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
DateValue
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%