SiriusXM Posts Solid Q1 Amidst Rumors of iHeartMedia Merger

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SiriusXM iHeart Radio talks and Q1 2026 earnings

SiriusXM is reportedly in talks to buy iHeartMedia, according to a New York Times report late last  month.

The company reported earnings for its first quarter 2026 with no mention of the deal, however.

Revenue for the quarter rose 1 percent year over year but net income jumped 20 percent to $245 million.  Revenue reached $2.09 billion for the quarter.

Self-paid net subscriber additions fell by 111,000, while churn fell to 1.5 percent, the lowest in company history. 

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