Sirius XM Holdings Inc.

SIRI Communication Services Entertainment

Sirius XM Holdings Inc.’s revenue for fiscal 2025 (year ended December 2025) was $8.6 billion, down 1.62% from fiscal 2024.

Revenue
−0.28%
EPS
+6.90%
Free cash flow
+14.1%
Total debt
−7.55%

Quarter to September 2026, against a year earlier

33.51 2.71 +8.80%
Market cap
$10.4B
P/E
11.6×
Fwd P/E
9.7×
Dividend yield
4.37%
F-score
7/9
Altman Z
1.24
Beneish M
−2.52
Dividend safety
57/100

Sirius XM Holdings Inc. (SIRI) Gross margin

Alert me on Gross margin

Sirius XM Holdings Inc.'s gross margin over the twelve months to 30 September 2026 was 52.3%, up 0.4 percentage points from fiscal 2025 (51.9%). Over the past ten years it has ranged from 51.9% (fiscal 2025) to 61.3% (fiscal 2017) — the current reading is the lowest in ten years. That is above the Entertainment industry median of 45.1% and in line with the Communication Services sector median of 53.5%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 51.9% (0.65)
FY2024 52.5% (0.46)
FY2023 53.0% (1.14)
FY2022 54.1% (0.24)
FY2021 54.4% (1.12)
FY2020 55.5% (0.54)
FY2019 56.0% (3.96)
FY2018 60.0% (1.28)
FY2017 61.3% 1.00
FY2016 60.3% 0.60

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 52.3% (0.11)
Jun 2026 52.4% 0.33
Mar 2026 52.1% (0.45)
Dec 2025 52.5% 0.79
43 more quarters

Against its own ten years

Low 51.9% High 61.3%
Ten-year median 55.5%
Current reading's percentile 14

Gross margin against peers

Company Gross margin
NWS News Corporation compare 56.9%
NWSA News Corporation compare 56.9%
VSNT Versant Media Group, Inc. compare 56.8%
SIRI Sirius XM Holdings Inc. 52.3%
WMG Warner Music Group Corp. compare 45.8%
CNK Cinemark Holdings Inc compare 39.5%
MSGK MSG Knickerbockers Corp. compare 27.7%
LLYVK Liberty Live Holdings, Inc. compare —
LLYVA Liberty Live Holdings, Inc. compare —
Entertainment industry median 45.1%
Communication Services sector median 53.5%
Market median 46.4%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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