Sirius XM Holdings Inc. (SIRI) experienced a significant pre-market surge of 5.16% on Thursday, following the release of its fourth quarter and full-year 2025 financial results.
The company reported Q4 2025 revenue of $2.19 billion, surpassing the Ibes estimate of $2.172 billion. For the full year, SiriusXM achieved revenue of $8.56 billion and a notable net income of $805 million, marking a substantial turnaround. Key growth drivers included a 41% increase in podcasting revenue during the fourth quarter and the achievement of $250 million in incremental cost savings, exceeding its target.
Positive business developments, including the launch of new subscription plans, an improved monthly churn rate of 1.5%, and a three-year contract extension with Howard Stern, contributed to investor optimism. Furthermore, the company provided encouraging guidance, targeting $1.35 billion in free cash flow for 2026 and aiming for $1.5 billion in 2027.
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