EL7.AI
StocksMedium•4 November 2026•
2 min read

Alleged Berkshire Hathaway purchase of Sirius XM shares remains unverified

Key Facts

1Sirius XM reported third-quarter 2026 revenue of $2.15 billion, down slightly year over year.
2Net income rose 7% to $317 million, while diluted earnings per share fell to $0.78 from $0.84.
3Free cash flow increased 14% to $293 million in the third quarter of 2026.
4Berkshire Hathaway held about 37.1% of Sirius XM, or 124,807,117 shares, according to an April 2026 disclosure.

The claim that Berkshire Hathaway bought additional shares in Sirius XM could not be verified through a reliable public source, so the transaction and its value cannot be confirmed. Sirius XM shares closed at $30.8 on November 3, 2026, according to EL7 data included in the information provided. No verified data on the session high or low are available here. There is also no verified information linking the share close to the purchase claim. Separately, Sirius XM reported third-quarter results in a statement issued on October 29.

Sirius XM reported third-quarter revenue of $2.15 billion, down slightly year over year, according to the company's filing with the U.S. Securities and Exchange Commission. Net income rose 7% to $317 million over the same period. Diluted earnings per share, however, fell to $0.78 from $0.84 in the third quarter of the previous year. The company said free cash flow increased 14% year over year to $293 million. It attributed the improvement to higher adjusted EBITDA, favorable working capital and lower interest expense and capital expenditures.

On operations, Sirius XM said average listening time rose about 5% year over year in the third quarter. The number of SiriusXM subscribers in the United States was 32.854 million as of September 30, 2026, up 46,000 from the same period a year earlier. By contrast, Pandora's monthly active users fell 7% to 38.812 million, and its subscribers declined 3% to 5.514 million. The company said it reaches about 255 million monthly listeners across its platforms. Following the results announcement on October 29, the stock rose 3.4% in morning trading, according to Investing.com.

The company raised its full-year 2026 outlook for the second consecutive time, estimating revenue of about $8.55 billion, adjusted EBITDA of about $2.65 billion and free cash flow of about $1.40 billion. Management said the efficiency of its operating model and lower satellite capital spending position the company to accelerate share repurchases in 2027. In a previous ownership disclosure in April 2026, Berkshire Hathaway held 124,807,117 shares, equal to 37.1% of common stock. That is a prior baseline and does not confirm any subsequent purchase. The alleged share transaction remains unconfirmed based on the information available here.

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