Company / Gross Margin
SIRIUS XM HOLDINGS INC. Gross Margin History
FY2019-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Margin
52.4%
FY2025
5-year range
52.4% / 54.9%
FY2021-FY2025
Trend
-1.2%
vs FY2024
Sector context
#6 of 10
Communication Services
What the data says
At 52.4%, SIRIUS XM HOLDINGS INC.'s gross margin ranks #6 of 10 in the Communication Services sector. Gross Margin has declined for 6 consecutive years, from 56.6% in FY2019 to 52.4% in FY2025.
Based on SEC 10-K filings.
52.4% in FY2025 with a 5-year CAGR of -3.6%.
Remained stable around 52.4% over the past 2 years.
Communication Services sector context is included.
Gross Margin over time
Growth rates
- 3-Year Change
- -2.2pp
- 5-Year Change
- -3.6pp
- 10-Year Change
- -
Sector benchmark
#6 of 10 in Communication ServicesTop 60% of 10This company 52.4% Sector average 59.6%
▼
-12.1% below sector average
Key checks
Key Insights
- SIRIUS XM HOLDINGS INC.'s gross margin has declined for 6 consecutive years.
- In FY2025, gross margin decreased 1.2% year-over-year.
- Currently 7.2pp below the Communication Services sector average.
- Peak gross margin was recorded in FY2019.
Company context
Key Data Points
- Altman Z-Score 1.09 (distress zone, below 1.8 threshold)
- Negative profit margin: -19.1%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Gross MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 52.4% | -1.2% |
| FY2024 | 53.1% | -0.8% |
| FY2023 | 53.5% | -2.1% |
| FY2022 | 54.6% | -0.5% |
| FY2021 | 54.9% | -2.0% |
| FY2020 | 56.0% | -1.0% |
| FY2019 | 56.6% | - |
| FY2018 | - | - |
| FY2017 | - | - |
| FY2016 | - | - |
As of FY2025 · SEC 10-K · Updated Mar 28, 2026