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
Follow SIRI
Alert me
Sirius XM Holdings Inc. (SIRI) 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
Embed this chart
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 | Free account |
Against its own ten years
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
More on SIRI
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement