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Side-by-side financial comparison of Interpublic Group of Companies (The) (IPG) and SIRIUS XM HOLDINGS INC. (SIRI). Click either name above to swap in a different company.

SIRIUS XM HOLDINGS INC. is the larger business by last-quarter revenue ($2.2B vs $2.1B, roughly 1.0× Interpublic Group of Companies (The)). Interpublic Group of Companies (The) runs the higher net margin — 5.8% vs 4.5%, a 1.3% gap on every dollar of revenue. On growth, SIRIUS XM HOLDINGS INC. posted the faster year-over-year revenue change (0.2% vs -4.8%). SIRIUS XM HOLDINGS INC. produced more free cash flow last quarter ($536.0M vs $153.6M). Over the past eight quarters, SIRIUS XM HOLDINGS INC.'s revenue compounded faster (0.7% CAGR vs -9.1%).

The Interpublic Group of Companies, Inc. (IPG) was an American advertising company based in New York City. It consisted of the five major networks FCB, IPG Mediabrands, McCann Worldgroup, MullenLowe Group and Marketing Specialists, as well as several independent specialty agencies in the areas of public relations, sports marketing, talent representation and healthcare. Prior to the Omnicom acquisition, it was one of the "Big Four" agency companies, alongside WPP, Publicis, and Omnicom. The co...

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".

IPG vs SIRI — Head-to-Head

Bigger by revenue
SIRI
SIRI
1.0× larger
SIRI
$2.2B
$2.1B
IPG
Growing faster (revenue YoY)
SIRI
SIRI
+5.0% gap
SIRI
0.2%
-4.8%
IPG
Higher net margin
IPG
IPG
1.3% more per $
IPG
5.8%
4.5%
SIRI
More free cash flow
SIRI
SIRI
$382.4M more FCF
SIRI
$536.0M
$153.6M
IPG
Faster 2-yr revenue CAGR
SIRI
SIRI
Annualised
SIRI
0.7%
-9.1%
IPG

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
IPG
IPG
SIRI
SIRI
Revenue
$2.1B
$2.2B
Net Profit
$124.2M
$99.0M
Gross Margin
53.1%
Operating Margin
10.3%
10.3%
Net Margin
5.8%
4.5%
Revenue YoY
-4.8%
0.2%
Net Profit YoY
517.9%
-55.4%
EPS (diluted)
$0.34
$0.23

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
IPG
IPG
SIRI
SIRI
Q4 25
$2.2B
Q3 25
$2.1B
$2.2B
Q2 25
$2.2B
$2.1B
Q1 25
$2.0B
$2.1B
Q4 24
$2.4B
$2.2B
Q3 24
$2.2B
$2.2B
Q2 24
$2.3B
$2.2B
Q1 24
$2.2B
$2.2B
Net Profit
IPG
IPG
SIRI
SIRI
Q4 25
$99.0M
Q3 25
$124.2M
$297.0M
Q2 25
$162.5M
$205.0M
Q1 25
$-85.4M
$204.0M
Q4 24
$344.5M
$222.0M
Q3 24
$20.1M
$-2.5B
Q2 24
$214.5M
$304.0M
Q1 24
$110.4M
$265.0M
Gross Margin
IPG
IPG
SIRI
SIRI
Q4 25
53.1%
Q3 25
52.2%
Q2 25
52.4%
Q1 25
-3.2%
52.0%
Q4 24
10.1%
52.9%
Q3 24
2.9%
53.2%
Q2 24
1.2%
53.5%
Q1 24
-1.1%
52.5%
Operating Margin
IPG
IPG
SIRI
SIRI
Q4 25
10.3%
Q3 25
10.3%
22.8%
Q2 25
11.2%
17.1%
Q1 25
-2.1%
18.7%
Q4 24
23.3%
20.2%
Q3 24
5.9%
-133.6%
Q2 24
13.7%
23.2%
Q1 24
8.4%
20.2%
Net Margin
IPG
IPG
SIRI
SIRI
Q4 25
4.5%
Q3 25
5.8%
13.8%
Q2 25
7.5%
9.6%
Q1 25
-4.3%
9.9%
Q4 24
14.1%
10.1%
Q3 24
0.9%
-113.1%
Q2 24
9.2%
14.0%
Q1 24
5.1%
12.3%
EPS (diluted)
IPG
IPG
SIRI
SIRI
Q4 25
$0.23
Q3 25
$0.34
$0.84
Q2 25
$0.44
$0.57
Q1 25
$-0.23
$0.59
Q4 24
$0.92
$2.45
Q3 24
$0.05
$-8.74
Q2 24
$0.57
$0.08
Q1 24
$0.29
$0.07

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
IPG
IPG
SIRI
SIRI
Cash + ST InvestmentsLiquidity on hand
$1.5B
$94.0M
Total DebtLower is stronger
$8.6B
Stockholders' EquityBook value
$3.7B
$11.6B
Total Assets
$17.0B
$27.2B
Debt / EquityLower = less leverage
0.75×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IPG
IPG
SIRI
SIRI
Q4 25
$94.0M
Q3 25
$1.5B
$79.0M
Q2 25
$1.6B
$92.0M
Q1 25
$1.9B
$127.0M
Q4 24
$2.2B
$162.0M
Q3 24
$1.5B
$127.0M
Q2 24
$1.5B
$100.0M
Q1 24
$1.9B
$71.0M
Total Debt
IPG
IPG
SIRI
SIRI
Q4 25
$8.6B
Q3 25
$9.0B
Q2 25
$10.1B
Q1 25
$10.4B
Q4 24
$10.3B
Q3 24
$10.1B
Q2 24
$9.0B
Q1 24
$8.7B
Stockholders' Equity
IPG
IPG
SIRI
SIRI
Q4 25
$11.6B
Q3 25
$3.7B
$11.6B
Q2 25
$3.7B
$11.3B
Q1 25
$3.6B
$11.2B
Q4 24
$3.8B
$11.1B
Q3 24
$3.7B
$10.9B
Q2 24
$3.8B
$-2.1B
Q1 24
$3.8B
$-2.4B
Total Assets
IPG
IPG
SIRI
SIRI
Q4 25
$27.2B
Q3 25
$17.0B
$27.4B
Q2 25
$17.0B
$27.3B
Q1 25
$17.1B
$27.4B
Q4 24
$18.3B
$27.5B
Q3 24
$17.1B
$27.5B
Q2 24
$17.0B
$11.2B
Q1 24
$17.3B
$11.2B
Debt / Equity
IPG
IPG
SIRI
SIRI
Q4 25
0.75×
Q3 25
0.78×
Q2 25
0.89×
Q1 25
0.93×
Q4 24
0.93×
Q3 24
0.93×
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
IPG
IPG
SIRI
SIRI
Operating Cash FlowLast quarter
$180.1M
$680.0M
Free Cash FlowOCF − Capex
$153.6M
$536.0M
FCF MarginFCF / Revenue
7.2%
24.4%
Capex IntensityCapex / Revenue
1.2%
6.6%
Cash ConversionOCF / Net Profit
1.45×
6.87×
TTM Free Cash FlowTrailing 4 quarters
$806.8M
$1.2B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IPG
IPG
SIRI
SIRI
Q4 25
$680.0M
Q3 25
$180.1M
$430.0M
Q2 25
$-96.0M
$546.0M
Q1 25
$-37.0M
$242.0M
Q4 24
$868.1M
$679.0M
Q3 24
$223.8M
$240.0M
Q2 24
$120.7M
$514.0M
Q1 24
$-157.4M
$308.0M
Free Cash Flow
IPG
IPG
SIRI
SIRI
Q4 25
$536.0M
Q3 25
$153.6M
$255.0M
Q2 25
$-121.8M
$401.0M
Q1 25
$-58.5M
$53.0M
Q4 24
$833.5M
$514.0M
Q3 24
$186.5M
$24.0M
Q2 24
$85.9M
$341.0M
Q1 24
$-192.5M
$134.0M
FCF Margin
IPG
IPG
SIRI
SIRI
Q4 25
24.4%
Q3 25
7.2%
11.8%
Q2 25
-5.6%
18.8%
Q1 25
-2.9%
2.6%
Q4 24
34.2%
23.5%
Q3 24
8.3%
1.1%
Q2 24
3.7%
15.7%
Q1 24
-8.8%
6.2%
Capex Intensity
IPG
IPG
SIRI
SIRI
Q4 25
6.6%
Q3 25
1.2%
8.1%
Q2 25
1.2%
6.8%
Q1 25
1.1%
9.1%
Q4 24
1.4%
7.5%
Q3 24
1.7%
9.9%
Q2 24
1.5%
7.9%
Q1 24
1.6%
8.0%
Cash Conversion
IPG
IPG
SIRI
SIRI
Q4 25
6.87×
Q3 25
1.45×
1.45×
Q2 25
-0.59×
2.66×
Q1 25
1.19×
Q4 24
2.52×
3.06×
Q3 24
11.13×
Q2 24
0.56×
1.69×
Q1 24
-1.43×
1.16×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

IPG
IPG

MDE$619.0M29%
IAC$574.9M27%
Other$527.9M25%
SCE$413.8M19%

SIRI
SIRI

Subscription And Circulation$1.6B74%
Advertising$491.0M22%
Cost Of Sales Equipment Products And Services$48.0M2%
Other Revenue$28.0M1%

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