SuperworthSirius XM profit margin SIRI
Gross, operating and net profit as a share of revenue over the last twelve months, from 2010.
- Net margin, 12 months
- 10.2%
- Operating margin, 12 months
- 19.1%
- Net margin on a year earlier
- +30.8 pts
- Peer median
- 9.1%
Over the twelve months to Jun 30, 2026, Sirius XM kept 10.2% of its revenue as net profit, with an operating margin of 19.1% and a gross margin of 52.2%.
Five years earlier its net margin was 2.9%.
The median for 10 communication services stocks of a similar size is 9.1%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 9.4% | 17.2% | 51.9% |
| FY2024 | −19.2% | −17.4% | 52.6% |
| FY2023 | 12.6% | 21.3% | 53.0% |
| FY2022 | 13.5% | 22.6% | 54.1% |
| FY2021 | 15.1% | 23.2% | 54.4% |
| FY2020 | 1.6% | 10.7% | 55.5% |
| FY2019 | 11.7% | 21.1% | 56.0% |
| FY2018 | 20.4% | 29.9% | 60.0% |
| FY2017 | 11.9% | 30.2% | 61.3% |
| FY2016 | 14.9% | 28.5% | 60.3% |
| FY2015 | 11.2% | 25.8% | 59.7% |
| FY2014 | 11.8% | 26.8% | 35.8% |
| FY2013 | 9.9% | 27.5% | 63.3% |
| FY2012 | n/a | 25.6% | 63.9% |
| FY2011 | 14.2% | 22.4% | 62.8% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 10.2% | +30.8 pts | 19.1% | |
| Q1 FY26 | 9.9% | +29.2 pts | 17.9% | |
| Q4 FY25 | 9.4% | +28.6 pts | 17.2% | |
| Q3 FY25 | 11.6% | +29.8 pts | 20.5% | |
| Q2 FY25 | −20.5% | −32.8 pts | −19.2% | |
| Q1 FY25 | −19.3% | −31.5 pts | −17.9% | |
| Q4 FY24 | −19.2% | −31.8 pts | −17.4% | |
| Q3 FY24 | −18.2% | −31.0 pts | −17.4% | |
| Q2 FY24 | 12.2% | −0.7 pts | 21.3% | |
| Q1 FY24 | 12.2% | −0.5 pts | 21.3% | |
| Q4 FY23 | 12.6% | −0.9 pts | 21.3% | |
| Q3 FY23 | 12.8% | −0.2 pts | 22.1% |
Against its peers
Companies in Communication Services nearest Sirius XM's size, closest first, today.
| Company | Profit margin |
|---|---|
| SIRISirius XM | 10.2% |
| NYTNew York Times | 13.2% |
| CHTRCharter Communications | 9.1% |
| CHDNChurchill Downs | 13.8% |
| WMGWarner Music | 9.2% |
| MTNVail Resorts | 5.2% |
| NWSANews | 6.3% |
| NXSTNexstar Media | 3.2% |
| IRDMIridium Communications | 18.1% |
| CNKCinemark | 6.4% |
| TDSTelephone & Data Systems | 33.2% |
| Peer median | 9.1% |
Where Sirius XM ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Sirius XM
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.