The financials
Sirius XM Holdings Inc. by the numbers
Sirius XM Holdings Inc. (SIRI) reported revenue of $2.16B in Q2 2026 (quarter ended June 30, 2026), up 1.0% from the same quarter a year earlier. That came with a gross margin of 53% and net income of $239M (11% of revenue). For the full year FY2025, revenue was $8.56B (−1.6% year on year) and net income $805M. Its largest product in 2026-Q1 was Subscription And Circulation at $1.61B, 75% of the disclosed total, just ahead of Advertising at 19%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $2.16B | $2.14B | +1.0% |
| Gross profit | $1.14B | $1.12B | +2.1% |
| Operating income | $472M | $365M | +29% |
| Net income | $239M | $205M | +17% |
| Diluted EPS | $0.70 | $0.57 | +23% |
| Product | Revenue | Share |
|---|---|---|
| Subscription And Circulation | $1.61B | 75% |
| Advertising | $407M | 19% |
| Other Revenue Excluding Share Based Compensation | $72M | 3.3% |
| Cost Of Sales Equipment Products And Services | $41M | 1.9% |
| Other | $31M | 1.4% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q1 2026Total $2.16B (-3.2%)
Advertising grew +3.3% year on yearOther 0.00% year on year
Segment Latestquarter on quarteryear on year
- Subscription And Circulation$1.61B$1.61BQoQ -1.0%year on year +0.62%-1.0%+0.62%
- Advertising$407.0M$407.0MQoQ -11%year on year +3.3%-11%+3.3%
- Other Revenue Excluding Share Based Compensation$72.0M$72.0MQoQ -4.0%year on year 0.00%-4.0%0.00%
- Cost Of Sales Equipment Products And Services$41.0M$41.0MQoQ -4.7%year on year 0.00%-4.7%0.00%
- Other$31.0M$31.0MQoQ -3.1%year on year 0.00%-3.1%0.00%