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Compared to Estimates, Sirius XM (SIRI) Q2 Earnings: A Look at Key Metrics

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Sirius XM (SIRI - Free Report) reported $2.14 billion in revenue for the quarter ended June 2025, representing a year-over-year decline of 1.8%. EPS of $0.57 for the same period compares to $0.80 a year ago.

The reported revenue represents a surprise of +0.3% over the Zacks Consensus Estimate of $2.13 billion. With the consensus EPS estimate being $0.79, the EPS surprise was -27.85%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Sirius XM performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Subscribers - Net additions - Sirius XM - Self-pay subscribers: -68 versus the four-analyst average estimate of -186.
  • Subscribers - Pandora and Off-platform - Ending subscribers: 5,706 compared to the 5,638 average estimate based on three analysts.
  • Average self-pay monthly churn - Sirius XM: 1.5% versus the three-analyst average estimate of 1.6%.
  • Subscribers - Sirius XM - Self-pay subscribers: 31,275 versus the three-analyst average estimate of 31,158.
  • Revenue- Pandora and Off-platform- Subscriber revenue: $130 million versus $132.14 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -5.8% change.
  • Revenue- Pandora and Off-platform- Advertising revenue: $394 million versus $391.34 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -1.5% change.
  • Revenue- Sirius XM- Subscriber revenue: $1.5 billion versus $1.49 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -1.4% change.
  • Revenue- Subscriber revenue: $1.63 billion versus $1.62 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -1.8% change.
  • Revenue- Sirius XM- Total: $1.61 billion compared to the $1.6 billion average estimate based on three analysts. The reported number represents a change of -1.6% year over year.
  • Revenue- Sirius XM- Advertising revenue: $38 million versus the three-analyst average estimate of $41.13 million. The reported number represents a year-over-year change of -11.6%.
  • Revenue- Sirius XM- Equipment revenue: $46 million versus $45.74 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -2.1% change.
  • Revenue- Sirius XM- Other revenue: $31 million versus $30.38 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +3.3% change.

View all Key Company Metrics for Sirius XM here>>>

Shares of Sirius XM have returned -4.3% over the past month versus the Zacks S&P 500 composite's +2.7% change. The stock currently has a Zacks Rank #5 (Strong Sell), indicating that it could underperform the broader market in the near term.

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