Sirius Xm Holdings SIRI
NASDAQ SIRI
$28.78 -0.20 (-0.71%)
As of: Sep 8, 2026 · 3:59 PM EDT

Sirius Xm Holdings (SIRI) Operating Expenses (2009 - 2026)

Sirius Xm Holdings (SIRI) posted Operating Expenses of $1.7 billion for Q2 2026, up 3.12% on a QoQ basis from $1.6 billion in Q1 2026, and down 4.79% year-over-year from $1.8 billion in Q2 2025.

Analysis

Sirius Xm Holdings (SIRI) Operating Expenses (2009 - 2026) Analysis & Trends

Sirius Xm Holdings has reported Operating Expenses for 18 years, with the latest figure at $1.7 billion in Q2 2026.

  • On a quarterly basis, Operating Expenses fell 4.79% year-over-year to $1.7 billion in Q2 2026; TTM through Jun 2026 was $7.0 billion, a 31.84% decrease from a year earlier, with the FY2025 full-year figure at $7.1 billion, down 30.63% from the prior year.
  • Operating Expenses was $1.7 billion for Q2 2026 at Sirius Xm Holdings, 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.
  • Average Operating Expenses over 5 years is $1.9 billion, with a median of $1.7 billion recorded in 2023.
  • The sharpest annual moves came in 2024 and 2025: Operating Expenses surged 190.99% in 2024, then plunged 67.15% in 2025.
  • Over 5 years, Operating Expenses stood at $1.8 billion in 2022, then fell by 0.27% to $1.8 billion in 2023, then declined by 8.18% to $1.7 billion in 2024, then rose by 16.87% to $2.0 billion in 2025, then slipped by 14.18% to $1.7 billion in 2026.
  • The last three Operating Expenses figures came in at $1.7 billion (Q2 2026), $1.6 billion (Q1 2026), and $2.0 billion (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Sirius Xm Holdings 9.68 Bn 9.50 Bn 1.44 Bn 1.69 Bn
2 iHeartMedia 420.29 Mn 245.85 Mn 576.68 Mn 461.62 Mn
3 Townsquare Media 98.18 Mn 97.01 Mn 30.84 Mn 127.65 Mn
4 Mediaco Holding 93.32 Mn 91.52 Mn -1.26 Mn 38.86 Mn
5 PodcastOne 75.20 Mn 68.19 Mn 1.90 Mn 17.68 Mn
6 Saga Communications 54.01 Mn 26.17 Mn 20.50 Mn 23.44 Mn
7 Beasley Broadcast 31.37 Mn 24.68 Mn - 42.79 Mn
8 Urban One 21.15 Mn 5.79 Mn 55.98 Mn 97.00 Mn
Historic Data

Historic Data

Download Data
DateValue
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