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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Sirius Xm Holdings (SIRI) Gross Margin (2016 - 2025)

Sirius Xm Holdings' Gross Margin history spans 17 years, with the latest figure at 90.93% for Q4 2025.

  • For Q4 2025, Gross Margin rose 93.0% year-over-year to 90.93%; the TTM value through Dec 2025 reached 91.12%, up 138.0%, while the annual FY2025 figure was 91.12%, 140.0% up from the prior year.
  • Gross Margin reached 90.93% in Q4 2025 per SIRI's latest filing, down from 91.38% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 91.38% in Q3 2025 to a low of 85.49% in Q4 2021.
  • Average Gross Margin over 5 years is 89.28%, with a median of 89.54% recorded in 2023.
  • The largest YoY upside for Gross Margin was 413bps in 2022 against a maximum downside of -190bps in 2022.
  • A 5-year view of Gross Margin shows it stood at 85.49% in 2021, then rose by 5bps to 89.62% in 2022, then fell by -1bps to 89.03% in 2023, then rose by 1bps to 89.99% in 2024, then increased by 1bps to 90.93% in 2025.
  • Per Business Quant, the three most recent readings for SIRI's Gross Margin are 90.93% (Q4 2025), 91.38% (Q3 2025), and 91.35% (Q2 2025).