Sirius Xm Holdings (SIRI) Gross Margin (2009 - 2026)
Sirius Xm Holdings (SIRI) posted quarterly Gross Margin of 91.06% for Q1 2026, up 24.0% year-over-year from 73.43% in Q1 2025, and little changed on a QoQ basis from 90.93% in Q4 2025.
Sirius Xm Holdings (SIRI) Gross Margin (2009 - 2026) Analysis & Trends
Sirius Xm Holdings (SIRI) has reported Gross Margin for 18 consecutive years, with 91.06% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin rose 24.0% year-over-year to 91.06%; the TTM figure through Mar 2026 stood at 91.18% (up 110.0% YoY), while the FY2025 annual figure was 91.12%, up 140.0% from the prior year.
- Gross Margin came in at 91.06% for Q1 2026 at Sirius Xm Holdings, roughly flat from 90.93% in the prior quarter.
- The five-year high for Gross Margin was 91.38% in Q3 2025, with the low at 87.35% in Q2 2022.
- Average Gross Margin over 5 years is 89.71%, with a median of 89.62% recorded in 2022.
- The largest YoY upside for Gross Margin was 413 bps in 2022 against a maximum downside of 190 bps in 2022.
- Year by year, Gross Margin stood at 89.62% in 2022, then decreased by 1 bps to 89.03% in 2023, then advanced by 1 bps to 89.99% in 2024, then grew by 1 bps to 90.93% in 2025, then advanced by 0 bps to 91.06% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 91.06%, 90.93%, and 91.38% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Leifras | 65,924.76 Bn | 65,924.74 Bn | 5.99 Mn | 32.23% |
| 2 | Netflix | 313.29 Bn | 301.00 Bn | 11.41 Bn | 93.12% |
| 3 | Walt Disney | 169.09 Bn | 170.02 Bn | 23.68 Bn | 94.10% |
| 4 | Warner Bros. Discovery | 66.81 Bn | 64.68 Bn | 4.25 Bn | 47.79% |
| 5 | Live Nation Entertainment | 42.77 Bn | 34.31 Bn | 1.31 Bn | 34.66% |
| 6 | Roku | 20.73 Bn | 18.35 Bn | 564.94 Mn | 45.24% |
| 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 | 46.30% |
| 10 | Sirius Xm Holdings | 10.06 Bn | 9.99 Bn | 1.90 Bn | 91.06% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 91.06% |
| Dec 31, 2025 | 90.93% |
| Sep 30, 2025 | 91.38% |
| Jun 30, 2025 | 91.35% |
| Mar 31, 2025 | 90.81% |
| Dec 31, 2024 | 89.99% |
| Sep 30, 2024 | 90.00% |
| Jun 30, 2024 | 89.53% |
| Mar 31, 2024 | 89.41% |
| Dec 31, 2023 | 89.03% |
| Sep 30, 2023 | 89.56% |
| Jun 30, 2023 | 90.22% |
| Mar 31, 2023 | 89.55% |
| Dec 31, 2022 | 89.62% |
| Sep 30, 2022 | 87.68% |
| Jun 30, 2022 | 87.35% |
| Mar 31, 2022 | 87.56% |
| Dec 31, 2021 | 85.49% |
| Sep 30, 2021 | 87.76% |
| Jun 30, 2021 | 88.88% |