← SIRIUS XM HOLDINGS INC.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Total Revenue $5.0b
$5.4b +8.13%
$5.8b +6.37%
$7.8b +35.06%
$8.0b +3.16%
$8.7b +8.16%
$9.0b +3.53%
$9.0b -0.56%
$8.7b -2.84%
$8.6b -1.62%
$8.6b +0.53%
Cost of Revenue $40.9m
$35.4m -13.29%
$3.7b +10300.94%
$3.4b -8.24%
$3.5b +4.49%
$3.9b +10.98%
$4.1b +4.10%
$4.2b +1.96%
$4.1b -1.95%
$4.1b -0.32%
$4.5b +11.28%
Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization — — — $3.4b — — — — — — $4.5b
Gross Profit (derived) $5.0b
$5.4b +8.31%
$2.1b -61.34%
$4.4b +111.68%
$4.5b +2.13%
$4.8b +5.95%
$4.9b +3.06%
$4.8b -2.64%
$4.6b -3.61%
$4.5b -2.77%
$4.1b -9.22%
Research and Development Expense $69.0m $96.9m $123.2m $280.0m $263.0m $265.0m $285.0m $322.0m $296.0m $263.0m $259.0m
Selling and Marketing Expense $386.7m $437.7m $484.0m $937.0m $957.0m $1.1b $1.1b $931.0m $894.0m $760.0m $1.3b
General and Administrative Expense $341.1m $334.0m $356.8m $524.0m $511.0m $514.0m $525.0m $550.0m $497.0m $549.0m $519.0m
Amortization of Intangible Assets $48.5m $37.5m $23.2m $141.0m $152.0m $154.0m $156.0m $144.0m $133.0m $125.0m —
Operating Lease, Expense — — — $75.0m $73.0m $69.0m $68.0m $64.0m $63.0m $60.0m —
Restructuring Costs — — — — $24.0m — — $49.0m $3.5b — —
Operating expenses:
Operating Income (Loss) $1.4b
$1.6b +14.58%
$1.7b +5.25%
$1.6b -4.63%
$858.0m -47.91%
$2.0b +134.85%
$2.0b +1.04%
$1.9b -4.42%
($1.5b) -177.95%
$1.5b +196.97%
$1.9b +31.75%
Gain (Loss) on Investments — — — — — — — — $115.0m $25.0m —
Gain (Loss) on Derivative Instruments, Net, Pretax $0 — — — — — — — — — —
Other Nonoperating Income (Expense) $15.0m $12.8m $43.7m ($3.0m) $6.0m $9.0m ($9.0m) ($5.0m) $136.0m $44.0m —
Interest Expense (non-operating) $331.2m $345.8m $350.1m $390.0m $394.0m $415.0m $422.0m $423.0m $496.0m $459.0m $450.0m
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $1.1b $1.3b $1.4b $1.2b $430.0m $1.5b $1.6b $1.5b ($1.9b) $1.1b $1.2b
Current Income Tax Expense (Benefit) $22.2m $32.8m ($11.9m) $24.0m $61.0m $81.0m $190.0m $324.0m $371.0m $222.0m $281.0m
Income Tax Expense (Benefit) $345.7m $616.3m $244.7m $283.0m $299.0m $212.0m $392.0m $260.0m $210.0m $251.0m $281.0m
Net Income (Loss) Attributable to Parent $745.9m
$647.9m -13.14%
$1.2b +81.49%
$914.0m -22.27%
$131.0m -85.67%
$1.3b +903.05%
$1.2b -7.69%
$1.3b +3.71%
($1.7b) -232.35%
$805.0m +148.35%
$880.0m +9.32%
Net Income (Loss) Attributable to Noncontrolling Interest — — — — — — $210.0m $202.0m ($410.0m) $0 $880.0m
Earnings Per Share, Basic $0.15 $0.14 $0.26 $0.20 $0.03 $0.32 $0.31 $0.33 ($6.14) $2.38 $2.61
Earnings Per Share, Diluted $0.15 $0.14 $0.26 $0.20 $0.03 $0.32 $0.31 $0.32 ($6.14) $2.23 $2.49
Common Stock, Dividends, Per Share, Declared $0.01 $0.04 $0.05 $0.05 $0.05 $0.07 $0.00 $0.00 $0.00 $0.00 —
Weighted Average Number of Shares Outstanding, Basic 4.9b 4.6b 4.5b 4.5b 4.3b 4.1b 3.9b 3.9b 338.0m 338.0m 337.5m
Weighted Average Number of Shares Outstanding, Diluted 5.0b 4.7b 4.6b 4.6b 4.4b 4.1b 4.0b 3.9b 338.0m 357.0m 348.5m
Additional Financial Items
Goodwill, Impairment Loss $0 $0 $0 $0 $956.0m $0 $0 $0 $2.8b $0 $3.5b
Business Combination, Acquisition Related Costs — — — $84.0m — — $2.0m $0 $71.0m $8.0m —

Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.