← 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $5.0b | $5.4b | $5.8b | $7.8b | $8.0b | $8.7b | $9.0b | $9.0b | $8.7b | $8.6b | |
| Cost of Revenue | $40.9m | $35.4m | $3.7b | $3.4b | $6.7b | $6.2b | $6.4b | $6.5b | $3.8b | $6.5b | |
| Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization | — | — | — | $3.4b | — | — | — | — | — | — | |
| Gross Profit (derived) | $5.0b | $5.4b | $2.1b | $4.4b | $4.5b | $4.8b | $4.9b | $4.8b | $4.6b | $4.5b | |
| Operating expenses: | |||||||||||
| Operating Income (Loss) | $1.4b | $1.6b | $1.7b | $1.6b | $858.0m | $2.0b | $2.0b | $1.9b | ($1.5b) | $1.5b | |
| Additional Financial Items | |||||||||||
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $956.0m | $0 | $0 | $0 | $2.8b | $0 | |
| Amortization of Intangible Assets | $48.5m | $37.5m | $23.2m | $141.0m | $152.0m | $154.0m | $156.0m | $144.0m | $133.0m | $125.0m | |
| Gain (Loss) on Investments | — | — | — | — | — | — | — | — | $115.0m | $25.0m | |
| 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 | |
| Gain (Loss) on Derivative Instruments, Net, Pretax | $0 | — | — | — | — | — | — | — | — | — | |
| Net Income (Loss) Attributable to Parent | $745.9m | $647.9m | $1.2b | $914.0m | $131.0m | $1.3b | $1.2b | $1.3b | ($1.7b) | $805.0m | |
| Net Income (Loss) Available to Common Stockholders, Basic | $745.9m | $647.9m | $1.2b | $914.0m | $131.0m | $1.3b | $1.2b | $1.3b | ($2.1b) | $805.0m | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | — | — | — | — | $210.0m | $202.0m | ($410.0m) | $0 | |
| Earnings Per Share, Basic | $0.15 | $0.14 | $0.26 | $0.20 | $0.03 | $0.32 | $0.31 | $0.33 | ($6.14) | $2.38 | |
| Earnings Per Share, Diluted | $0.15 | $0.14 | $0.26 | $0.20 | $0.03 | $0.32 | $0.31 | $0.32 | ($6.14) | $2.23 | |
| Common Stock, Dividends, Per Share, Declared | $0.01 | $0.04 | $0.05 | $0.20 | $0.03 | $0.32 | $0.31 | $0.33 | ($6.14) | $2.38 | |
| 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 | |
| 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 | |
| Research and Development Expense | $69.0m | $96.9m | $123.2m | $280.0m | $263.0m | $265.0m | $285.0m | $322.0m | $296.0m | $263.0m | |
| General and Administrative Expense | $341.1m | $334.0m | $356.8m | $524.0m | $511.0m | $514.0m | $525.0m | $550.0m | $497.0m | $549.0m | |
| 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) | — | — | — | — | — | — | — | — | $496.0m | $459.0m | |
| Business Combination, Acquisition Related Costs | — | — | — | $84.0m | — | — | $2.0m | $0 | $71.0m | $8.0m | |
| 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 | |
| Interest Expense | $331.2m | $345.8m | $350.1m | $390.0m | $394.0m | $415.0m | $422.0m | $423.0m | $496.0m | $459.0m | |
| 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 | — | |
| Selling and Marketing Expense | $386.7m | $437.7m | $484.0m | $937.0m | $957.0m | $1.1b | $1.1b | $931.0m | $894.0m | $760.0m | |
| Income Tax Expense (Benefit) | $345.7m | $616.3m | $244.7m | $283.0m | $299.0m | $212.0m | $392.0m | $260.0m | $210.0m | $251.0m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.