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Other financials

Income statement

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Revenue$2.1B+1.1%
Gross profit$1.2B-2.8%
Operating income$454.0M+17.3%
Net income$245.0M+20.1%
EPS (diluted)$0.72+22.0%

Balance sheet

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Cash & equivalents$75.0M-40.9%
Total debt$9.8B-6.9%
Total equity$11.7B+4.6%
Total assets$27.1B-1.0%

Cash flow

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Operating cash flow$271.0M+12.0%
CapEx$105.0M-44.4%
Free cash flow$166.0M+213%

Valuation

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Market cap$9.44B+1.2%
Enterprise value$19.11B-3.2%
P/E11.2×
P/S1.1×0.0×

Profitability

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Gross margin53.5%-0.3pp
Operating margin17.9%
Net margin9.9%
FCF margin15.8%+4.5pp

Returns & leverage

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Return on equity7.4%
Debt / equity0.8×-0.1×
Current ratio0.4×0.0×

Where this comes from

Calculated from Sirius XM’s reported figures.

$454.0Mebit+
$151.0MDepreciation Depletion & Amortization
=$605M

The official record: Sirius XM’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Sirius XM's EBITDA?
Sirius XM (SIRI) reported EBITDA of $605M in Q1 2026.
How has Sirius XM's EBITDA changed year-over-year?
Sirius XM's EBITDA increased by 13.9% year-over-year, from $531M to $605M.
What is the long-term trend for Sirius XM's EBITDA?
Over 3 years (2021 to 2025), Sirius XM's EBITDA has grown at a -5.5% compound annual growth rate (CAGR), from $2.39B to $2.02B.
What does EBITDA mean?
Operating cash profit before interest, taxes, and non-cash charges.
How do you interpret EBITDA?
Higher is better and widely used to value capital-intensive businesses, but it ignores the real cost of capex — pair it with free cash flow. (Defined as EBIT + D&A so EBITDA = EBIT + D&A holds exactly.)
How does EBITDA compare across companies?
Standard cross-company operating-profit proxy for non-financials; not meaningful for banks and insurers.