Sirius Xm Holdings (SIRI) Gross Margin (2009 - 2026)
Sirius Xm Holdings (SIRI) posted Gross Margin of 66.57% for Q2 2026, little changed on a QoQ basis from 66.67% in Q1 2026, and up 34.0% year-over-year from 49.68% in Q2 2025.
Analysis
Sirius Xm Holdings (SIRI) Gross Margin (2009 - 2026) Analysis & Trends
Sirius Xm Holdings has reported Gross Margin for 18 years, with the latest figure at 66.57% in Q2 2026.
- On a quarterly basis, Gross Margin rose 34.0% year-over-year to 66.57% in Q2 2026; TTM through Jun 2026 was 66.76%, a 17.0% decrease from a year earlier, with the FY2025 full-year figure at 66.7%, down 71.0% from the prior year.
- Gross Margin was 66.57% for Q2 2026 at Sirius Xm Holdings, 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.
- Average Gross Margin over 5 years is 67.54%, with a median of 67.45% recorded in 2023.
- The sharpest annual moves came in 2022 and 2023: Gross Margin surged 45 bps in 2022, then plunged 200 bps in 2023.
- Over 5 years, Gross Margin stood at 68.81% in 2022, then retreated by 1 bps to 67.96% in 2023, then decreased by 1 bps to 67.23% in 2024, then fell by 0 bps to 67.17% in 2025, then dropped by 1 bps to 66.57% in 2026.
- The last three Gross Margin figures came in at 66.57% (Q2 2026), 66.67% (Q1 2026), and 67.17% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sirius Xm Holdings | 9.68 Bn | 9.50 Bn | 1.44 Bn | 66.57% |
| 2 | iHeartMedia | 420.29 Mn | 245.85 Mn | 576.68 Mn | 59.01% |
| 3 | Townsquare Media | 98.18 Mn | 97.01 Mn | 30.84 Mn | 26.74% |
| 4 | Mediaco Holding | 93.32 Mn | 91.52 Mn | -1.26 Mn | -3.70% |
| 5 | PodcastOne | 75.20 Mn | 68.19 Mn | 1.90 Mn | 11.80% |
| 6 | Saga Communications | 54.01 Mn | 26.17 Mn | 20.50 Mn | 77.63% |
| 7 | Beasley Broadcast | 31.37 Mn | 24.68 Mn | - | - |
| 8 | Urban One | 21.15 Mn | 5.79 Mn | 55.98 Mn | 65.28% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 66.57% |
| Mar 31, 2026 | 66.67% |
| Dec 31, 2025 | 67.17% |
| Sep 30, 2025 | 66.60% |
| Jun 30, 2025 | 66.23% |
| Mar 31, 2025 | 66.78% |
| Dec 31, 2024 | 67.23% |
| Sep 30, 2024 | 67.43% |
| Jun 30, 2024 | 67.49% |
| Mar 31, 2024 | 67.48% |
| Dec 31, 2023 | 67.96% |
| Sep 30, 2023 | 67.81% |
| Jun 30, 2023 | 67.47% |
| Mar 31, 2023 | 67.35% |
| Dec 31, 2022 | 68.81% |
| Sep 30, 2022 | 68.90% |
| Jun 30, 2022 | 68.44% |
| Mar 31, 2022 | 69.35% |
| Dec 31, 2021 | 69.40% |
| Sep 30, 2021 | 69.47% |