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SIRI Revenue by Segments

Revenue by SegmentsRevenue by Segments

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In the latest reporting period of Q1'26, the total revenue is comprised of $1.59B from the SiriusXM segment and $501M from the Pandora and Off-platform segment. This reflects a significant normalization following the anomalous high of $4.81B recorded by SiriusXM in Q4'25. From Q2'23 to Q1'26, the SiriusXM segment has consistently remained the dominant revenue driver, typically maintaining a quarterly range between $1.58B and $1.72B, despite a notable negative adjustment in Q4'25. In contrast, the Pandora and Off-platform segment has demonstrated remarkable stability, fluctuating narrowly between $487M and $582M. Overall, the company's revenue structure shows a mature trend with high reliance on the SiriusXM subscription base and steady complementary income from its digital platforms.