Sirius Xm Holdings (SIRI) Gross Margin (2009 - 2026)

Sirius Xm Holdings' Gross Margin history runs 18 years deep, the most recent figure standing at 91.06% for 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 was 91.06% for Q1 2026 at Sirius Xm Holdings, roughly flat from 90.93% 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 87.35% in Q2 2022.
• Historically, Gross Margin has averaged 89.71% across 5 years, with a median of 89.62% in 2022.
• Biggest YoY gain for Gross Margin was 413 bps in 2022; the steepest drop was 190 bps in 2022.
• A 5-year view of Gross Margin shows it stood at 89.62% in 2022, then declined by 1 bps to 89.03% in 2023, then increased by 1 bps to 89.99% in 2024, then gained by 1 bps to 90.93% in 2025, then increased by 0 bps to 91.06% in 2026.
• The last three Gross Margin figures came in at 91.06% (Q1 2026), 90.93% (Q4 2025), and 91.38% (Q3 2025), per Business Quant data.