SiriusXM (SIRI)
Communication Services · Satellite and streaming audio entertainment
SiriusXM operates a dual-platform audio entertainment ecosystem combining satellite radio subscriptions with the Pandora streaming service and advertising network.
What SiriusXM does
SiriusXM operates a satellite radio service providing music, news, sports, and entertainment programming to subscribers on a subscription basis. The company also owns and operates Pandora, a music streaming platform that generates revenue from both advertising and premium subscriptions. SiriusXM generates revenues from subscriber fees, advertising on Pandora and its platforms, and equipment sales, with operations supported by proprietary FCC-licensed satellite infrastructure and terrestrial networks.
Themes: ["Satellite radio / subscription audio","Music streaming (Pandora)","Audio advertising and monetization","Subscription-based entertainment"]
Fundamentals
- Price$30.69 as of 2026-07-09 close
- Market cap$10.3B as of 2026-07-10
- 1-year return+26.5% as of 2026-07-09 close
- P/E12.14 as of 2026-07-10
- Net margin+9.9% as of 2026-07-10
- Gross margin+52.0% as of 2026-07-10
- ROE+7.3% as of 2026-07-10
- Debt / equity0.83 as of 2026-07-10
- Revenue growth (YoY)-0.3% as of 2026-07-10
- Revenue CAGR (3y)-1.7% SEC XBRL
- Beta0.96 as of 2026-07-10
Dividend: yield +3.5%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Revenue dependence on advertiser spending, which is cyclical and sensitive to macroeconomic conditions; advertisers can terminate contracts at any time with no long-term commitment","Harmful interference from wireless operations in spectrum adjacent to SiriusXM's licensed frequencies could require costly, multi-year mitigation efforts with uncertain effectiveness","Loss of advertising effectiveness due to changes in mobile operating systems (particularly Apple's device identifier policies), which could impair targeting, measurement, and marketing capabilities for Pandora"]
Competitors & peers
- Spotify
- Apple Music
- Amazon Music
- YouTube Music
- iHeartRadio
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.