Sirius Xm Holdings (SIRI) Cost of Revenue (2009 - 2026)

Sirius Xm Holdings (SIRI) posted quarterly Cost of Revenue of $187.0 million for Q1 2026, down 1.58% year-over-year from $190.0 million in Q1 2025, and down 6.03% on a QoQ basis from $199.0 million in Q4 2025.

Sirius Xm Holdings (SIRI) Cost of Revenue (2009 - 2026) Analysis & Trends

Sirius Xm Holdings (SIRI) has reported Cost of Revenue for 18 consecutive years, with $187.0 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Cost of Revenue fell 1.58% year-over-year to $187.0 million; the TTM figure through Mar 2026 stood at $757.0 million (down 11.36% YoY), while the FY2025 annual figure was $760.0 million, down 14.99% from the prior year.
  • Cost of Revenue came in at $187.0 million for Q1 2026 at Sirius Xm Holdings, down from $199.0 million in the prior quarter.
  • The five-year high for Cost of Revenue was $285.0 million in Q2 2022, with the low at $185.0 million in Q2 2025.
  • Average Cost of Revenue over 5 years is $226.3 million, with a median of $224.0 million recorded in 2023.
  • The largest YoY upside for Cost of Revenue was 25.35% in 2022 against a maximum downside of 28.4% in 2022.
  • Year by year, Cost of Revenue stood at $237.0 million in 2022, then grew by 5.91% to $251.0 million in 2023, then dropped by 12.75% to $219.0 million in 2024, then decreased by 9.13% to $199.0 million in 2025, then dropped by 6.03% to $187.0 million in 2026.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $187.0 million, $199.0 million, and $186.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Leifras 65,924.76 Bn 65,924.74 Bn 5.99 Mn 12.58 Mn
2 Netflix 313.29 Bn 301.00 Bn 11.41 Bn 842.22 Mn
3 Walt Disney 169.09 Bn 170.02 Bn 23.68 Bn 1.48 Bn
4 Warner Bros. Discovery 66.81 Bn 64.68 Bn 4.25 Bn 4.64 Bn
5 Live Nation Entertainment 42.77 Bn 34.31 Bn 1.31 Bn 2.48 Bn
6 Roku 20.73 Bn 18.35 Bn 564.94 Mn 221.22 Mn
7 Fox 20.53 Bn 17.04 Bn - -
8 Paramount Skydance 11.21 Bn 9.13 Bn - -
9 Warner Music 10.40 Bn 9.76 Bn 802.00 Mn 930.00 Mn
10 Sirius Xm Holdings 10.06 Bn 9.99 Bn 1.90 Bn 187.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 187.00 Mn
Mar 31, 2026 187.00 Mn
Dec 31, 2025 199.00 Mn
Dec 31, 2025 199.00 Mn
Sep 30, 2025 186.00 Mn
Sep 30, 2025 186.00 Mn
Jun 30, 2025 185.00 Mn
Jun 30, 2025 185.00 Mn
Mar 31, 2025 190.00 Mn
Mar 31, 2025 190.00 Mn
Dec 31, 2024 219.00 Mn
Dec 31, 2024 219.00 Mn
Sep 30, 2024 217.00 Mn
Sep 30, 2024 217.00 Mn
Jun 30, 2024 228.00 Mn
Jun 30, 2024 228.00 Mn
Mar 31, 2024 229.00 Mn
Mar 31, 2024 229.00 Mn
Dec 31, 2023 251.00 Mn
Dec 31, 2023 251.00 Mn