# Sirius XM Holdings Inc. (SIRI) · Edgar & Edgarette company card

> Sirius XM Holdings (SIRI) saw revenue fall 1.6% in FY2025 to $8.6 billion, operating margin 17.2% against a 7.0% median for radio broadcasting stations, equity 42.5% of assets, and its dividend per share fell in the latest year on record. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 908937 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/SIRI) · [JSON](https://www.pops4.com/boards/company/SIRI.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $8.6B |
| Revenue growth, 1 year | -1.6% |
| Revenue growth per year | -0.4% |
| Operating margin | 17.2% (prior year -17.4%) |
| Net margin | 9.4% |
| Operating cash flow | $1.9B |
| Capital spending | $653M |
| Free cash flow | $1.2B |
| Cash | $94M |
| Long-term debt | $9.7B |
| Total assets | $27.2B |
| Total equity | $11.6B |
| Equity ÷ assets | 42.5% |
| Return on equity | 7.0% |
| Dividend per share | $0.0992 |
| Dividend years rising | 0 |

## Readings, computed from those figures

- Altman Z: 1.91 (grey zone)
- Piotroski F: 5 of 9 (middling)
- Beneish M: -2.51 (below the −1.78 line)
- Health Harbor boat: New ship · no warning signs
- Cash Compass: In between · no clear cash pattern yet

## Edgarette's reading

Exposure: revenue $8.6B (FY2025), total debt $9.7B. Experience: revenue down 1.6% on the year, down 0.4% a year over 4 years; operating margin 17.2%, up from -17.4%. Soundness: equity 42.5% of assets, return on equity 7.0%, the dividend per share fell in the latest year on record. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $7.5B and $9.0B next year (method v4.1: its own 4-year record of growth weighed at 50% against $1B–10B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $7.1B to $9.6B. A statistical range, not company guidance. Against peers (14 filers, $50M+ revenue, its industry group): operating margin 17.2% against a 7.0% median; growth -1.6% against -5.2%.

Range logged 2026-10-07, receipt 05ec7613bb2ce337, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 4, latest 2026-07-30 ([filing](https://www.sec.gov/Archives/edgar/data/908937/000110465926088449/0001104659-26-088449-index.htm))

## Recent filings

- 10-Q · filed 2026-10-29 · [filing](https://www.sec.gov/Archives/edgar/data/908937/000090893726000028/0000908937-26-000028-index.htm)
- 8-K · filed 2026-10-29 · 2.02 Results of Operations and Financial Condition; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/908937/000090893726000027/0000908937-26-000027-index.htm)
- 10-Q · filed 2026-07-30 · [filing](https://www.sec.gov/Archives/edgar/data/908937/000090893726000022/0000908937-26-000022-index.htm)
- 8-K · filed 2026-07-30 · 2.02 Results of Operations and Financial Condition; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/908937/000090893726000020/0000908937-26-000020-index.htm)
- 8-K · filed 2026-07-30 · 5.02 Departure or Election of Directors; Appointment of Officers; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/908937/000110465926088449/0001104659-26-088449-index.htm)
- 8-K · filed 2026-06-01 · 5.02 Departure or Election of Directors; Appointment of Officers; 5.07 Submission of Matters to a Vote of Security Holders; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/908937/000090893726000015/0000908937-26-000015-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0000908937.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=908937

## Cite

POPS4, Edgar & Edgarette: Sirius XM Holdings Inc. (SIRI) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/SIRI. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.