Net income of $352 million in the fourth quarter was down 4 percent from $365 million, while the full-year $1.26 billion was up 4 percent from $1.21 billion in 2022. ![]() Both figures were hardly changed from the year-ago period. SiriusXM’s total revenue for the fourth quarter amounted to $2.29 billion, while for the full year 2023 it hit $8.95 billion. SiriusXM also recorded quarterly advertising revenue in its Pandora and Off-Platform unit of $479 million, down minimally from $480 million in the year-ago period. The company ended 2023 with just above 6.0 million total self-pay customers at Pandora. Over the past year, the firm lost 207,000 users. ![]() Earlier in the year, the firm, led by CEO Jennifer Witz, had said that it expected a “modest” user drop for the full year 2023 amid economic and car industry challenges.Īt its Pandora streaming business, SiriusXM lost 109,000 subscribers in the fourth quarter, compared with a year-ago loss of 52,000. As of the end of 2023, Sirius’ self-pay subscriber base stood at more than 31.9 million, with its total users standing at nearly 33.9 million. SiriusXM Beats Breach of Contract Lawsuit From James Van Der Beek Over Podcast Dealįor all of 2023, SiriusXM lost 430,000 customers, driven by a drop of 445,000 among self-pay subscribers, while paid promotional users grew by 15,000.
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