SIRIUS XM Holds 32.8M Subscribers

By Tamara Parker • Thursday, October 30 12:11 • Permanent Link

SIRIUS XM HOLDINGS INC. has recently released its 10-Q report, providing a detailed look at the company's financial performance and operations. The company operates as an audio entertainment company in North America through two segments: Sirius XM and Pandora and Off-platform.

The Sirius XM segment offers a wide range of content, including music, sports, entertainment, comedy, talk, news channels, and podcasts on a subscription fee basis. It distributes satellite radios through automakers and retailers, and offers advertising and other ancillary services. As of September 30, 2025, the SiriusXM business had approximately 32.8 million subscribers.

The Pandora and Off-platform segment operates a music, comedy, and podcast streaming platform, providing a personalized experience for listeners through mobile devices, car speakers, and connected devices. Pandora offers ad-supported radio, radio subscription, and on-demand subscription services.

The 10-Q report further discusses the management's discussion and analysis of financial condition and results of operations. It includes information on risks relating to the company's business and operations, SiriusXM business, Pandora and Off-platform business, laws and governmental regulations, data and cybersecurity, intellectual property rights, capital structure, transactions, and other operational risks.

The report also highlights the completion of a series of transactions that resulted in the formation of Sirius XM Holdings Inc. from a series of transactions that closed on Monday, September 9, 2024. This included the split-off of its former wholly owned subsidiary, Liberty Sirius XM Holdings Inc., and a subsequent merger.

The report provides an executive summary of the Liberty Media Transactions and details the operations of the SiriusXM and Pandora and Off-platform businesses, including subscriber numbers and revenue streams.

Following these announcements, the company's shares moved -1.59%, and are now trading at a price of $21.06. For the full picture, make sure to review SIRIUS XM HOLDINGS INC.'s 10-Q report.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.