Key Facts
SiriusXM (NASDAQ: SIRI) reported a decline of 330,000 self-pay subscribers, totaling 33 million as of the first quarter, with a revenue decrease of 4% to $2.07 billion. In contrast, Spotify (NYSE: SPOT) experienced revenue growth of 15% to €4.19 billion and increased its total monthly active users to 678 million, with 268 million being premium subscribers.
SiriusXM has a healthy profit margin, achieving an adjusted EBITDA margin of 30%, while its net income decreased from $241 million to $204 million. Spotify’s net income rose from €197 million to €225 million.
SiriusXM offers a dividend yield of 4.7%, trading at a forward P/E of 8, while Spotify has a much higher forward P/E of 80 and does not pay a dividend.
