v3.25.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenue:    
Total revenue $ 2,068 $ 2,162
Cost of services:    
Subscriber acquisition costs 100 90
Sales and marketing 190 229
Product and technology 73 86
General and administrative 122 124
Depreciation and amortization 144 155
Impairment, restructuring and other costs 48 32
Total operating expenses 1,681 1,753
Income from operations 387 409
Other income (expense), net    
Interest expense (117) (129)
Other (expense) income, net (1) 29
Total other expense (118) (100)
Income before income taxes 269 309
Income tax expense (65) (68)
Net income 204 241
Less net income attributable to noncontrolling interests 0 42
Net income attributable to Sirius XM Holdings Inc. $ 204 $ 199
Net income per common share:    
Basic (in USD per share) $ 0.60 $ 0.72
Diluted (in USD per share) $ 0.59 $ 0.63
Weighted average common shares outstanding:    
Basic (in shares) 339 337
Diluted (in shares) 357 373
Subscriber revenue    
Revenue:    
Total revenue $ 1,602 $ 1,680
Advertising revenue    
Revenue:    
Total revenue 394 402
Equipment revenue    
Revenue:    
Total revenue 41 50
Cost of services:    
Cost of services 2 2
Other revenue    
Revenue:    
Total revenue 31 30
Revenue share and royalties    
Cost of services:    
Cost of services 687 703
Programming and content    
Cost of services:    
Cost of services 153 157
Customer service and billing    
Cost of services:    
Cost of services 112 116
Transmission    
Cost of services:    
Cost of services $ 50 $ 59