SiriusXM Holdings Inc. reported a 4% year-over-year decline in its first-quarter revenue, totaling $2.07 billion. The company's net income also fell to $204 million from $241 million in the first quarter of 2024. This financial downturn was accompanied by a loss of 303,000 self-pay subscribers, bringing the total number of subscribers to 33 million. The decrease in subscribers and revenue was driven by lower subscriber revenue, with the company's average revenue per user dropping by 3% to $14.86. Despite these challenges, SiriusXM's executives remain confident in their business model, asserting that macroeconomic volatility is not expected to significantly impact their subscriber base or financial performance.