Sirius XM Holdings Inc. (SIRI) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	8.6B	8.6B	8.7B	9.0B	9.0B
Cost of Revenue	4.6B	4.5B	4.5B	4.6B	4.5B
Gross Profit	4.0B	4.0B	4.2B	4.4B	4.5B
Operating Expenses
R&D Expense	203.0M	263.0M	296.0M	322.0M	285.0M
SG&A Expense	1.3B	1.3B	1.4B	1.5B	1.6B
General & Admin Expense	519.0M	549.0M	497.0M	550.0M	525.0M
Selling & Marketing Expense	760.0M	760.0M	894.0M	931.0M	1.1B
Other Expenses	840.0M	983.0M	4.0B	636.0M	600.0M
Total Operating Expenses	2.3B	2.6B	5.7B	2.4B	2.5B
Cost and Expenses	7.0B	7.1B	10.2B	7.0B	7.0B
Operating Income (EBIT)	1.7B	1.5B	(1.5B)	1.9B	2.0B
Non-Operating
Interest Income	—	—	—	—	—
Interest Expense	450.0M	459.0M	496.0M	423.0M	422.0M
Net Interest Income	(450.0M)	(459.0M)	(496.0M)	(423.0M)	(422.0M)
Other Non-Op Income/Expense	(490.0M)	(415.0M)	(348.0M)	(428.0M)	(431.0M)
Non-Operating Income (excl Interest)	(8.0M)	(44.0M)	(148.0M)	5.0M	9.0M
EBT (Pre-Tax Income)	1.2B	1.1B	(1.9B)	1.5B	1.6B
Income Tax Expense	281.0M	251.0M	210.0M	260.0M	392.0M
Bottom Line
Net Income	880.0M	805.0M	(1.7B)	1.3B	1.2B
Earnings from Cont. Ops	880.0M	805.0M	(2.1B)	1.3B	1.2B
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	880.0M	805.0M	(1.7B)	1.3B	1.2B
Per Share
Basic EPS	$2.61	$2.38	($4.93)	$3.26	$3.10
Diluted EPS	$2.54	$2.25	($4.93)	$3.24	$3.10
Revenue Per Share	$25.53	$25.32	$25.74	$23.21	$22.99
Shares
Basic Shares Outstanding	337.0M	338.0M	338.0M	385.8M	391.6M
Diluted Shares Outstanding	342.0M	357.0M	338.0M	388.8M	399.0M
Profitability Metrics
EBITDA	2.3B	2.1B	(747.0M)	2.5B	2.6B
D&A	629.0M	589.0M	622.0M	599.0M	585.0M
EBIT	1.7B	1.5B	(1.4B)	1.9B	2.0B

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026