Filing Flows › Sirius XM Holdings (SIRI) › Q3 2026
Sirius XM Holdings (SIRI) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 29, 2026
Sirius XM Holdings (SIRI) reported revenue of $2.2B for the third quarter 2026 (Q3 2026), -0.3% from a year earlier and -0.3% from the quarter before. Operating margin was 22.2%, net earnings $317M (14.7% of revenue).
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.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.2B | -0.3% | -0.3% |
| Gross profit | $1.1B | -0.7% | +0.7% |
| Operating profit | $479M | +1% | -3% |
| Net earnings | $317M | +33% | +7% |
| Operating cash flow | $457M | -37% | +6% |
| Free cash flow | $293M | — | +14% |
What changed
Revenue was $2.2B in Q3 2026, roughly flat year over year and roughly flat from the previous quarter. Subscriber revenue was the largest line at 76% of revenue. Equipment revenue lost $0.01B year over year (down 16%), 117% of the total change.
Gross margin was 52.8%, up 0.5 points from Q3 2025. Operating profit was $0.48B, a 22.2% margin (down 0.6 points year over year). Operating expenses grew 3% against flat revenue. Net earnings were $0.32B, up 7% year over year. The effective tax rate was 23.8%.
Operating cash flow was $0.46B (up 6% year over year), 144% of net earnings. Non-cash charges added back $0.14B of depreciation and amortization and $0.04B of share-based compensation. Working capital and other items used $0.03B. After itions to property and equipment, net ($0.16B), free cash flow as the company reports it was $0.29B.
Questions
What was Sirius XM Holdings' revenue in the third quarter 2026?
Sirius XM Holdings (SIRI) reported revenue of $2.2B for the third quarter 2026 (Q3 2026), -0.3% from a year earlier and -0.3% from the quarter before.
Was Sirius XM Holdings profitable in the third quarter 2026?
Operating profit was $479M (22.2% of revenue) and net earnings $317M.
Source: Sirius XM Holdings 10-Q on SEC EDGAR.