Sirius Xm Holdings (SIRI) Gross Margin (2009 - 2026)
Sirius Xm Holdings (SIRI) posted quarterly Gross Margin of 66.57% for Q2 2026, up 34.0% year-over-year from 49.68% in Q2 2025, and little changed quarter-over-quarter from 66.67% in Q1 2026.
Sirius Xm Holdings (SIRI) Gross Margin (2009 - 2026) Analysis & Trends
Sirius Xm Holdings' Gross Margin history runs 18 years deep, the most recent figure standing at 66.57% for Q2 2026.
- In Q2 2026, Gross Margin rose 34.0% year-over-year to 66.57%; the TTM figure through Jun 2026 stood at 66.76% (down 17.0% YoY), while the FY2025 annual figure was 66.7%, down 71.0% from the prior year.
- Gross Margin for Q2 2026 stood at 66.57%, roughly flat from 66.67% in the prior quarter.
- The five-year high for Gross Margin was 69.35% in Q1 2022, with the low at 66.23% in Q2 2025.
- The 5-year median for Gross Margin is 67.45% (2023), against an average of 67.54%.
- The sharpest annual moves came in 2022 and 2023: Gross Margin soared 45 bps in 2022, then plunged 200 bps in 2023.
- Sirius Xm Holdings' Gross Margin stood at 68.81% in 2022, then declined by 1 bps to 67.96% in 2023, then fell by 1 bps to 67.23% in 2024, then dropped by 0 bps to 67.17% in 2025, then decreased by 1 bps to 66.57% in 2026.
- Business Quant data shows SIRI's Gross Margin at 66.57% in Q2 2026, 66.67% in Q1 2026, and 67.17% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 325.80 Bn | 316.67 Bn | 6.52 Bn | 51.93% |
| 2 | Walt Disney | 180.88 Bn | 175.70 Bn | 11.57 Bn | 45.84% |
| 3 | Warner Bros. Discovery | 71.60 Bn | 68.23 Bn | 4.10 Bn | 46.99% |
| 4 | Live Nation Entertainment | 41.97 Bn | 32.90 Bn | 1.94 Bn | 25.34% |
| 5 | Fox | 26.42 Bn | 22.22 Bn | - | - |
| 6 | Liberty Media | 23.42 Bn | 21.96 Bn | 329.00 Mn | 35.22% |
| 7 | Roku | 23.35 Bn | 20.80 Bn | 673.70 Mn | 49.73% |
| 8 | News | 18.65 Bn | 16.55 Bn | - | - |
| 9 | TKO Group Holdings | 14.38 Bn | 12.83 Bn | 990.96 Mn | 64.05% |
| 10 | Sirius Xm Holdings | 9.65 Bn | 9.48 Bn | 1.44 Bn | 66.57% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 66.57% |
| Mar 31, 2026 | 99.90% |
| Dec 31, 2025 | -29.69% |
| Sep 30, 2025 | 97.73% |
| Jun 30, 2025 | 94.81% |
| Mar 31, 2025 | 99.37% |
| Dec 31, 2024 | 91.22% |
| Sep 30, 2024 | 99.59% |
| Jun 30, 2024 | 99.91% |
| Mar 31, 2024 | 99.12% |
| Dec 31, 2023 | 173.69% |
| Sep 30, 2023 | 97.62% |
| Jun 30, 2023 | 93.20% |
| Mar 31, 2023 | 93.00% |
| Dec 31, 2022 | 119.05% |
| Sep 30, 2022 | 94.65% |
| Jun 30, 2022 | 99.87% |
| Mar 31, 2022 | 69.35% |
| Dec 31, 2021 | -0.83% |
| Sep 30, 2021 | 99.82% |