SIRIUS XM HOLDINGS INC.SIRIEarnings & Financial Report
XM Satellite Radio Holdings Inc. (XM) was one of the three satellite radio (SDARS) and online radio services in the United States and Canada, operated by Sirius XM Holdings. It provided pay-for-service radio, analogous to subscription cable television. Its service included 73 different music channels, 39 news, sports, talk and entertainment channels, 21 regional traffic and weather channels, and 23 play-by-play sports channels. XM channels were identified by Arbitron with the label "XM".
SIRI Q1 FY2026 Key Financial Metrics
Revenue
$2.1B
Gross Profit
N/A
Operating Profit
$454.0M
Net Profit
$245.0M
Gross Margin
N/A
Operating Margin
21.7%
Net Margin
11.7%
YoY Growth
1.1%
EPS
$0.72
SIRIUS XM HOLDINGS INC. Q1 FY2026 Financial Summary
SIRIUS XM HOLDINGS INC. reported revenue of $2.1B (up 1.1% YoY) for Q1 FY2026, with a net profit of $245.0M (11.7% margin).
Key Financial Metrics
| Total Revenue | $2.1B |
|---|---|
| Net Profit | $245.0M |
| Gross Margin | N/A |
| Operating Margin | 21.7% |
| Report Period | Q1 FY2026 |
Revenue Breakdown
SIRIUS XM HOLDINGS INC. Q1 FY2026 revenue of $2.1B breaks down across 5 segments, led by Subscriber revenue at $1.5B (70.9% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Subscriber revenue | $1.5B | 70.9% |
| Other | $501.0M | 24.0% |
| Equipment revenue | $41.0M | 2.0% |
| Advertising revenue | $35.0M | 1.7% |
| Other revenue | $31.0M | 1.5% |
SIRIUS XM HOLDINGS INC. Annual Revenue by Year
SIRIUS XM HOLDINGS INC. annual revenue history includes year-by-year totals (for example, 2025 revenue was $8.6B).
SIRIUS XM HOLDINGS INC. Quarterly Revenue & Net Profit History
SIRIUS XM HOLDINGS INC. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $2.1B | +1.1% | $245.0M | 11.7% |
| Q4 FY2025 | $2.2B | +0.2% | $99.0M | 4.5% |
| Q3 FY2025 | $2.2B | -0.6% | $297.0M | 13.8% |
| Q2 FY2025 | $2.1B | -1.8% | $205.0M | 9.6% |
| Q1 FY2025 | $2.1B | -4.3% | $204.0M | 9.9% |
| Q4 FY2024 | $2.2B | -4.4% | $222.0M | 10.1% |
| Q3 FY2024 | $2.2B | -4.4% | $-2.5B | -113.1% |
| Q2 FY2024 | $2.2B | -3.2% | $304.0M | 14.0% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.18B | $2.17B | $2.19B | $2.07B | $2.14B | $2.16B | $2.19B | $2.09B |
| YoY Growth | -3.2% | -4.4% | -4.4% | -4.3% | -1.8% | -0.6% | 0.2% | 1.1% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $11.19B | $27.48B | $27.52B | $27.43B | $27.33B | $27.40B | $27.24B | $27.15B |
| Liabilities | $13.30B | $16.62B | $16.45B | $16.21B | $16.00B | $15.85B | $15.67B | $15.42B |
| Equity | $-2.11B | $10.86B | $11.07B | $11.21B | $11.33B | $11.56B | $11.56B | $11.73B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $514.0M | $240.0M | $679.0M | $242.0M | $546.0M | $430.0M | $680.0M | $271.0M |