Sirius Xm Holdings (SIRI) Operating Margin (2009 - 2026)
Sirius Xm Holdings (SIRI) posted quarterly Operating Margin of 21.85% for Q2 2026, up 478.0% year-over-year from 3.78% in Q2 2025, and up 0.64% quarter-over-quarter from 21.71% in Q1 2026.
Sirius Xm Holdings (SIRI) Operating Margin (2009 - 2026) Analysis & Trends
Sirius Xm Holdings' Operating Margin history runs 18 years deep, the most recent figure standing at 21.85% for Q2 2026.
- In Q2 2026, Operating Margin rose 478.0% year-over-year to 21.85%; the TTM figure through Jun 2026 stood at 19.12% (up 3832.0% YoY), while the FY2025 annual figure was 17.19%, up 3463.0% from the prior year.
- Operating Margin for Q2 2026 stood at 21.85%, up from 21.71% 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.
- The 5-year median for Operating Margin is 20.89% (2023), against an average of 11.75%.
- The sharpest annual moves came in 2024 and 2025: Operating Margin slumped 15687 bps in 2024, then soared 15646 bps in 2025.
- Sirius Xm Holdings' Operating Margin stood at 19.49% in 2022, then increased by 2 bps to 19.89% in 2023, then grew by 16 bps to 23.08% in 2024, then plunged by 55 bps to 10.31% in 2025, then surged by 112 bps to 21.85% in 2026.
- Business Quant data shows SIRI's Operating Margin at 21.85% in Q2 2026, 21.71% in Q1 2026, and 10.31% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 325.80 Bn | 316.67 Bn | 6.52 Bn | 33.38% |
| 2 | Walt Disney | 180.88 Bn | 175.70 Bn | 11.57 Bn | -35.31% |
| 3 | Warner Bros. Discovery | 71.60 Bn | 68.23 Bn | 4.10 Bn | 2.72% |
| 4 | Live Nation Entertainment | 41.97 Bn | 32.90 Bn | 1.94 Bn | 6.81% |
| 5 | Fox | 26.42 Bn | 22.22 Bn | - | - |
| 6 | Liberty Media | 23.42 Bn | 21.96 Bn | 329.00 Mn | 9.42% |
| 7 | Roku | 23.35 Bn | 20.80 Bn | 673.70 Mn | 10.79% |
| 8 | News | 18.65 Bn | 16.55 Bn | - | - |
| 9 | TKO Group Holdings | 14.38 Bn | 12.83 Bn | 990.96 Mn | 27.78% |
| 10 | Sirius Xm Holdings | 9.65 Bn | 9.48 Bn | 1.44 Bn | 21.85% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 21.85% |
| 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% |