Sirius Xm Holdings (SIRI) Cost of Revenue (2009 - 2026)
Sirius Xm Holdings (SIRI) reported Cost of Revenue of $722 million for Q2 2026, unchanged from $722 million a year earlier and up 3.6% from the prior quarter.
Sirius Xm Holdings (SIRI) Cost of Revenue (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Sirius Xm Holdings' Cost of Revenue came in at $2.86 billion, up 1.0% year-over-year; for FY2025, it came in at $2.85 billion, up 0.5% from FY2024.
- Cost of Revenue has a five-year compound annual growth rate of 24.1% (FY2020 to FY2025).
- By year, Cost of Revenue came in at $2.84 billion in FY2024 (-2.1%), $2.9 billion in FY2023 (+3.3%), $2.8 billion in FY2022 (+4.9%) and $2.67 billion in FY2021 (+176.0%).
- Five-year quarterly Cost of Revenue spans a low of -$248 million in Q4 2021 and a high of $997 million in Q3 2021.
- Year over year, Cost of Revenue gained in four of the last eight quarters, with an average decline of 0.2%.
- The high point for year-over-year Cost of Revenue in five years was Q3 2021 (growth of 11.4%); the low point was Q1 2023 (a decline of 29.2%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $697 million (Q1 2026), $720 million (Q4 2025) and $721 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Warner Bros. Discovery | 77.60 Bn | 63.26 Bn | 4.10 Bn | 4.62 Bn |
| 2 | Fox | 26.84 Bn | 12.75 Bn | - | - |
| 3 | Omnicom | 20.35 Bn | 3.05 Bn | 1.30 Bn | 5.26 Bn |
| 4 | News | 15.97 Bn | 8.16 Bn | - | - |
| 5 | Paramount Skydance | 10.53 Bn | 8.45 Bn | - | - |
| 6 | Pearson | 10.25 Bn | 7.39 Bn | - | - |
| 7 | New York Times | 10.06 Bn | 7.55 Bn | 394.61 Mn | 367.84 Mn |
| 8 | Sirius Xm Holdings | 8.67 Bn | 8.25 Bn | 1.44 Bn | 722.00 Mn |
| 9 | 36Kr Holdings | 5.97 Bn | 5.91 Bn | - | - |
| 10 | Wpp | 5.32 Bn | -6.48 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 722.00 Mn |
| Mar 31, 2026 | 697.00 Mn |
| Dec 31, 2025 | 720.00 Mn |
| Sep 30, 2025 | 721.00 Mn |
| Jun 30, 2025 | 722.00 Mn |
| Mar 31, 2025 | 687.00 Mn |
| Dec 31, 2024 | 717.00 Mn |
| Sep 30, 2024 | 707.00 Mn |
| Jun 30, 2024 | 708.00 Mn |
| Mar 31, 2024 | 703.00 Mn |
| Dec 31, 2023 | 733.00 Mn |
| Sep 30, 2023 | 731.00 Mn |
| Jun 30, 2023 | 732.00 Mn |
| Mar 31, 2023 | 700.00 Mn |
| Dec 31, 2022 | 712.00 Mn |
| Sep 30, 2022 | 709.00 Mn |
| Jun 30, 2022 | 711.00 Mn |
| Mar 31, 2022 | 989.00 Mn |
| Dec 31, 2021 | -248.00 Mn |
| Sep 30, 2021 | 997.00 Mn |
Sirius Xm Holdings Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=SIRI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "SIRI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=SIRI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();