At the end of 2024, the audio giant said it was focusing on in-car subscribers and cutting $200 million in costs.

The company's business may be more complex than Spotify's, but it's still simple and stable enough to work in any economy.

FY25 Outlook: Sirius XM expects revenue of $8.500 billion versus the consensus of $8.594 billion. It also projected an adjusted EBITDA of $2.60 billion and expects a free cash flow of $1.15 billion.

Declines in subscriber and advertising revenue in 2024 reinforce the company's pivot away from streaming and towards a focus on core in-car listeners. By Elizabeth Dilts Marshall SiriusXM reported ...

Discover the latest financial results of SiriusXM. Despite subscriber numbers falling, the company remains focused on in-car ...

Watch the Big Game your way with our comprehensive list of ways to watch Super Bowl LIX from your iPhone, iPad, Apple TV, Mac ...

Audio company Sirius XM exceeded fourth-quarter revenue estimates on Thursday, driven by steady demand for its live sports shows, which became popular over the 2024-2025 NBA season and the inaugural ...

US pay-radio broadcaster, SiriusXM, added approximately 149,000 self-pay subscribers in Q4 2024, up 18,000 compared to the ...

But there are plenty of differences, too. The car-based nature of SiriusXM's business gives the company a robust selling platform, but also limits its growth prospects somewhat. Spotify has about ...

That's a more complicated business model. Most of SiriusXM's premium subscribers come from the automotive industry, where most car radios can handle satellite signals and they ship with a free ...