But with modestly lower subscriber revenue than we originally forecast and a more cautious advertising outlook for the back half, we are tightening expense management across the organization.

Jul 28, 2022 / receipt, needs a key / Sean, CFO | earnings call 2022-07-28 | transcript 810637dd-c437-47ec-9e50-b187415c8b9e | chars 16212-16403 | segment 16

Travel, restaurants, gambling, and retail have all been strong ad categories for us, but in healthcare, automotive, telecoms, and beverages, we are seeing weakness.

Jul 28, 2022 / receipt, needs a key / Sean, CFO | earnings call 2022-07-28 | transcript 810637dd-c437-47ec-9e50-b187415c8b9e | chars 15305-15469 | segment 15

Bookings remained strong across the board during the second quarter, with the largest gain being in travel and tourism. Pent-up demand and an increase in consumer confidence have both contributed to the travel industry seeing one of the strongest surges on record in the second quarter. Restaurant and automotive categories increased spending, and we saw large growth in entertainment driven by the return of the movie business.

Jul 27, 2021 / receipt, needs a key / Sean Sullivan, CFO | earnings call 2021-07-27 | transcript d9267d49-b3c8-4410-99e7-de342d96c88b | chars 16309-16737 | segment 16

We saw gains from telcos and even retail, driven by grocery and big-box retailers. Telemedicine ad spending jumped, and pharma grew to reemphasize spending on core drug brands. As we look into the second quarter, we're seeing that broad strength continue. Plus, we're now starting to see real gains in travel and tourism spending after a year of those categories being dark.

Apr 28, 2021 / receipt, needs a key / Sean (CEO), CEO | earnings call 2021-04-28 | transcript 113d84f6-6eb3-47dd-8c81-567d2aa9f6f8 | chars 16063-16437 | segment 15

Focus on efficiency drove ~6% growth in Adjusted EBITDA to $666 million, with margins expanding 140 basis points.

ir_statement / Sep 17, 2026 / receipt

In 2026, the company is targeting an additional $100 million in gross cost savings, driven by ongoing optimization initiatives across customer service, general and administrative expenses as well as s

ir_statement / Sep 17, 2026 / receipt

ON TRACK TOWARD $100 MILLION IN INCREMENTAL GROSS COST SAVINGS IN 2026

ir_statement / Sep 17, 2026 / receipt

Total adjusted operating expenses declined 1% year-over-year, reflecting continued discipline in cost management and operational efficiency.

ir_statement / Sep 17, 2026 / receipt

disciplined expense management across customer service, product and technology and personnel-related costs.

ir_statement / Sep 17, 2026 / receipt

margins expanding 140 basis points to 31.9%.

ir_statement / Sep 17, 2026 / receipt

Mostly flat vs. 2025

ir_statement / Sep 17, 2026 / receipt

SiriusXM is targeting $1.5 billion in free cash flow in 2027, reflecting a continued focus on operational efficiency and cash flow conversion.

ir_statement / Sep 17, 2026 / receipt

Stable vs. 2025

ir_statement / Sep 17, 2026 / receipt

Focus on efficiency drove ~6% growth in Adjusted EBITDA to $666 million, with margins expanding 140 basis points.

ir_statement / Sep 17, 2026 / receipt

EXPANDING COST EFFICIENCY WHILE PRIORITIZING HIGH-IMPACT INVESTMENTS

ir_statement / Sep 17, 2026 / receipt

ON TRACK TOWARD $100 MILLION IN INCREMENTAL GROSS COST SAVINGS IN 2026

ir_statement / Sep 17, 2026 / receipt