Filing Flows › Sirius XM Holdings (SIRI) › Operating margin
Sirius XM Holdings (SIRI) operating margin by quarter
Sirius XM Holdings' operating margin was 22.2% in Q3 2026 (third quarter 2026), +0.4 pts from Q2 2026. Over the last 7 quarters it ranged from 10.3% (Q4 2025) to 22.8% (Q3 2025).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 22.2% | +0.4 pts | -0.6 pts |
| Q2 2026 | 21.9% | +0.1 pts | +4.8 pts |
| Q1 2026 | 21.7% | +11.4 pts | +3.0 pts |
| Q4 2025 | 10.3% | -12.5 pts | — |
| Q3 2025 | 22.8% | +5.8 pts | — |
| Q2 2025 | 17.1% | -1.6 pts | — |
| Q1 2025 | 18.7% | — | — |
Q3 2026 at a glance
Sirius XM Holdings, Q3 2026: revenue $2.2B (-0.3% year over year), operating margin 22.2%, net earnings $317M, operating cash flow $457M. The chart follows the revenue to costs, profit and cash.
Questions
What is Sirius XM Holdings' operating margin?
Sirius XM Holdings' operating margin was 22.2% in Q3 2026 (third quarter 2026), +0.4 pts from Q2 2026.
How has Sirius XM Holdings' operating margin changed?
Over the last 7 quarters it ranged from 10.3% (Q4 2025) to 22.8% (Q3 2025).