Siriusxm declared 33 million subscribers paid in the second quarter of 2025, a decrease of approximately 68,000 compared to the previous quarter.
However, the audio giant highlighted this as an improvement after losing 100,000 subscribers paid during the same period last year, and noted its fifth quarter of improvement of subscribers, which it attributed to “significant improvements in the new acquisition programs”, as well as a low unsubscribe rate.
Siriusxm declared a turnover of $ 2.14 billion, a drop of 2% compared to the same period in 2024 and a net profit of $ 205 million against $ 354 million a year ago. The drop in income was due to a reduction of $ 21 million in subscribers’ income, according to the company.
The profit per share came to 57 cents, lower than analysts’ expectations and compared to 74 cents in the second quarter of 2024.
The company highlights the performance of podcasts, which saw income up to 50% compared to the same period last year. Siriusxm said the performance was due to “extended video and social monetization”, in addition to new talent additions such as Trevor Noah, which signed a multi -year agreement to launch a new podcast. The company has also underlined live events such as the Smartless Live Tecing with John Mayer, in order to stimulate brand opportunities and fans’ commitment. The company’s advertising revenues for Pandora and the out-of-platform segment fell to $ 394 million, compared to $ 400 million in the second quarter of 2024, which, according to him, was due to “the lower advertising demand for the dissemination of music, partly compensated by the growth of Podcast revenues”.
The other recent signatures include Stephen A. Smith, who will host two programs for Siriusxm, including a new daily sports talk show and a weekly news show.
The company maintained its directives for the year in 2025, including approximately $ 8.5 billion in income, an adjusted Ebitda of around 2.6 billion dollars and an available cash flow of approximately $ 1.15 billion.
“Our renewed strategic orientation continued to deliver this quarter,” said Jennifer Witz, Managing Director. “We have made significant improvements from one year to the next, signed new fascinating content agreements, accelerated from the momentum in podcasting and unlocked significant profitability savings. We note a more in -depth commitment to our most loyal listeners, the early traction of the strong force through performance metrics and operational improvements. business.”
More to come.
