Sirius Xm Holdings (SIRI) Operating Expenses (2009 - 2026)
Sirius Xm Holdings (SIRI) posted quarterly Operating Expenses of $1.6 billion for Q1 2026, down 2.62% year-over-year from $1.7 billion in Q1 2025, and down 16.78% on a QoQ basis from $2.0 billion in Q4 2025.
Sirius Xm Holdings (SIRI) Operating Expenses (2009 - 2026) Analysis & Trends
Sirius Xm Holdings (SIRI) has reported Operating Expenses for 18 consecutive years, with $1.6 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses fell 2.62% year-over-year to $1.6 billion; the TTM figure through Mar 2026 stood at $7.0 billion (down 30.56% YoY), while the FY2025 annual figure was $7.1 billion, down 30.63% from the prior year.
- Operating Expenses came in at $1.6 billion for Q1 2026 at Sirius Xm Holdings, down from $2.0 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.
- Average Operating Expenses over 5 years is $1.9 billion, with a median of $1.8 billion recorded in 2024.
- Across the five-year window, Operating Expenses jumped 190.99% in 2024 and slumped 67.15% in 2025, its largest moves.
- Year by year, Operating Expenses stood at $1.8 billion in 2022, then decreased by 0.27% to $1.8 billion in 2023, then retreated by 8.18% to $1.7 billion in 2024, then advanced by 16.87% to $2.0 billion in 2025, then slipped by 16.78% to $1.6 billion in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $1.6 billion, $2.0 billion, and $1.7 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Leifras | 65,924.76 Bn | 65,924.74 Bn | 5.99 Mn | -5.09 Mn |
| 2 | Netflix | 313.29 Bn | 301.00 Bn | 11.41 Bn | 1.56 Bn |
| 3 | Walt Disney | 169.09 Bn | 170.02 Bn | 23.68 Bn | 21.38 Bn |
| 4 | Warner Bros. Discovery | 66.81 Bn | 64.68 Bn | 4.25 Bn | 11.36 Bn |
| 5 | Live Nation Entertainment | 42.77 Bn | 34.31 Bn | 1.31 Bn | 1.06 Bn |
| 6 | Roku | 20.73 Bn | 18.35 Bn | 564.94 Mn | 513.16 Mn |
| 7 | Fox | 20.53 Bn | 17.04 Bn | - | 2.49 Bn |
| 8 | Paramount Skydance | 11.21 Bn | 9.13 Bn | - | - |
| 9 | Warner Music | 10.40 Bn | 9.76 Bn | 802.00 Mn | 1.47 Bn |
| 10 | Sirius Xm Holdings | 10.06 Bn | 9.99 Bn | 1.90 Bn | 1.64 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 1.50 Bn |