Sirius XM Raises 2026 Free Cash Flow Guidance to $1.4 Billion
Bitget2026/10/29 10:59- SiriusXM raised 2026 revenue, adjusted EBITDA and free cash flow guidance by $25 million each for the second consecutive quarter.
- Revenue is forecast at $8.55 billion, with adjusted EBITDA expected at $2.65 billion.
- Free cash flow guidance increased to $1.4 billion; the 2027 target remains approximately $1.5 billion.
- Third-quarter adjusted EBITDA rose 3% to $694 million, supported by structural cost savings.
- Quarterly free cash flow increased 14% to $293 million, benefiting from favorable working capital, lower interest expense and reduced capital expenditures.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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