Sirius Xm Holdings (SIRI) Operating Margin (2009 - 2026)
Sirius Xm Holdings (SIRI) posted quarterly Operating Margin of 21.71% for Q1 2026, up 300.0% year-over-year from 5.43% in Q1 2025, and up 110.68% on a QoQ basis from 10.31% in Q4 2025.
Sirius Xm Holdings (SIRI) Operating Margin (2009 - 2026) Analysis & Trends
Sirius Xm Holdings (SIRI) has reported Operating Margin for 18 consecutive years, with 21.71% the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Margin rose 300.0% year-over-year to 21.71%; the TTM figure through Mar 2026 stood at 17.92% (up 3580.0% YoY), while the FY2025 annual figure was 17.19%, up 3463.0% from the prior year.
- Operating Margin came in at 21.71% for Q1 2026 at Sirius Xm Holdings, up from 10.31% in the prior quarter.
- The five-year high for Operating Margin was 23.33% in Q1 2022, with the low at 133.63% in Q3 2024.
- Average Operating Margin over 5 years is 11.15%, with a median of 20.48% recorded in 2022.
- Across the five-year window, Operating Margin plunged 15687 bps in 2024 and jumped 15646 bps in 2025, its largest moves.
- Year by year, Operating Margin stood at 19.49% in 2022, then climbed by 2 bps to 19.89% in 2023, then advanced by 16 bps to 23.08% in 2024, then slumped by 55 bps to 10.31% in 2025, then soared by 111 bps to 21.71% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 21.71%, 10.31%, and 22.83% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Leifras | 65,924.76 Bn | 65,924.74 Bn | 5.99 Mn | 5.19% |
| 2 | Netflix | 313.29 Bn | 301.00 Bn | 11.41 Bn | 32.30% |
| 3 | Walt Disney | 169.09 Bn | 170.02 Bn | 23.68 Bn | 9.16% |
| 4 | Warner Bros. Discovery | 66.81 Bn | 64.68 Bn | 4.25 Bn | -27.76% |
| 5 | Live Nation Entertainment | 42.77 Bn | 34.31 Bn | 1.31 Bn | -9.77% |
| 6 | Roku | 20.73 Bn | 18.35 Bn | 564.94 Mn | 4.15% |
| 7 | Fox | 20.53 Bn | 17.04 Bn | - | - |
| 8 | Paramount Skydance | 11.21 Bn | 9.13 Bn | - | -92.99% |
| 9 | Warner Music | 10.40 Bn | 9.76 Bn | 802.00 Mn | 15.24% |
| 10 | Sirius Xm Holdings | 10.06 Bn | 9.99 Bn | 1.90 Bn | 21.71% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 21.71% |
| Dec 31, 2025 | 10.31% |
| Sep 30, 2025 | 22.83% |
| Jun 30, 2025 | 17.07% |
| Mar 31, 2025 | 18.71% |
| Dec 31, 2024 | 23.08% |
| Sep 30, 2024 | -133.63% |
| Jun 30, 2024 | 21.63% |
| Mar 31, 2024 | 18.92% |
| Dec 31, 2023 | 19.89% |
| Sep 30, 2023 | 23.25% |
| Jun 30, 2023 | 21.29% |
| Mar 31, 2023 | 19.22% |
| Dec 31, 2022 | 19.49% |
| Sep 30, 2022 | 20.48% |
| Jun 30, 2022 | 22.02% |
| Mar 31, 2022 | 23.33% |
| Dec 31, 2021 | 20.82% |
| Sep 30, 2021 | 28.57% |
| Jun 30, 2021 | 30.48% |