Sirius XM Holdings Inc. splits its revenue 2 ways in its filings. By operating segments, the largest line in fiscal 2025, which ended Dec 31, 2025 was Sirius XM at $6.4 billion, 75% of the total. By sales mix, the largest line in fiscal 2025, which ended Dec 31, 2025 was Subscription And Circulation at $6.5 billion, 76% of the total.
USD in millions. The percent under a figure is the change from the year before.
| Line |
FY 2026
Sep 30, 2026
|
FY 2025
Dec 31, 2025
|
FY 2024
Dec 31, 2024
|
FY 2023
Dec 31, 2023
|
FY 2022
Dec 31, 2022
|
FY 2021
Dec 31, 2021
|
FY 2020
Dec 31, 2020
|
FY 2019
Dec 31, 2019
|
FY 2018
Dec 31, 2018
|
FY 2017
Dec 31, 2017
|
FY 2016
Dec 31, 2016
|
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
8,597
|
8,558
|
8,699
|
8,953
|
9,003
|
8,696
|
8,040
|
7,794
|
5,771
|
5,425
|
5,017
|
| Operating segments | |||||||||||
| Sirius XM |
6,422
-0.1%
share 74.7%
|
6,417
-2.1%
share 75.0%
|
6,553
-4.2%
share 75.3%
|
6,840
-0.9%
share 76.4%
|
6,905
+4.2%
share 76.7%
|
6,624
+4.4%
share 76.2%
|
6,342
+2.5%
share 78.9%
|
6,187
share 79.4%
|
—
|
—
|
—
|
| Pandora And Off Platform |
2,175
+2.3%
share 25.3%
|
2,141
-0.2%
share 25.0%
|
2,146
+1.6%
share 24.7%
|
2,113
+0.7%
share 23.6%
|
2,098
+1.3%
share 23.3%
|
2,072
+22.0%
share 23.8%
|
1,698
+5.7%
share 21.1%
|
1,607
share 20.6%
|
—
|
—
|
—
|
| Sales mix | |||||||||||
| Subscription And Circulation |
6,506
+0.2%
share 75.7%
|
6,486
-2.0%
share 75.8%
|
6,616
-3.6%
share 76.1%
|
6,866
-0.4%
share 76.7%
|
6,892
+4.2%
share 76.6%
|
6,614
+3.8%
share 76.1%
|
6,372
+4.1%
share 79.3%
|
6,120
+16.3%
share 78.5%
|
5,264
+5.5%
share 91.2%
|
4,990
share 92.0%
|
—
|
| Advertising services |
1,808
+2.8%
share 21.0%
|
1,772
-0.1%
share 20.7%
|
1,773
+0.9%
share 20.4%
|
1,758
-0.8%
share 19.6%
|
1,772
+2.4%
share 19.7%
|
1,730
+29.1%
share 19.9%
|
1,340
+0.3%
share 16.7%
|
1,336
+610.6%
share 17.1%
|
188
+17.5%
share 3.3%
|
160
share 2.9%
|
—
|
| Cost Of Sales Equipment Products And Services |
161
-6.4%
share 1.9%
|
178
-2.2%
share 2.1%
|
182
-5.7%
share 2.1%
|
193
+2.1%
share 2.2%
|
189
-6.0%
share 2.1%
|
201
+16.2%
share 2.3%
|
173
+0.0%
share 2.2%
|
173
+11.6%
share 2.2%
|
155
+17.4%
share 2.7%
|
132
share 2.4%
|
—
|
| Other Revenue |
122
-5.4%
share 1.4%
|
122
-4.7%
share 1.4%
|
128
-5.9%
share 1.5%
|
136
-9.3%
share 1.5%
|
150
-0.7%
share 1.7%
|
151
-2.6%
share 1.7%
|
155
-6.1%
share 1.9%
|
165
+0.6%
share 2.1%
|
164
+14.7%
share 2.8%
|
143
share 2.6%
|
—
|
How these figures are calculated
Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.
Company profile
- Industry
- Radio Broadcasting Stations (SIC 4832)
- Listed as
- SIRI (Nasdaq)
- Fiscal year ends
- December 31
- Headquarters
- New York, NY
- SEC filer status
- Large accelerated filer
- SEC CIK
- 908937
- Former names
- SIRIUS XM HOLDINGS INC. (until Nov 3, 2026); SIRIUS XM RADIO INC. (until Nov 14, 2013); SIRIUS SATELLITE RADIO INC (until Aug 4, 2008); CD RADIO INC (until Oct 13, 1999)
Other Radio Broadcasting Stations companies
Source: SEC EDGAR filings. This is company-reported data, not investment advice.