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SIRI Financials Sirius Xm Holdings Inc.

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 1.3% per year over the past 5 years.
  • Net income has grown faster than revenue (43.8% vs 1.3% per year).
  • Operating margin has expanded, at 17.2% in the latest year.
  • Free cash flow has declined 5.7% per year over the past 5 years.

Financial health

  • Operating income covered interest expense 3.2× in the latest year.
Revenue & net income
-$2B $3B $9B $0 2011 2013 2015 2017 2019 2021 2023 2025
RevenueNet income
Margins (gross / operating / net)
-24% 38% 99% 0% 2011 2013 2015 2017 2019 2021 2023 2025
GrossOperatingNet
Return on equity & assets (ROE / ROA)
-306% -110% 86% 0% 2011 2013 2015 2017 2019 2021 2023 2025
ROEROA
Free cash flow (CFO − capex)
$0 $834M $2B 2011 2013 2015 2017 2019 2021 2023 2025
Free cash flow
Cash vs total debt
$0 $2B $3B 2011 2013 2015 2017 2019 2021 2023 2025
CashTotal debt
Cash flow: operating / investing / financing
-$2B $30M $2B $0 2011 2013 2015 2017 2019 2021 2023 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MROEROAFCFTotal debtCash
2025 $8.6B $805M 52.4% 17.2% 7.0% 3.0% $1.2B — $94M
2024 $8.7B -$2.1B 53.1% -17.4% -18.7% -7.5% $1.0B — $162M
2023 $9.0B $988M 53.5% 20.2% 9.8% 3.3% $1.2B — $306M
2022 $9.0B $1.1B 54.6% 21.3% -33.4% 11.2% $1.6B — $362M
2021 $8.7B $1.3B 54.9% 23.2% -51.0% 13.0% $1.6B — $191M
2020 $8.0B $131M 56.0% 10.7% -5.7% 1.3% $1.7B — $71M
2019 $7.8B $914M 56.6% 21.1% -124.2% 8.2% $1.7B — $106M
2018 $5.8B $1.2B 0.0% 29.9% -64.7% 14.4% $1.5B — $54M
2017 $5.4B $648M 99.3% 30.2% -42.6% 7.8% $1.6B — $69M
2016 $5.0B $746M 99.2% 28.5% -94.2% 9.3% $1.5B — $214M
2015 — $510M — — -306.2% 6.3% — — $112M
2014 — $493M — — 37.7% 5.9% — — $148M
2013 — $377M — — 13.7% 4.3% — — $135M
2012 — $3.5B — — 86.0% 38.4% $709M — $521M
2011 — $427M — — 60.6% 5.7% $406M $3.0B $774M

Valuation over time

How the market has priced SIRI against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / earnings (P/E)
0.0 6.2 12.4 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
P/E
Price / sales (P/S)
0.0 0.6 1.2 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
P/S

Frequently asked questions

Is SIRI growing its revenue and profit?

Over the past 5 years, Sirius Xm Holdings Inc.'s revenue has grown 1.3% per year, and net income grown 43.8% per year. These are computed facts, not advice.

How much debt does SIRI have?

As of FY2025, Sirius Xm Holdings Inc. reported — of total debt against $94M of cash; operating income covered interest expense 3.2×.

What is SIRI's profit margin?

In FY2025, gross margin was 52.4%, operating margin 17.2%, and net margin 9.4%.

What is SIRI's P/E ratio?

Sirius Xm Holdings Inc.'s P/E (TTM) is 11.05 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the SIRI stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 12.4× as of Nov '26) can differ. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.