company exceeded revenue forecasts with total sales reaching $2.16 billion, a modest increase of 0.9% compared to the same period in 2025. The firm also highlighted strong free cash flow performance for Q2 FY26 at $593 million, representing a significant year-over-year growth of 48%. This improvement was attributed to better cost management and higher operational efficiency. Based on these results, Sirius XM raised its full-year fiscal 2026 outlook. The mixed earnings report reflects the company's ongoing efforts to stabilize revenue while improving profitability metrics.
Tickers: $SIRI
Topics: Earnings Free Cash Flow Revenue Beat