What is Sirius XM Holdings, Inc's earnings per share (EPS)?

Sirius XM Holdings, Inc (SIRI) reported diluted earnings per share of $2.23 for fiscal year 2025. The change from the previous fiscal year is not meaningful, because that year’s figure was zero or negative. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Sirius XM Holdings, Inc (SIRI) Financials

SIRI

Trailing 12 months to June 30, 2026

Revenue $8.6B +0.4% YoY

Net Income $880.0M n/m YoY

EPS (Diluted) $2.50 n/m YoY

Free Cash Flow $1.5B +46.0% YoY

Market Cap $9.3B as of Oct 23, 2026

Price / Sales 1.1x on $8.6B revenue, trailing 12 months to June 30, 2026

Price / Earnings 10.6x on $880.0M net income, trailing 12 months to June 30, 2026

Price / Book 0.8x on $11.9B equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 23, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Jul 30, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Jul 30, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the SIRI SEC filings page.

Sirius XM Holdings, Inc (SIRI) reported $8.6B in revenue over the twelve months to Jun 30, 2026, up 0.4% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI SIRI FY2025 2026-10-24

Sirius XM's revenue is shrinking, but FY2025 recovery came from cost control and lower debt, not top-line expansion.

The FY2024 accounting loss of $1.67B coexisted with $1.74B of operating cash flow, indicating that reported profitability was disrupted more sharply than the underlying cash engine. In FY2025, operating cash flow rose 9.0% while free cash flow rose 22.9%, so cash generation improved faster than operations alone would suggest.

Debt posture improved as long-term debt fell 16.2% in FY2025. Debt-to-equity was 0.7x, but the current ratio was only 0.3x, showing that lower leverage did not create a broad short-term liquidity cushion.

FY2025 operating margin returned to 17.2% from -17.4% in FY2024 even as revenue declined, pointing to earnings normalization without top-line growth. SG&A fell 5.9% and R&D fell 11.1%, making expense reduction a visible contributor to the rebound.

Financial Health Signals

Financial Health Score 33/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Sirius XM Holdings, Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Sirius XM Holdings, Inc has an operating margin of 17.2%, meaning the company retains $17 of operating profit per $100 of revenue. This results in a moderate score of 49/100, indicating healthy but not exceptional operating efficiency. This is up from -17.4% the prior year.

Growth

Sirius XM Holdings, Inc's revenue declined 1.6% year-over-year, from $8.7B to $8.6B. This contraction results in a growth score of 23/100.

Leverage

Sirius XM Holdings, Inc has elevated debt relative to equity (D/E of 0.75), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 13/100, reflecting increased financial risk.

Liquidity

Sirius XM Holdings, Inc's current ratio of 0.30 is below the typical benchmark, resulting in a score of 2/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Cash Flow

Sirius XM Holdings, Inc converts 14.5% of revenue into free cash flow ($1.2B). This strong cash generation earns a score of 74/100.

Returns

Sirius XM Holdings, Inc's ROE of 7.0% shows moderate profitability relative to equity, earning a score of 37/100. This is up from -15.0% the prior year.

Altman Z-Score Distress

1.33

Sirius XM Holdings, Inc scores 1.33, below the 1.81 distress threshold. The score is pulled down most by current liabilities exceeding current assets by $2.6B against total assets of $27.2B. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Neutral

6/9

Sirius XM Holdings, Inc passes 6 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Cash-Backed

2.36x

For every $1 of reported earnings, Sirius XM Holdings, Inc generates $2.36 in operating cash flow ($1.9B OCF vs $805.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Adequate

3.20x

Sirius XM Holdings, Inc earns $3.20 in operating income for every $1 of interest expense ($1.5B vs $459.0M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue

$2.2B

YoY+1.0%

QoQ+3.3%

5Y CAGR0.0%

10Y CAGR+5.7%

Sirius XM Holdings, Inc generated $2.2B in revenue in Q2 2026. This represents an increase of 1.0% from the same quarter a year earlier. Against the prior quarter it is up 3.3%.

EBITDA

$606.0M

YoY+33.2%

QoQ+5.6%

5Y CAGR-4.2%

10Y CAGR+3.8%

Sirius XM Holdings, Inc's EBITDA was $606.0M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 33.2% from the same quarter a year earlier. Against the prior quarter it is up 5.6%.

Net Income

$239.0M

YoY+16.6%

QoQ-2.4%

5Y CAGR-11.2%

10Y CAGR+3.2%

Sirius XM Holdings, Inc reported $239.0M in net income in Q2 2026. This represents an increase of 16.6% from the same quarter a year earlier. Against the prior quarter it is down 2.4%.

EPS (Diluted)

$0.70

YoY+22.8%

QoQ-2.8%

Sirius XM Holdings, Inc earned $0.70 per diluted share (EPS) in Q2 2026. This represents an increase of 22.8% from the same quarter a year earlier. Against the prior quarter it is down 2.8%.

Cash & Balance Sheet

Free Cash Flow

$592.0M

YoY+47.6%

QoQ+256.6%

5Y CAGR+1.5%

10Y CAGR+4.1%

Sirius XM Holdings, Inc generated $592.0M in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 47.6% from the same quarter a year earlier. Against the prior quarter it is up 256.6%.

Cash & Debt

$174.0M

YoY+89.1%

QoQ+132.0%

5Y CAGR-31.1%

10Y CAGR-9.6%

Sirius XM Holdings, Inc held $174.0M in cash against $9.5B in long-term debt as of Q2 2026.

Dividends Per Share

$0.27

YoY0.0%

QoQ0.0%

Sirius XM Holdings, Inc paid $0.27 per share in dividends in Q2 2026. That is unchanged from the same quarter a year earlier. It is unchanged from the prior quarter.

Shares Outstanding

337M

YoY+0.1%

QoQ+0.1%

Sirius XM Holdings, Inc had 337M shares outstanding in Q2 2026. This represents an increase of 0.1% from the same quarter a year earlier. Against the prior quarter it is up 0.1%.

Margins & Returns

Gross Margin

53.0%

YoY+0.6pp

QoQ+0.1pp

5Y change-2.1pp

Sirius XM Holdings, Inc's gross margin was 53.0% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is up 0.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.1 percentage points.

Operating Margin

21.9%

YoY+4.8pp

QoQ+0.1pp

5Y change-8.6pp

10Y change-7.5pp

Sirius XM Holdings, Inc's operating margin was 21.9% in Q2 2026, reflecting core business profitability. This is up 4.8 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.1 percentage points.

Net Margin

11.1%

YoY+1.5pp

QoQ-0.7pp

5Y change-9.0pp

10Y change-3.1pp

Sirius XM Holdings, Inc's net profit margin was 11.1% in Q2 2026, showing the share of revenue converted to profit. This is up 1.5 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.7 percentage points.

Return on Equity

2.0%

YoY+0.2pp

QoQ-0.1pp

Sirius XM Holdings, Inc's quarterly ROE was 2.0% in Q2 2026: one quarter's net income over shareholder equity, not annualized. This is up 0.2 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.1 percentage points.

Capital Allocation

R&D Spending

$56.0M

YoY0.0%

QoQ-18.8%

5Y CAGR-2.9%

Sirius XM Holdings, Inc invested $56.0M in research and development in Q2 2026. That is unchanged from the same quarter a year earlier. Against the prior quarter it is down 18.8%.

Share Buybacks

$6.0M

YoY-86.7%

QoQ-72.7%

5Y CAGR-55.2%

10Y CAGR-34.3%

Sirius XM Holdings, Inc spent $6.0M on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 86.7% from the same quarter a year earlier. Against the prior quarter it is down 72.7%.

Capital Expenditures

$130.0M

YoY-10.3%

QoQ+23.8%

5Y CAGR+8.6%

10Y CAGR+13.4%

Sirius XM Holdings, Inc invested $130.0M in capex in Q2 2026, funding long-term assets and infrastructure. This represents a decrease of 10.3% from the same quarter a year earlier. Against the prior quarter it is up 23.8%.

SIRI Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

SIRI quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$8.6B	$8.6B-1.6%	$8.7B-2.8%	$9.0B-0.6%	$9.0B+3.5%	$8.7B+8.2%	$8.0B+3.2%	$7.8B+35.1%	$5.8B+6.4%	$5.4B+8.1%	$5.0B+9.8%	$4.6B+9.3%	$4.2B+10.1%	$3.8B+11.7%	$3.4B+12.9%	$3.0B
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$3.4B	N/A	$35.4M-13.3%	$40.9M-4.3%	$42.7M-3.8%	$44.4M+67.7%	$26.5M-16.6%	$31.8M-4.0%	$33.1M
Gross Profit	$4.5B	$4.5B-2.8%	$4.6B-3.6%	$4.8B-2.6%	$4.9B+3.1%	$4.8B+5.9%	$4.5B+2.1%	$4.4B	N/A	$5.4B+8.3%	$5.0B+9.9%	$4.5B+9.4%	$4.1B+9.7%	$3.8B+11.9%	$3.4B+13.0%	$3.0B
R&D Expenses	$259.0M	$263.0M-11.1%	$296.0M-8.1%	$322.0M+13.0%	$285.0M+7.5%	$265.0M+0.8%	$263.0M-6.1%	$280.0M+127.6%	$123.0M+9.8%	$112.0M+36.3%	$82.1M+49.5%	$54.9M+1.5%	$54.1M+7.0%	$50.6M+18.7%	$42.6M-12.3%	$48.6M
SG&A Expenses	$1.3B	$1.3B-5.9%	$1.4B-9.6%	$1.5B-6.0%	$1.6B+4.3%	$1.6B+6.9%	$1.5B+0.5%	$1.5B+74.3%	$838.0M+8.4%	$773.0M+6.2%	$727.8M+7.2%	$679.0M+7.7%	$630.4M+14.0%	$553.2M+8.3%	$510.8M+10.7%	$461.5M
Operating Income	$1.6B	$1.5Bn/m	-$1.5B-183.9%	$1.8B-5.8%	$1.9B-4.8%	$2.0B+134.8%	$858.0M-47.9%	$1.6B-4.6%	$1.7B+5.2%	$1.6B+14.6%	$1.4B+21.5%	$1.2B+5.3%	$1.1B+7.2%	$1.0B+19.8%	$872.0M+29.0%	$676.1M
EBITDA	N/A	$1.9Bn/m	-$1.1B-148.0%	$2.2B-3.7%	$2.3B-3.2%	$2.4B+97.5%	$1.2B-38.6%	$2.0B-1.5%	$2.0B+5.4%	$1.9B+15.1%	$1.7B+18.1%	$1.4B+0.9%	$1.4B+6.8%	$1.3B+14.0%	$1.1B+20.6%	$944.0M
Interest Expense	$450.0M	$459.0M-7.5%	$496.0M-7.1%	$534.0M+6.2%	$503.0M+21.2%	$415.0M+5.3%	$394.0M+1.0%	$390.0M+11.4%	$350.0M+1.2%	$346.0M+4.5%	$331.2M+10.7%	$299.1M+11.2%	$269.0M+31.4%	$204.7M-22.9%	$265.3M-13.0%	$304.9M
Income Tax	$281.0M	$251.0M+19.5%	$210.0M-5.4%	$222.0M-39.7%	$368.0M+73.6%	$212.0M-29.1%	$299.0M+5.7%	$283.0M+15.5%	$245.0M-60.2%	$616.0M+78.2%	$345.7M-9.6%	$382.2M+13.2%	$337.5M+29.9%	$259.9Mn/m	-$3.0B-21163.9%	$14.2M
Net Income	$880.0M	$805.0Mn/m	-$1.7B-311.8%	$786.0M-13.4%	$908.0M-30.9%	$1.3B+903.1%	$131.0M-85.7%	$914.0M-22.3%	$1.2B+81.5%	$648.0M-13.1%	$745.9M+46.3%	$509.7M+3.3%	$493.2M+30.8%	$377.2M-89.1%	$3.5B+713.4%	$427.0M
EPS (Basic)	N/A	$2.38n/m	-$6.14	$2.91-9.6%	$3.22	$0.32+966.7%	$0.03-85.0%	$0.20-23.1%	$0.26+85.7%	$0.14-6.7%	$0.15+66.7%	$0.090.0%	$0.09+50.0%	$0.06-89.1%	$0.55+685.7%	$0.07
EPS (Diluted)	$2.50	$2.23n/m	-$6.14	$2.77-6.4%	$2.96	$0.32+966.7%	$0.03-85.0%	$0.20-23.1%	$0.26+85.7%	$0.14-6.7%	$0.15+66.7%	$0.09+12.5%	$0.08+33.3%	$0.06-88.2%	$0.51+628.6%	$0.07
Diluted Shares (Avg)	N/A	357M+5.6%	338M	362M-1.6%	368M	4.14B-6.5%	4.43B-4.1%	4.62B+1.2%	4.56B-3.5%	4.72B-4.8%	4.96B-8.7%	5.44B-7.3%	5.86B-8.2%	6.38B-7.1%	6.87B+5.7%	6.50B

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$2.2B+1.0%	$2.1B+1.1%	$2.2B+0.2%	$2.2B-0.6%	$2.1B-1.8%	$2.1B-4.3%	$2.2B-4.4%	$2.2B-4.4%
Gross Profit	$1.1B+2.1%	$1.1B+2.7%	$1.2B+0.5%	$1.1B-2.4%	$1.1B-3.9%	$1.1B-5.3%	$1.2B-6.2%	$1.2B-5.8%
R&D Expenses	$56.0M0.0%	$69.0M-5.5%	$72.0M+1.4%	$62.0M-8.8%	$56.0M-21.1%	$73.0M-15.1%	$71.0M-19.3%	$68.0M-5.6%
SG&A Expenses	$324.0M-7.7%	$309.0M-1.0%	$341.0M+0.6%	$305.0M-14.1%	$351.0M+2.0%	$312.0M-11.6%	$339.0M-18.3%	$355.0M-5.6%
Operating Income	$472.0M+29.3%	$454.0M+17.3%	$226.0M-55.2%	$493.0Mn/m	$365.0M-22.5%	$387.0M-5.4%	$504.0M+29.6%	-$2.9B-649.4%
EBITDA	$606.0M+33.2%	$574.0M+14.8%	$335.0M-43.6%	$603.0Mn/m	$455.0M-23.7%	$500.0M-4.9%	$594.0M+15.1%	-$2.8B-546.8%
Interest Expense	$112.0M-3.4%	$112.0M-4.3%	$111.0M-5.1%	$115.0M-7.3%	$116.0M-7.9%	$117.0M-9.3%	$117.0M-37.1%	$124.0M-7.5%
Income Tax	$73.0M+23.7%	$81.0M+24.6%	$36.0M-65.7%	$91.0Mn/m	$59.0M-22.4%	$65.0M-4.4%	$105.0M+1650.0%	-$39.0M-149.4%
Net Income	$239.0M+16.6%	$245.0M+20.1%	$99.0M-65.6%	$297.0Mn/m	$205.0M-32.6%	$204.0M+2.5%	$288.0M+3100.0%	-$2.5B-1149.6%
EPS (Basic)	$0.71+16.4%	$0.73+21.7%	$0.29-66.7%	$0.88n/m	$0.61	$0.60	$0.87	-$8.74
EPS (Diluted)	$0.70+22.8%	$0.72+22.0%	$0.24-72.4%	$0.84n/m	$0.57	$0.59	$0.87	-$8.74
Diluted Shares (Avg)	342M-4.2%	338M-5.3%	N/A	356M+5.0%	357M	357M	N/A	339M

Not reported in any period shown, so not listed: Cost of Revenue.

SIRI Balance Sheet

SIRI quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$27.2B-1.0%	$27.5B-8.4%	$30.1B+199.9%	$10.0B-2.5%	$10.3B-0.6%	$10.3B-7.3%	$11.1B+36.4%	$8.2B-1.9%	$8.3B+4.1%	$8.0B-0.5%	$8.0B-3.9%	$8.4B-5.4%	$8.8B-2.3%	$9.1B+20.8%	$7.5B
Current Assets	$1.1B-4.4%	$1.1B-15.6%	$1.4B+31.1%	$1.0B-12.0%	$1.2B+22.0%	$967.0M-3.6%	$1.0B+109.8%	$478.0M+1.5%	$470.9M-26.7%	$642.6M+14.4%	$561.9M-63.7%	$1.5B+9.2%	$1.4B-22.4%	$1.8B+43.2%	$1.3B
Cash & Equivalents	$94.0M-42.0%	$162.0M-47.1%	$306.0M-15.5%	$362.0M+89.5%	$191.0M+169.0%	$71.0M-33.0%	$106.0M+96.3%	$54.0M-21.7%	$69.0M-67.8%	$214.0M+91.3%	$111.8M-24.3%	$147.7M+9.6%	$134.8M-74.1%	$520.9M-32.7%	$774.0M
Short-Term Investments	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0
Inventory	N/A	N/A	N/A	N/A	N/A	$10.0M-9.1%	$11.0M-50.0%	$22.0M+8.9%	$20.2M-0.8%	$20.4M-8.7%	$22.3M+14.9%	$19.4M+39.9%	$13.9M-45.3%	$25.3M-31.0%	$36.7M
Accounts Receivable	$671.0M+12.6%	$596.0M-3.2%	$616.0M+7.3%	$574.0M-8.3%	$626.0M+12.0%	$559.0M+5.1%	$532.0M+442.9%	$98.0M+7.9%	$90.8M-6.4%	$97.1M+4.8%	$92.6M-1.3%	$93.8M-51.4%	$192.9M+81.7%	$106.1M+4.4%	$101.7M
Long-Term Investments	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0
Goodwill	$12.4B0.0%	$12.4B-18.5%	$15.2B	N/A	$3.2B+0.9%	$3.1B-18.8%	$3.8B+67.8%	$2.3B+0.1%	$2.3B+3.7%	$2.2B0.0%	$2.2B0.0%	$2.2B0.0%	$2.2B+21.4%	$1.8B-1.1%	$1.8B
Total Liabilities	$15.7B-4.7%	$16.4B-3.0%	$17.0B+26.8%	$13.4B+3.7%	$12.9B+2.2%	$12.6B+6.2%	$11.9B+19.0%	$10.0B+1.4%	$9.9B+12.0%	$8.8B+7.1%	$8.2B+16.3%	$7.1B+15.7%	$6.1B+21.6%	$5.0B-26.2%	$6.8B
Current Liabilities	$3.7B+33.8%	$2.7B-30.9%	$4.0B+32.5%	$3.0B0.0%	$3.0B-5.9%	$3.2B-3.8%	$3.3B+17.5%	$2.8B-0.7%	$2.8B+5.7%	$2.7B+6.9%	$2.5B+7.9%	$2.3B-15.5%	$2.7B+18.3%	$2.3B+3.0%	$2.2B
Non-Current Liabilities	$12.0B-12.4%	$13.7B+5.5%	$13.0B+25.1%	$10.4B+4.8%	$9.9B+5.0%	$9.5B+10.0%	$8.6B+19.5%	$7.2B+2.2%	$7.0B+14.8%	$6.1B+7.2%	$5.7B+20.5%	$4.7B+41.2%	$3.4B+24.4%	$2.7B-40.6%	$4.5B
Long-Term Debt	$8.6B-16.2%	$10.3B+2.4%	$10.1B+8.8%	$9.3B+4.8%	$8.8B+3.9%	$8.5B+8.4%	$7.8B+13.9%	$6.9B+2.1%	$6.7B+15.4%	$5.8B+7.3%	$5.4B+21.3%	$4.5B+45.0%	$3.1B+27.3%	$2.4B-19.3%	$3.0B
Total Equity	$11.6B+4.4%	$11.1B+9.9%	$10.1Bn/m	-$3.4Bn/m	-$2.6Bn/m	-$2.3Bn/m	-$736.0Mn/m	-$1.8Bn/m	-$1.5Bn/m	-$792.0Mn/m	-$166.5M-112.7%	$1.3B-52.3%	$2.7B-32.0%	$4.0B+473.7%	$704.1M
Retained Earnings	$11.6B+4.4%	$11.1B-27.6%	$15.4Bn/m	-$3.4Bn/m	-$2.6Bn/m	-$2.3Bn/m	-$1.1Bn/m	-$2.1Bn/m	-$3.2Bn/m	-$3.9Bn/m	-$4.9Bn/m	-$5.4Bn/m	-$5.9Bn/m	-$6.3Bn/m	-$9.8B

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$27.2B-0.5%	$27.1B-1.0%	$27.2B-1.0%	$27.4B-0.3%	$27.3B+144.3%	$27.4B+145.4%	$27.5B-8.4%	$27.5B+171.3%
Current Assets	$1.2B+10.9%	$1.1B+1.3%	$1.1B-4.4%	$1.1B-4.3%	$1.0B-5.0%	$1.0B-3.1%	$1.1B-15.6%	$1.1B+8.8%
Cash & Equivalents	$174.0M+89.1%	$75.0M-40.9%	$94.0M-42.0%	$79.0M-37.8%	$92.0M-51.1%	$127.0M-5.9%	$162.0M-47.1%	$127.0M-61.2%
Short-Term Investments	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m
Accounts Receivable	$627.0M+9.8%	$596.0M+14.8%	$671.0M+12.6%	$599.0M+1.0%	$571.0M+3.3%	$519.0M-3.7%	$596.0M-3.2%	$593.0M+2.4%
Long-Term Investments	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m
Goodwill	$12.4B0.0%	$12.4B0.0%	$12.4B0.0%	$12.4B0.0%	$12.4B+281.3%	$12.4B+281.3%	$12.4B-18.5%	$12.4B+281.3%
Total Liabilities	$15.3B-4.5%	$15.4B-4.9%	$15.7B-4.7%	$15.8B-4.7%	$16.0B+20.3%	$16.2B+19.7%	$16.4B-3.0%	$16.6B+27.7%
Current Liabilities	$2.5B-1.5%	$2.4B-2.7%	$3.7B+33.8%	$3.5B+13.1%	$2.6B+0.5%	$2.5B-19.7%	$2.7B-30.9%	$3.1B-3.1%
Non-Current Liabilities	$12.7B-5.1%	$13.0B-5.3%	$12.0B-12.4%	$12.4B-8.7%	$13.4B+25.0%	$13.7B+31.4%	$13.7B+5.5%	$13.6B+37.5%
Long-Term Debt	$9.5B-6.7%	$9.7B-6.9%	$8.6B-16.2%	$9.0B-11.0%	$10.1B+12.1%	$10.4B+19.3%	$10.3B+2.4%	$10.1B+14.9%
Total Equity	$11.9B+5.1%	$11.7B+4.6%	$11.6B+4.4%	$11.6B+6.4%	$11.3Bn/m	$11.2Bn/m	$11.1B+9.9%	$10.9Bn/m
Retained Earnings	$11.9B+4.7%	$11.8B+4.5%	$11.6B+4.4%	$11.6B+6.6%	$11.4Bn/m	$11.3Bn/m	$11.1B-27.6%	$10.9Bn/m

Not reported in any period shown, so not listed: Inventory.

SIRI Cash Flow Statement

SIRI quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$2.1B	$1.9B+9.0%	$1.7B-4.8%	$1.8B-7.7%	$2.0B-0.9%	$2.0B-1.0%	$2.0B0.0%	$2.0B+7.3%	$1.9B+1.3%	$1.9B+8.0%	$1.7B+38.2%	$1.2B-0.7%	$1.3B+13.6%	$1.1B+36.7%	$806.8M+48.4%	$543.6M
Depreciation & Amortization	N/A	$422.0M-5.2%	$445.0M+4.7%	$425.0M+6.5%	$399.0M+5.3%	$379.0M+7.1%	$354.0M+8.3%	$327.0M+17.6%	$278.0M+6.5%	$261.0M+18.4%	$220.4M0.0%	$220.5M-17.2%	$266.4M+5.2%	$253.3M-4.9%	$266.3M-0.6%	$267.9M
Stock-Based Compensation	N/A	$179.0M-10.5%	$200.0M-1.5%	$203.0M-2.9%	$209.0M+3.5%	$202.0M-9.4%	$223.0M-10.8%	$250.0M+88.0%	$133.0M+7.3%	$124.0M+14.2%	$108.6M+28.8%	$84.3M+7.8%	$78.2M+13.6%	$68.9M+7.9%	$63.8M+20.0%	$53.2M
Capital Expenditures	$554.0M	$653.0M-10.3%	$728.0M+12.0%	$650.0M+52.6%	$426.0M+9.8%	$388.0M+10.9%	$350.0M-3.6%	$363.0M+2.3%	$355.0M+23.3%	$288.0M+39.9%	$205.8M+52.6%	$134.9M+10.9%	$121.6M-29.9%	$173.6M+78.4%	$97.3M-29.2%	$137.4M
Free Cash Flow	$1.5B	$1.2B+22.9%	$1.0B-14.1%	$1.2B-24.2%	$1.6B-3.4%	$1.6B-3.5%	$1.7B+0.8%	$1.7B+8.5%	$1.5B-2.7%	$1.6B+3.6%	$1.5B+36.4%	$1.1B-2.0%	$1.1B+21.8%	$929.2M+31.0%	$709.5M+74.7%	$406.2M
Investing Cash Flow	-$675.0M	-$747.0Mn/m	-$970.0Mn/m	-$696.0Mn/m	-$493.0Mn/m	-$200.0Mn/m	-$741.0Mn/m	-$3.0Mn/m	-$379.0Mn/m	-$1.1Bn/m	-$210.1M	N/A	N/A	N/A	-$97.3Mn/m	-$127.9M
Financing Cash Flow	-$1.3B	-$1.2Bn/m	-$916.0Mn/m	-$1.2Bn/m	-$1.7Bn/m	-$1.7Bn/m	-$1.3Bn/m	-$2.0Bn/m	-$1.5Bn/m	-$854.0Mn/m	-$1.4B	N/A	N/A	N/A	-$962.5Mn/m	-$228.4M
Dividends Paid	$364.0M	$365.0M+155.2%	$143.0M+120.0%	$65.0M-73.9%	$249.0M-7.1%	$268.0M+13.1%	$237.0M+4.9%	$226.0M+12.4%	$201.0M+5.8%	$190.0M+295.2%	$48.1Mn/m	$0n/m	$0n/m	$0-100.0%	$327.1Mn/m	$0
Share Buybacks	$94.0M	$136.0M+2166.7%	$6.0M-97.8%	$274.0M-57.7%	$647.0M-57.5%	$1.5B-2.1%	$1.6B-28.0%	$2.2B+64.3%	$1.3B-6.7%	$1.4B-15.8%	$1.7B-17.1%	$2.0B-19.2%	$2.5B+41.7%	$1.8Bn/m	$0n/m	$0

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	$722.0M+32.2%	$271.0M+12.0%	$680.0M+0.1%	$430.0M+39.2%	$546.0M+11.7%	$242.0M-8.3%	$679.0M+28.6%	$309.0M-38.2%
Depreciation & Amortization	$134.0M+48.9%	$120.0M+6.2%	$109.0M+19.8%	$110.0M-2.7%	$90.0M-28.0%	$113.0M-3.4%	$91.0M-20.9%	$113.0M+17.7%
Stock-Based Compensation	$48.0M+2.1%	$54.0M+8.0%	N/A	$42.0M-27.6%	$47.0M-2.1%	$50.0M+4.2%	N/A	$58.0M+1.8%
Capital Expenditures	$130.0M-10.3%	$105.0M-44.4%	$144.0M-12.7%	$175.0M-19.0%	$145.0M-16.2%	$189.0M+8.6%	$165.0M+27.9%	$216.0M+14.9%
Free Cash Flow	$592.0M+47.6%	$166.0M+213.2%	$536.0M+4.3%	$255.0M+174.2%	$401.0M+26.9%	$53.0M-41.1%	$514.0M+28.8%	$93.0M-70.2%
Investing Cash Flow	-$152.0Mn/m	-$173.0Mn/m	-$159.0Mn/m	-$191.0Mn/m	-$162.0Mn/m	-$235.0Mn/m	-$178.0Mn/m	-$242.0Mn/m
Financing Cash Flow	-$471.0Mn/m	-$117.0Mn/m	-$506.0Mn/m	-$252.0Mn/m	-$419.0Mn/m	-$42.0Mn/m	-$466.0Mn/m	-$136.0Mn/m
Dividends Paid	$91.0M-1.1%	$91.0M0.0%	$91.0M-1.1%	$91.0M+435.3%	$92.0M+441.2%	$91.0M+435.3%	$92.0M+441.2%	$17.0M
Share Buybacks	$6.0M-86.7%	$22.0M-12.0%	$45.0M+650.0%	$21.0Mn/m	$45.0Mn/m	$25.0Mn/m	$6.0Mn/m	$0-100.0%

SIRI Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

SIRI quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Gross Margin	52.4%-0.6pp	53.1%-0.4pp	53.5%-1.1pp	54.6%-0.3pp	54.9%-1.1pp	56.0%-0.6pp	56.6%	N/A	99.4%+0.2pp	99.2%+0.1pp	99.1%+0.1pp	98.9%-0.4pp	99.3%+0.2pp	99.1%+0.2pp	98.9%
Operating Margin	17.2%+34.6pp	-17.4%-37.6pp	20.2%-1.1pp	21.3%-1.8pp	23.2%+12.5pp	10.7%-10.5pp	21.1%-8.8pp	29.9%-0.3pp	30.3%+1.7pp	28.5%+2.7pp	25.8%-1.0pp	26.8%-0.7pp	27.5%+1.9pp	25.6%+3.2pp	22.4%
Net Margin	9.4%+28.5pp	-19.1%-27.9pp	8.8%-1.3pp	10.1%-5.0pp	15.1%+13.5pp	1.6%-10.1pp	11.7%-8.7pp	20.4%+8.4pp	11.9%-2.9pp	14.9%+3.7pp	11.2%-0.6pp	11.8%+1.9pp	9.9%	102.1%	14.2%
Return on Equity	7.0%+22.0pp	-15.0%-22.8pp	7.8%	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	37.7%+23.9pp	13.7%-72.2pp	86.0%+25.3pp	60.6%
Return on Assets	3.0%+9.0pp	-6.0%-8.7pp	2.6%-6.4pp	9.1%-3.7pp	12.8%+11.5pp	1.3%-6.9pp	8.2%-6.2pp	14.4%+6.6pp	7.8%-1.5pp	9.3%+3.0pp	6.3%+0.4pp	5.9%+1.6pp	4.3%-34.1pp	38.4%+32.6pp	5.7%
Current Ratio	0.30-0.1x	0.42+0.1x	0.340.0x	0.350.0x	0.40+0.1x	0.310.0x	0.30+0.1x	0.170.0x	0.17-0.1x	0.240.0x	0.23-0.4x	0.67+0.2x	0.52-0.3x	0.79+0.2x	0.57
Debt-to-Equity	0.75-0.2x	0.93-0.1x	1.00	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	3.43+2.3x	1.13+0.5x	0.60-3.7x	4.28
Liabilities-to-Equity	1.36-0.1x	1.49-0.2x	1.68	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	5.39+3.2x	2.22+1.0x	1.24-8.4x	9.65
Asset Turnover	0.310.0x	0.320.0x	0.30-0.6x	0.90+0.1x	0.85+0.1x	0.78+0.1x	0.700.0x	0.71+0.1x	0.650.0x	0.63+0.1x	0.57+0.1x	0.50+0.1x	0.43+0.1x	0.380.0x	0.40
FCF Margin	14.5%+2.9pp	11.7%-1.5pp	13.2%-4.1pp	17.3%-1.2pp	18.5%-2.2pp	20.8%-0.5pp	21.2%-5.2pp	26.4%-2.5pp	28.9%-1.3pp	30.2%+5.9pp	24.3%-2.8pp	27.1%+2.6pp	24.5%+3.6pp	20.8%+7.4pp	13.5%

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Gross Margin	53.0%+0.6pp	52.8%+0.8pp	53.1%+0.2pp	52.3%-1.0pp	52.4%-1.1pp	52.0%-0.5pp	52.9%-1.0pp	53.3%-0.8pp
Operating Margin	21.9%+4.8pp	21.7%+3.0pp	10.3%-12.7pp	22.8%	17.1%-4.6pp	18.7%-0.2pp	23.0%+6.0pp	-133.6%
Net Margin	11.1%+1.5pp	11.7%+1.9pp	4.5%-8.6pp	13.8%	9.6%-4.4pp	9.9%+0.7pp	13.2%+12.8pp	-113.1%
Return on Equity	2.0%+0.2pp	2.1%+0.3pp	0.9%-1.7pp	2.6%+25.2pp	1.8%	1.8%	2.6%+2.5pp	-22.6%
Return on Assets	0.9%+0.1pp	0.9%+0.2pp	0.4%-0.7pp	1.1%+10.0pp	0.8%-2.0pp	0.7%-1.0pp	1.1%+1.0pp	-8.9%-11.2pp
Current Ratio	0.46+0.1x	0.440.0x	0.30-0.1x	0.31-0.1x	0.410.0x	0.42+0.1x	0.42+0.1x	0.370.0x
Debt-to-Equity	0.79-0.1x	0.83-0.1x	0.75-0.2x	0.78-0.2x	0.89	0.93	0.93-0.1x	0.93
Liabilities-to-Equity	1.28-0.1x	1.31-0.1x	1.36-0.1x	1.37-0.2x	1.41	1.45	1.49-0.2x	1.53
Asset Turnover	0.080.0x	0.080.0x	0.080.0x	0.080.0x	0.08-0.1x	0.08-0.1x	0.080.0x	0.08-0.1x
FCF Margin	27.4%+8.7pp	7.9%+5.4pp	24.4%+1.0pp	11.8%+7.5pp	18.8%+4.2pp	2.6%-1.6pp	23.5%+6.0pp	4.3%-9.5pp

Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin.

Note: The current ratio is below 1.0 (0.30), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Sirius XM Holdings, Inc SIRI	FY2025	$8.6B	$805.0M	9.4%	$9.3B	33/100
Banzai International, Inc. PARA	FY2025	$12.2M	-$22.5M	N/A	$2.2M	35/100
Madison Square Garden Sports Corp. MSGS	FY2026	$1.2B	$7.8M	0.7%	$9.4B	39/100
iQIYI, Inc. IQ	FY2025	$3.9B	-$29.5M	-0.8%	$889.0M	22/100
Sphere Entertainment Co. SPHR	FY2025	$1.2B	$33.4M	2.7%	$3.9B	41/100

Where Sirius XM Holdings, Inc Ranks

Frequently Asked Questions

What is Sirius XM Holdings, Inc's annual revenue?

Sirius XM Holdings, Inc (SIRI) reported $8.6B in total revenue for fiscal year 2025. This represents a -1.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Sirius XM Holdings, Inc's revenue growing?

Sirius XM Holdings, Inc (SIRI) revenue declined by 1.6% year-over-year, from $8.7B to $8.6B in fiscal year 2025.

Is Sirius XM Holdings, Inc profitable?

Yes, Sirius XM Holdings, Inc (SIRI) reported a net income of $880.0M over the trailing 12 months to June 30, 2026. In fiscal year 2025 it reported a net income of $805.0M, with a net profit margin of 9.4%.

What is Sirius XM Holdings, Inc's EBITDA?

Sirius XM Holdings, Inc (SIRI) had EBITDA of $1.9B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Sirius XM Holdings, Inc have?

As of fiscal year 2025, Sirius XM Holdings, Inc (SIRI) had $94.0M in cash and equivalents against $8.6B in long-term debt.

What is Sirius XM Holdings, Inc's gross margin?

Sirius XM Holdings, Inc (SIRI) had a gross margin of 52.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Sirius XM Holdings, Inc's operating margin?

Sirius XM Holdings, Inc (SIRI) had an operating margin of 17.2% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Sirius XM Holdings, Inc's net profit margin?

Sirius XM Holdings, Inc (SIRI) had a net profit margin of 9.4% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Sirius XM Holdings, Inc's return on equity (ROE)?

Sirius XM Holdings, Inc (SIRI) has a return on equity of 7.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Sirius XM Holdings, Inc's free cash flow?

Sirius XM Holdings, Inc (SIRI) generated $1.2B in free cash flow during fiscal year 2025. This represents a 22.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Sirius XM Holdings, Inc's operating cash flow?

Sirius XM Holdings, Inc (SIRI) generated $1.9B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Sirius XM Holdings, Inc's total assets?

Sirius XM Holdings, Inc (SIRI) had $27.2B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Sirius XM Holdings, Inc's capital expenditures?

Sirius XM Holdings, Inc (SIRI) invested $653.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How much does Sirius XM Holdings, Inc spend on research and development?

Sirius XM Holdings, Inc (SIRI) invested $263.0M in research and development during fiscal year 2025.

Does Sirius XM Holdings, Inc buy back shares?

Yes, Sirius XM Holdings, Inc (SIRI) spent $136.0M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Sirius XM Holdings, Inc have outstanding?

Sirius XM Holdings, Inc (SIRI) had 335M shares outstanding as of fiscal year 2025.

What is Sirius XM Holdings, Inc's current ratio?

Sirius XM Holdings, Inc (SIRI) had a current ratio of 0.30 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is Sirius XM Holdings, Inc's debt-to-equity ratio?

Sirius XM Holdings, Inc (SIRI) had a debt-to-equity ratio of 0.75 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.

What is Sirius XM Holdings, Inc's liabilities-to-equity ratio?

Sirius XM Holdings, Inc (SIRI) had a liabilities-to-equity ratio of 1.36 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.

What is Sirius XM Holdings, Inc's return on assets (ROA)?

Sirius XM Holdings, Inc (SIRI) had a return on assets of 3.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Sirius XM Holdings, Inc's P/E ratio?

Sirius XM Holdings, Inc (SIRI) trades at 10.6x earnings, its market capitalization divided by $880.0M net income, trailing 12 months to June 30, 2026. The market capitalization is $9.3B as of Oct 23, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Sirius XM Holdings, Inc's price-to-sales ratio?

Sirius XM Holdings, Inc (SIRI) trades at 1.1x sales, its market capitalization divided by $8.6B revenue, trailing 12 months to June 30, 2026. The market capitalization is $9.3B as of Oct 23, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Sirius XM Holdings, Inc's Altman Z-Score?

Sirius XM Holdings, Inc (SIRI) has an Altman Z-Score of 1.33, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Sirius XM Holdings, Inc's Piotroski F-Score?

Sirius XM Holdings, Inc (SIRI) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Sirius XM Holdings, Inc's earnings high quality?

Sirius XM Holdings, Inc (SIRI) has an earnings quality ratio of 2.36x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Sirius XM Holdings, Inc cover its interest payments?

Sirius XM Holdings, Inc (SIRI) has an interest coverage ratio of 3.20x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Sirius XM Holdings, Inc?

Sirius XM Holdings, Inc (SIRI) scores 33 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is the average of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.