Sirius XM Holding (SIRI) revenue breakdown
By segment, SiriusXM is the largest at 75% of fiscal 2025 revenue; Pandora and Off-platform grew fastest, 5% a year over 6 years.
By product, Subscriber revenue is the largest at 76% of fiscal 2025 revenue; Advertising revenue grew fastest, 35% a year over 8 years.
Revenue by segment
Fiscal years, as Sirius XM Holding reports them in its 10-K filings; fiscal 2025 total $8.6B.
| Segments | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|
| SiriusXM | $6.2B | $6.3B | $6.6B | $6.9B | $6.8B | $6.6B | $6.4B | 75% |
| Pandora and Off-platform | $1.6B | $1.7B | $2.1B | $2.1B | $2.1B | $2.1B | $2.1B | 25% |
Revenue by product
Fiscal years, as Sirius XM Holding reports them in its 10-K filings; fiscal 2025 total $8.6B.
| Products | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|---|
| Subscriber revenue | $5.0B | $5.3B | $6.1B | $6.4B | $6.6B | $6.9B | $6.9B | $6.6B | $6.5B | 76% |
| Advertising revenue | $160M | $188M | $1.3B | $1.3B | $1.7B | $1.8B | $1.8B | $1.8B | $1.8B | 21% |
| Equipment revenue | $132M | $155M | $173M | $173M | $201M | $189M | $193M | $182M | $178M | 2% |
| Other revenue | $143M | $164M | $165M | $155M | $151M | $150M | $136M | $128M | $122M | 1% |
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Where does Sirius XM Holding make its money?
In fiscal 2025, by segment: SiriusXM $6.4B, Pandora and Off-platform $2.1B.
From Sirius XM Holding's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.