Financials · SIRI

SiriusXM Holdings Inc. (SIRI) financials

For the twelve months ended Sep 30, 2026, SiriusXM Holdings Inc. reported $8.60B of revenue and $900.00M of net income.

Revenue, TTM
$8.60B
Revenue growth, YoY
+0.5%
Net income, TTM
$900.00M
Net income growth, YoY
-9.4%
Net margin
10.5%
Free cash flow, TTM
$1.58B
EPS, diluted, TTM
$2.43
Cash
$210.00M
Total debt
$8.07B
P/E
12.12
P/S
1.27
Market cap
$10.90B
Annual revenue$8.56B
FY2016FY2025
Annual net income$805.00M
FY2016FY2025
Annual free cash flow$1.25B
FY2016FY2025

SIRI revenue and earnings growth

SIRI revenueQ3 2026$2.15B

Quarter YoY
-0.3%
QoQ
-0.3%
FY YoY
-1.6%
5Y CAGR
+1.3%
10Y CAGR
+6.5%

SIRI revenue was $2.15B in fiscal Q3 2026 (ended Sep 30, 2026), down 0.3% from a year earlier and down 0.3% from the prior quarter. For the full fiscal 2025 it was $8.56B, down 1.6% from fiscal 2024. Compound annual growth was +1.3% over 5 years and +6.5% over 10 years. It rose in 7 of the last 10 fiscal years.

SIRI net incomeQ3 2026$317.00M

Quarter YoY
+6.7%
QoQ
+32.6%
5Y CAGR
+43.8%
10Y CAGR
+4.7%

SIRI net income was $317.00M in fiscal Q3 2026 (ended Sep 30, 2026), up 6.7% from a year earlier and up 32.6% from the prior quarter. For the full fiscal 2025 it was $805.00M, compared with -$1.67B in fiscal 2024. Compound annual growth was +43.8% over 5 years and +4.7% over 10 years.

SIRI EPSQ3 2026$0.78

Quarter YoY
-7.1%
QoQ
+11.4%

SIRI diluted EPS was $0.78 in fiscal Q3 2026 (ended Sep 30, 2026), down 7.1% from a year earlier and up 11.4% from the prior quarter. For the full fiscal 2025 it was $2.23, compared with -$6.14 in fiscal 2024.

SIRI free cash flowQ3 2026$291.00M

Quarter YoY
+14.1%
QoQ
-50.8%
FY YoY
+22.9%
5Y CAGR
-5.7%
10Y CAGR
+1.2%

SIRI free cash flow was $291.00M in fiscal Q3 2026 (ended Sep 30, 2026), up 14.1% from a year earlier and down 50.8% from the prior quarter. For the full fiscal 2025 it was $1.25B, up 22.9% from fiscal 2024. Compound annual growth was -5.7% over 5 years and +1.2% over 10 years. It rose in 5 of the last 10 fiscal years.

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Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue$8.56B$8.70B$8.95B$9.00B$8.70B$8.04B$7.79B$5.77B$5.42B$5.02B
Cost of revenue--------$35.45M$40.88M
Gross profit$4.49B$4.62B$4.79B$4.92B$4.77B$4.50B$4.41B-$5.39B$4.98B
Research and development$263.00M$296.00M$322.00M$285.00M$265.00M$263.00M$280.00M$123.00M$112.00M$82.15M
Selling, general and admin$549.00M$497.00M$608.00M$563.00M$514.00M$511.00M$524.00M$354.00M$335.00M$341.11M
Operating income$1.47B-$1.52B$1.81B$1.92B$2.02B$858.00M$1.65B$1.73B$1.64B$1.43B
Interest expense$459.00M$496.00M$534.00M$503.00M$415.00M$394.00M$390.00M$350.00M$346.00M$331.23M
Pre-tax income$1.06B-$1.86B$1.21B$1.49B$1.53B$430.00M$1.20B$1.42B$1.26B$1.09B
Income tax$251.00M$210.00M$222.00M$368.00M$212.00M$299.00M$283.00M$245.00M$616.00M$345.73M
Net income$805.00M-$1.67B$786.00M$908.00M$1.31B$131.00M$914.00M$1.18B$648.00M$745.93M
EPS, basic$2.38-$6.14$2.91$3.22$0.32$0.03$0.20$0.26$0.14$0.15
EPS, diluted$2.23-$6.14$2.77$2.96$0.32$0.03$0.20$0.26$0.14$0.15
Diluted shares357.0M338.0M362.0M368.0M4.14B4.43B4.62B4.56B4.72B4.96B

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Cash and equivalents$94.00M$170.00M$306.00M$370.00M$606.00M$71.00M$106.00M$54.00M$69.00M$214.00M
Receivables$671.00M$596.00M$616.00M$574.00M$626.00M$559.00M$532.00M$98.00M$90.84M$97.08M
Inventory-----$10.00M$11.00M$22.00M$20.20M$20.36M
Current assets$1.10B$1.15B$1.36B$1.04B$1.18B$967.00M$1.00B$478.00M$470.90M$642.65M
Goodwill$12.39B$12.39B$15.21B$15.21B$3.15B$3.12B$3.84B$2.29B$2.29B$2.21B
Total assets$27.24B$27.52B$30.06B$10.02B$10.27B$10.33B$11.15B$8.17B$8.33B$8.00B
Current liabilities$3.65B$2.73B$3.95B$2.98B$2.98B$3.17B$3.29B$2.80B$2.82B$2.67B
Long-term debt$8.65B$10.31B$10.07B$9.26B$8.83B$8.50B$7.84B$6.88B$6.74B$5.84B
Total debt$8.65B$10.31B$10.07B$9.26B$8.83B$8.50B$7.84B$6.88B$6.74B$5.84B
Total liabilities$15.67B$16.45B$16.95B$13.37B$12.90B$12.62B$11.88B$9.99B$9.85B$8.80B
Shareholders' equity$11.56B$11.07B$13.10B$12.37B$13.13B-$2.29B-$736.00M-$1.82B-$1.52B-$792.00M

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Operating cash flow$1.90B$1.74B$1.83B$1.98B$2.00B$2.02B$2.02B$1.88B$1.86B$1.72B
Capital expenditures$653.00M$728.00M$650.00M$426.00M$388.00M$350.00M$363.00M$355.00M$288.00M$205.83M
Free cash flow$1.25B$1.01B$1.18B$1.55B$1.61B$1.67B$1.65B$1.52B$1.57B$1.51B
Investing cash flow-$747.00M-$970.00M-$696.00M-$493.00M-$200.00M-$741.00M-$3.00M-$379.00M-$1.15B-$210.12M
Financing cash flow-$1.22B-$916.00M-$1.19B-$1.72B-$1.68B-$1.31B-$1.96B-$1.51B-$854.00M-$1.41B
Dividends paid----$268.00M$237.00M$226.00M$201.00M$190.00M$48.08M
Share repurchases$136.00M$6.00M$274.00M$647.00M$1.52B$1.55B$2.16B$1.31B$1.41B$1.67B
Stock-based compensation$179.00M$200.00M$203.00M$209.00M$202.00M$223.00M$250.00M$133.00M$124.00M$108.60M
Depreciation and amortization$422.00M$445.00M$425.00M$399.00M$379.00M$354.00M$327.00M$278.00M$261.00M$220.43M

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue growth, YoY-1.6%-2.8%-0.6%3.5%8.2%3.2%35.1%6.4%8.1%9.8%
Net income growth, YoY---13.4%-30.9%903.1%-85.7%-22.3%81.5%-13.1%46.3%
EPS growth, YoY---6.4%-966.7%-85.0%-23.1%85.7%-6.7%66.7%
Gross margin52.4%53.1%53.5%54.6%54.9%56.0%56.6%-99.3%99.2%
Operating margin17.2%-17.4%20.2%21.3%23.2%10.7%21.1%29.9%30.2%28.5%
Net margin9.4%-19.1%8.8%10.1%15.1%1.6%11.7%20.4%11.9%14.9%
Free cash flow margin14.5%11.6%13.2%17.3%18.5%20.7%21.2%26.4%28.9%30.2%
Return on equity7.0%-15.0%6.0%7.3%10.0%-----
Return on assets3.0%-6.0%2.6%9.1%12.8%1.3%8.2%14.4%7.8%9.3%
Current ratio0.300.420.340.350.400.310.300.170.170.24
Debt to equity0.750.930.770.750.67-----

Source: XBRL data SiriusXM Holdings Inc. files with the SEC, latest filing dated Oct 29, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

SIRI peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
SIRI$8.60B+0.5%$900.00M10.5%$10.90B
SPOT€17.19B+9.7%€2.21B12.9%$127.08B
SKYD$28.76B--$14.00M-0.0%$40.41B
FOXA$17.96B+9.0%$2.03B11.3%$28.11B
FWONK$4.48B+10.9%$558.00M12.5%$26.66B
FWONA$4.48B+10.9%$558.00M12.5%$25.32B
FOX$17.96B+9.0%$2.03B11.3%$25.10B
TMECN¥32.90B+15.8%CN¥11.06B33.6%$15.05B
NXST$6.81B+32.3%$373.00M5.5%$5.85B

SIRI FAQ

9 questions
  • What is SIRI revenue?
    SiriusXM Holdings Inc. (SIRI) reported $8.60B of revenue for the twelve months ended Sep 30, 2026. That is up 0.5% from the year before. Revenue for fiscal 2025 was $8.56B.
  • Is SIRI profitable?
    Yes. SiriusXM Holdings Inc. earned $900.00M in net income for the twelve months ended Sep 30, 2026, a net margin of 10.5%.
  • How much cash and debt does SIRI have?
    SiriusXM Holdings Inc. reported $210.00M in cash and cash equivalents and $8.07B of debt on its most recent balance sheet in SEC filings.
  • How fast is SIRI revenue growing?
    SiriusXM Holdings Inc.'s revenue changed -1.6% in fiscal 2025, to $8.56B. Its compound annual growth rate was +1.3% over 5 years and +6.5% over 10 years.
  • What is SIRI gross margin?
    SiriusXM Holdings Inc.'s gross profit was $4.55B on $8.60B of revenue for the twelve months ended Sep 30, 2026, a gross margin of 52.9%.
  • What is SIRI free cash flow?
    SiriusXM Holdings Inc. generated $1.58B of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $2.13B less capital expenditures.
  • What is SIRI earnings per share?
    Diluted earnings per share were $2.43 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did SIRI last report financial results?
    The latest statements here come from SiriusXM Holdings Inc.'s 10-Q filed on Oct 29, 2026, covering the period ended Sep 30, 2026.
  • Where does this SIRI financial data come from?
    Quantisnow builds these statements from the structured XBRL data SiriusXM Holdings Inc. files with the SEC. It is provided for information only and is not investment advice.