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 Q4 2025 Key Financial Metrics
Revenue
$2.2B
Gross Profit
$1.2B
Operating Profit
$226.0M
Net Profit
$99.0M
Gross Margin
53.1%
Operating Margin
10.3%
Net Margin
4.5%
YoY Growth
0.2%
EPS
$0.23
Financial Flow
SIRIUS XM HOLDINGS INC. Q4 2025 Financial Summary
SIRIUS XM HOLDINGS INC. reported revenue of $2.2B for Q4 2025, with a net profit of $99.0M (4.5% margin). Cost of goods sold was $1.0B, operating expenses totaled $938.0M.
Key Financial Metrics
| Total Revenue | $2.2B |
|---|---|
| Net Profit | $99.0M |
| Gross Margin | 53.1% |
| Operating Margin | 10.3% |
| Report Period | Q4 2025 |
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).
| Year | Annual Revenue |
|---|---|
| 2025 | $8.6B |
| 2024 | $8.7B |
| 2023 | $9.0B |
| 2022 | $9.0B |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.16B | $2.18B | $2.17B | $2.19B | $2.07B | $2.14B | $2.16B | $2.19B |
| YoY Growth | 0.8% | -3.2% | -4.4% | -4.4% | -4.3% | -1.8% | -0.6% | 0.2% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $11.17B | $11.19B | $27.48B | $27.52B | $27.43B | $27.33B | $27.40B | $27.24B |
| Liabilities | $13.54B | $13.30B | $16.62B | $16.45B | $16.21B | $16.00B | $15.85B | $15.67B |
| Equity | $-2.37B | $-2.11B | $10.86B | $11.07B | $11.21B | $11.33B | $11.56B | $11.56B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $308.0M | $514.0M | $240.0M | $679.0M | $242.0M | $546.0M | $430.0M | $680.0M |
