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Side-by-side financial comparison of SAGA COMMUNICATIONS INC (SGA) 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 $26.5M, roughly 82.7× SAGA COMMUNICATIONS INC). SIRIUS XM HOLDINGS INC. runs the higher net margin — 4.5% vs -26.1%, a 30.6% gap on every dollar of revenue. On growth, SIRIUS XM HOLDINGS INC. posted the faster year-over-year revenue change (0.2% vs -9.3%). SIRIUS XM HOLDINGS INC. produced more free cash flow last quarter ($536.0M vs $-459.0K). Over the past eight quarters, SAGA COMMUNICATIONS INC's revenue compounded faster (2.4% CAGR vs 0.7%).
Saga is a British company focused on serving the needs of those aged 50 and over, originally owned by its founder, later acquired by private equity, and ultimately listed on the London Stock Exchange. It has 2.7 million customers. The company operates sites on the Kent and Sussex coast: Enbrook Park and Priory Square. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
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".
SGA vs SIRI — Head-to-Head
Income Statement — Q4 2025 vs Q4 2025
| Metric | ||
|---|---|---|
| Revenue | $26.5M | $2.2B |
| Net Profit | $-6.9M | $99.0M |
| Gross Margin | — | 53.1% |
| Operating Margin | -36.0% | 10.3% |
| Net Margin | -26.1% | 4.5% |
| Revenue YoY | -9.3% | 0.2% |
| Net Profit YoY | -645.3% | -55.4% |
| EPS (diluted) | $-1.07 | $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.
| Q4 25 | $26.5M | $2.2B | ||
| Q3 25 | $28.2M | $2.2B | ||
| Q2 25 | $28.2M | $2.1B | ||
| Q1 25 | $24.2M | $2.1B | ||
| Q4 24 | $29.2M | $2.2B | ||
| Q3 24 | $28.7M | $2.2B | ||
| Q2 24 | $29.7M | $2.2B | ||
| Q1 24 | $25.3M | $2.2B |
| Q4 25 | $-6.9M | $99.0M | ||
| Q3 25 | $-532.0K | $297.0M | ||
| Q2 25 | $1.1M | $205.0M | ||
| Q1 25 | $-1.6M | $204.0M | ||
| Q4 24 | $1.3M | $222.0M | ||
| Q3 24 | $1.3M | $-2.5B | ||
| Q2 24 | $2.5M | $304.0M | ||
| Q1 24 | $-1.6M | $265.0M |
| Q4 25 | — | 53.1% | ||
| Q3 25 | — | 52.2% | ||
| Q2 25 | — | 52.4% | ||
| Q1 25 | — | 52.0% | ||
| Q4 24 | — | 52.9% | ||
| Q3 24 | — | 53.2% | ||
| Q2 24 | — | 53.5% | ||
| Q1 24 | — | 52.5% |
| Q4 25 | -36.0% | 10.3% | ||
| Q3 25 | -2.2% | 22.8% | ||
| Q2 25 | 5.0% | 17.1% | ||
| Q1 25 | -9.5% | 18.7% | ||
| Q4 24 | 3.4% | 20.2% | ||
| Q3 24 | 5.7% | -133.6% | ||
| Q2 24 | 7.2% | 23.2% | ||
| Q1 24 | -9.6% | 20.2% |
| Q4 25 | -26.1% | 4.5% | ||
| Q3 25 | -1.9% | 13.8% | ||
| Q2 25 | 4.0% | 9.6% | ||
| Q1 25 | -6.5% | 9.9% | ||
| Q4 24 | 4.3% | 10.1% | ||
| Q3 24 | 4.4% | -113.1% | ||
| Q2 24 | 8.4% | 14.0% | ||
| Q1 24 | -6.2% | 12.3% |
| Q4 25 | $-1.07 | $0.23 | ||
| Q3 25 | $-0.08 | $0.84 | ||
| Q2 25 | $0.18 | $0.57 | ||
| Q1 25 | $-0.25 | $0.59 | ||
| Q4 24 | $0.20 | $2.45 | ||
| Q3 24 | $0.20 | $-8.74 | ||
| Q2 24 | $0.40 | $0.08 | ||
| Q1 24 | $-0.25 | $0.07 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $31.8M | $94.0M |
| Total DebtLower is stronger | $5.0M | $8.6B |
| Stockholders' EquityBook value | $151.5M | $11.6B |
| Total Assets | $201.3M | $27.2B |
| Debt / EquityLower = less leverage | 0.03× | 0.75× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $31.8M | $94.0M | ||
| Q3 25 | $26.3M | $79.0M | ||
| Q2 25 | $24.9M | $92.0M | ||
| Q1 25 | $27.0M | $127.0M | ||
| Q4 24 | $27.8M | $162.0M | ||
| Q3 24 | $28.7M | $127.0M | ||
| Q2 24 | $24.1M | $100.0M | ||
| Q1 24 | $28.8M | $71.0M |
| Q4 25 | $5.0M | $8.6B | ||
| Q3 25 | $5.0M | $9.0B | ||
| Q2 25 | $5.0M | $10.1B | ||
| Q1 25 | $5.0M | $10.4B | ||
| Q4 24 | $5.0M | $10.3B | ||
| Q3 24 | $5.0M | $10.1B | ||
| Q2 24 | $5.0M | $9.0B | ||
| Q1 24 | $0 | $8.7B |
| Q4 25 | $151.5M | $11.6B | ||
| Q3 25 | $162.1M | $11.6B | ||
| Q2 25 | $163.7M | $11.3B | ||
| Q1 25 | $163.6M | $11.2B | ||
| Q4 24 | $165.9M | $11.1B | ||
| Q3 24 | $166.0M | $10.9B | ||
| Q2 24 | $165.8M | $-2.1B | ||
| Q1 24 | $164.4M | $-2.4B |
| Q4 25 | $201.3M | $27.2B | ||
| Q3 25 | $218.4M | $27.4B | ||
| Q2 25 | $218.9M | $27.3B | ||
| Q1 25 | $219.3M | $27.4B | ||
| Q4 24 | $221.7M | $27.5B | ||
| Q3 24 | $223.2M | $27.5B | ||
| Q2 24 | $221.6M | $11.2B | ||
| Q1 24 | $218.0M | $11.2B |
| Q4 25 | 0.03× | 0.75× | ||
| Q3 25 | 0.03× | 0.78× | ||
| Q2 25 | 0.03× | 0.89× | ||
| Q1 25 | 0.03× | 0.93× | ||
| Q4 24 | 0.03× | 0.93× | ||
| Q3 24 | 0.03× | 0.93× | ||
| Q2 24 | 0.03× | — | ||
| Q1 24 | 0.00× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $-18.0K | $680.0M |
| Free Cash FlowOCF − Capex | $-459.0K | $536.0M |
| FCF MarginFCF / Revenue | -1.7% | 24.4% |
| Capex IntensityCapex / Revenue | 1.7% | 6.6% |
| Cash ConversionOCF / Net Profit | — | 6.87× |
| TTM Free Cash FlowTrailing 4 quarters | $2.4M | $1.2B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-18.0K | $680.0M | ||
| Q3 25 | $3.4M | $430.0M | ||
| Q2 25 | $755.0K | $546.0M | ||
| Q1 25 | $1.4M | $242.0M | ||
| Q4 24 | $3.6M | $679.0M | ||
| Q3 24 | $5.1M | $240.0M | ||
| Q2 24 | $1.2M | $514.0M | ||
| Q1 24 | $3.8M | $308.0M |
| Q4 25 | $-459.0K | $536.0M | ||
| Q3 25 | $2.8M | $255.0M | ||
| Q2 25 | $-559.0K | $401.0M | ||
| Q1 25 | $668.0K | $53.0M | ||
| Q4 24 | $3.1M | $514.0M | ||
| Q3 24 | $4.5M | $24.0M | ||
| Q2 24 | $-280.0K | $341.0M | ||
| Q1 24 | $2.8M | $134.0M |
| Q4 25 | -1.7% | 24.4% | ||
| Q3 25 | 9.8% | 11.8% | ||
| Q2 25 | -2.0% | 18.8% | ||
| Q1 25 | 2.8% | 2.6% | ||
| Q4 24 | 10.5% | 23.5% | ||
| Q3 24 | 15.6% | 1.1% | ||
| Q2 24 | -0.9% | 15.7% | ||
| Q1 24 | 10.9% | 6.2% |
| Q4 25 | 1.7% | 6.6% | ||
| Q3 25 | 2.1% | 8.1% | ||
| Q2 25 | 4.7% | 6.8% | ||
| Q1 25 | 2.9% | 9.1% | ||
| Q4 24 | 1.9% | 7.5% | ||
| Q3 24 | 2.2% | 9.9% | ||
| Q2 24 | 5.1% | 7.9% | ||
| Q1 24 | 4.2% | 8.0% |
| Q4 25 | — | 6.87× | ||
| Q3 25 | — | 1.45× | ||
| Q2 25 | 0.67× | 2.66× | ||
| Q1 25 | — | 1.19× | ||
| Q4 24 | 2.86× | 3.06× | ||
| Q3 24 | 4.02× | — | ||
| Q2 24 | 0.50× | 1.69× | ||
| Q1 24 | — | 1.16× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
SGA
| Broadcast Advertising Revenue Net | $20.2M | 76% |
| Digital Advertising Revenue | $4.3M | 16% |
| Other Revenue | $1.9M | 7% |
SIRI
| Subscription And Circulation | $1.6B | 74% |
| Advertising | $491.0M | 22% |
| Cost Of Sales Equipment Products And Services | $48.0M | 2% |
| Other Revenue | $28.0M | 1% |