Sirius Xm Holdings (SIRI) Operating Expenses (2009 - 2026)
Sirius Xm Holdings (SIRI) posted quarterly Operating Expenses of $1.7 billion for Q2 2026, down 4.79% year-over-year from $1.8 billion in Q2 2025, and up 3.12% quarter-over-quarter from $1.6 billion in Q1 2026.
Sirius Xm Holdings (SIRI) Operating Expenses (2009 - 2026) Analysis & Trends
Sirius Xm Holdings' Operating Expenses history runs 18 years deep, the most recent figure standing at $1.7 billion for Q2 2026.
- In Q2 2026, Operating Expenses fell 4.79% year-over-year to $1.7 billion; the TTM figure through Jun 2026 stood at $7.0 billion (down 31.84% YoY), while the FY2025 annual figure was $7.1 billion, down 30.63% from the prior year.
- Operating Expenses for Q2 2026 stood at $1.7 billion, up from $1.6 billion in the prior quarter.
- The five-year high for Operating Expenses was $5.1 billion in Q3 2024, with the low at $1.6 billion in Q1 2026.
- The 5-year median for Operating Expenses is $1.7 billion (2023), against an average of $1.9 billion.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses soared 190.99% in 2024, then plunged 67.15% in 2025.
- Sirius Xm Holdings' Operating Expenses stood at $1.8 billion in 2022, then dropped by 0.27% to $1.8 billion in 2023, then slipped by 8.18% to $1.7 billion in 2024, then grew by 16.87% to $2.0 billion in 2025, then retreated by 14.18% to $1.7 billion in 2026.
- Business Quant data shows SIRI's Operating Expenses at $1.7 billion in Q2 2026, $1.6 billion in Q1 2026, and $2.0 billion in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 325.80 Bn | 316.67 Bn | 6.52 Bn | 1.32 Bn |
| 2 | Walt Disney | 180.88 Bn | 175.70 Bn | 11.57 Bn | 20.49 Bn |
| 3 | Warner Bros. Discovery | 71.60 Bn | 68.23 Bn | 4.10 Bn | 8.48 Bn |
| 4 | Live Nation Entertainment | 41.97 Bn | 32.90 Bn | 1.94 Bn | 1.24 Bn |
| 5 | Fox | 26.42 Bn | 22.22 Bn | - | 2.38 Bn |
| 6 | Liberty Media | 23.42 Bn | 21.96 Bn | 329.00 Mn | 846.00 Mn |
| 7 | Roku | 23.35 Bn | 20.80 Bn | 673.70 Mn | 527.52 Mn |
| 8 | News | 18.65 Bn | 16.55 Bn | - | 991.00 Mn |
| 9 | TKO Group Holdings | 14.38 Bn | 12.83 Bn | 990.96 Mn | 1.12 Bn |
| 10 | Sirius Xm Holdings | 9.65 Bn | 9.48 Bn | 1.44 Bn | 1.69 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.69 Bn |
| Mar 31, 2026 | 1.64 Bn |
| Dec 31, 2025 | 1.97 Bn |
| Sep 30, 2025 | 1.67 Bn |
| Jun 30, 2025 | 1.77 Bn |
| Mar 31, 2025 | 1.68 Bn |
| Dec 31, 2024 | 1.68 Bn |
| Sep 30, 2024 | 5.07 Bn |
| Jun 30, 2024 | 1.71 Bn |
| Mar 31, 2024 | 1.75 Bn |
| Dec 31, 2023 | 1.83 Bn |
| Sep 30, 2023 | 1.74 Bn |
| Jun 30, 2023 | 1.77 Bn |
| Mar 31, 2023 | 1.73 Bn |
| Dec 31, 2022 | 1.84 Bn |
| Sep 30, 2022 | 1.81 Bn |
| Jun 30, 2022 | 1.76 Bn |
| Mar 31, 2022 | 1.68 Bn |
| Dec 31, 2021 | 1.81 Bn |
| Sep 30, 2021 | 1.57 Bn |