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SiriusXM Leans into Cost Efficiencies as Subscriber Declines Continue in Q1

Summary by Subscription Insider
SiriusXM kicked off 2025 with revenue of $2.07 billion, down 4% year-over-year, and net income of $204 million, according to its Q1 2025 earnings release. The company reported free cash flow of $56 million, a 36% drop compared to Q1 2024, citing timing of payments, lower cash receipts, and higher capital expenditures. While the company saw another quarterly decline in subscribers—losing 303,000… Source
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Subscription Insider broke the news in on Monday, May 5, 2025.
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