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Sirius XM SIRI Gross Profit
Discontinued — last reported Q2 '24
Gross Profit at other companies
Segments
By segment
Other financials
Where this comes from
Reported directly by Sirius XM in its filing.
Tagged under the XBRL concept us-gaap:GrossProfit.
The source filing: Sirius XM’s 10-Q, filed August 1, 2024.
- Filed
- Aug 1, 2024
- Fiscal quarter
- Q4 FY2024
- Calendar quarter
- Q4 2024
- Accession
- 0000908937-24-000021
| Line item | For the Three Months Ended June 30, 2024 / Sirius XM | For the Three Months Ended June 30, 2024 / Pandora and Off-platform | Total |
|---|---|---|---|
| Revenue | |||
| Subscriber revenue | $1,520 | $138 | $1,658 |
| Advertising revenue | 43 | 400 | 443 |
| Equipment revenue | 47 | — | 47 |
| Other revenue | 30 | — | 30 |
| Total revenue | 1,640 | 538 | 2,178 |
| Cost of services (a) | (654) | (358) | (1,012) |
| Segment gross profit | $986 | $180 | $1,166 |
Item 1. Financial Statements (unaudited)
FAQ
- What is Sirius XM's gross profit?
- Sirius XM (SIRI) reported gross profit of $1.17B in Q2 2024.
- How has Sirius XM's gross profit changed year-over-year?
- Sirius XM's gross profit decreased by 2.8% year-over-year, from $1.2B to $1.17B.
- What is the long-term trend for Sirius XM's gross profit?
- Over 2 years (2021 to 2023), Sirius XM's gross profit has grown at a 0.1% compound annual growth rate (CAGR), from $4.78B to $4.79B.
- What does gross profit mean?
- Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.
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