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
DateValue
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%