Sirius XM Holdings Inc. (SIRI) FY2026 YTD Q2 P&L / Income Statement

Revenue by Business Segment by Product and Service

2026-01-01 to 2026-06-30

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Sirius XM Holdings Inc. (SIRI) FY2026 YTD Q2 P&L / Income StatementIncome statement for 2026-01-01 through 2026-06-30. View: Segments by Product and Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETSiriusXM - Subscriber revenuePandora and Off-platform - Advertising revenuePandora and Off-platform - Subscriber revenueSiriusXM - Other revenueSiriusXM - Advertising revenueTotal revenueGross profit (calculated)Cost of revenue (calculated)Cost of servicesIncome from operationsOperating expenses (calculated)Sales and marketingDepreciation and amortizationGeneral and administrativeSubscriber acquisition costsProduct and technologyImpairment, restructuring and other costsIncome before income taxesTotal other expenseNet incomeIncome tax expenseGross profit (calculated)Gross profit(calculated)$2.22 BTotal revenueTotal revenue$4.25 BIncome from operationsIncome from operations$926.00 MIncome before income taxesPretax income$638.00 MNet incomeNet income$484.00 MSiriusXM - Subscriber revenueSiriusXM - Subscriber revenue$2.99 BOperating expenses (calculated)Operating expenses(calculated)$1.30 BIncome tax expenseIncome tax expense$154.00 MSales and marketingSales and marketing$375.00 MTotal other expenseTotal other expense−$288.00 MCost of revenue (calculated)Cost of revenue(calculated)$2.03 BDepreciation and amortizationDepreciation and amortization$316.00 MPandora and Off-platform - Advertising revenuePandora and Off-platform- Advertising revenue$785.00 MGeneral and administrativeGeneral and administrative$258.00 MPandora and Off-platform - Subscriber revenuePandora and Off-platform- Subscriber revenue$259.00 MSubscriber acquisition costsSubscriber acquisition costs$209.00 MCost of servicesCost of services$2.03 BSiriusXM - Other revenueSiriusXM - Other revenue$140.00 MProduct and technologyProduct and technology$125.00 MSiriusXM - Advertising revenueSiriusXM - Advertising revenue$76.00 MImpairment, restructuring and other costsImpairment, restructuringand other costs$12.00 M
Chart details

Sirius XM Holdings Inc. (SIRI) FY2026 YTD Q2 P&L / Income Statement

Income statement for 2026-01-01 through 2026-06-30. View: Segments by Product and Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Total revenue
4,251,000,000 US dollars
Cost of revenue (calculated)
2,030,000,000 US dollars
Gross profit (calculated)
2,221,000,000 US dollars
Operating expenses (calculated)
1,295,000,000 US dollars
Income from operations
926,000,000 US dollars
Total other expense
negative 288,000,000 US dollars
Income before income taxes
638,000,000 US dollars
Income tax expense
154,000,000 US dollars
Net income
484,000,000 US dollars
Pandora and Off-platform - Other revenue
0 US dollars
Pandora and Off-platform - Advertising revenue
785,000,000 US dollars
Pandora and Off-platform - Subscriber revenue
259,000,000 US dollars
SiriusXM - Other revenue
140,000,000 US dollars
SiriusXM - Advertising revenue
76,000,000 US dollars
SiriusXM - Subscriber revenue
2,991,000,000 US dollars
Cost of services
2,030,000,000 US dollars
Subscriber acquisition costs
209,000,000 US dollars
Sales and marketing
375,000,000 US dollars
Product and technology
125,000,000 US dollars
General and administrative
258,000,000 US dollars
Depreciation and amortization
316,000,000 US dollars
Impairment, restructuring and other costs
12,000,000 US dollars

Chart connections

  • Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
  • Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
Sirius XM Holdings Inc. (SIRI) FY2026 YTD Q2 Revenue by Business Segment by Product and Service Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Gross margin

52.2%

Gross profit / revenue

Operating margin

21.8%

Operating profit / revenue

Cash conversion

205.2%

Operating cash / net income, same period

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