Formula One Group (LSXMA) Revenue & Revenue Breakdown


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Formula One Group Revenue Highlights


Latest Revenue (Y)

$22.75B

Latest Revenue (Q)

$3.17B

Main Segment (Y)

Subscriber

Main Geography (Y)

Other Countries

Formula One Group Revenue by Period


Formula One Group Revenue by Year

DateRevenueChange
2023-12-31$22.75B152.68%
2022-12-31$9.00B3.53%
2021-12-31$8.70B8.16%
2020-12-31$8.04B3.16%
2019-12-31$7.79B35.05%
2018-12-31$5.77B6.38%
2017-12-31$5.42B8.20%
2016-12-31$5.01B4.57%
2015-12-31$4.79B7.75%
2014-12-31$4.45B11.19%
2013-12-31$4.00B100.20%
2012-12-31$2.00B41.87%
2011-12-31$1.41B-31.27%
2010-12-31$2.05B-

Formula One Group generated $22.75B in revenue during NA 2023, up 152.68% compared to the previous quarter, and up 394.20% compared to the same period a year ago.

Formula One Group Revenue by Quarter

DateRevenueChange
2024-06-30$3.17B46.44%
2024-03-31$2.16B-5.51%
2023-12-31$2.29B0.75%
2023-09-30$2.27B0.93%
2023-06-30$2.25B4.94%
2023-03-31$2.14B-60.62%
2022-12-31$5.44B138.77%
2022-09-30$2.28B1.15%
2022-06-30$2.25B3.11%
2022-03-31$2.19B-4.16%
2021-12-31$2.28B3.78%
2021-09-30$2.20B1.81%
2021-06-30$2.16B4.91%
2021-03-31$2.06B-5.98%
2020-12-31$2.19B8.10%
2020-09-30$2.02B8.06%
2020-06-30$1.87B-4.00%
2020-03-31$1.95B-5.33%
2019-12-31$2.06B2.54%
2019-09-30$2.01B1.72%
2019-06-30$1.98B13.36%
2019-03-31$1.74B16.58%
2018-12-31$1.50B1.91%
2018-09-30$1.47B2.51%
2018-06-30$1.43B4.15%
2018-03-31$1.38B-2.07%
2017-12-31$1.40B1.81%
2017-09-30$1.38B2.30%
2017-06-30$1.35B4.17%
2017-03-31$1.29B-0.69%
2016-12-31$1.30B2.12%
2016-09-30$1.28B3.32%
2016-06-30$1.24B2.92%
2016-03-31$1.20B-0.66%
2015-12-31$1.21B-5.92%
2015-09-30$1.28B5.07%
2015-06-30$1.22B13.04%
2015-03-31$1.08B-1.28%
2014-12-31$1.09B-7.52%
2014-09-30$1.18B2.07%
2014-06-30$1.16B14.74%
2014-03-31$1.01B-1.37%
2013-12-31$1.02B-7.66%
2013-09-30$1.11B2.97%
2013-06-30$1.08B36.63%
2013-03-31$789.00M-52.90%
2012-12-31$1.68B987.66%
2012-09-30$154.00M14.07%
2012-06-30$135.00M285.71%
2012-03-31$35.00M-

Formula One Group generated $3.17B in revenue during Q2 2024, up 46.44% compared to the previous quarter, and up 147.67% compared to the same period a year ago.

Formula One Group Revenue Breakdown


Formula One Group Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Equipment$193.00M$189.00M$201.00M--
Subscriber$6.87B$6.89B$6.61B--
Advertising$1.76B$1.77B$1.73B$1.34B$1.34B
Other$350.00M----
Baseball-$535.00M$526.00M$142.00M$438.00M
Formula 1-$2.57B---
Other.-$150.00M$151.00M--
Development-$53.00M$42.00M--
Sirius XM Holdings Revenue-$9.00B$8.70B--
Primary Formula 1--$1.85B--
Subscription And Circulation---$6.37B$6.12B
Product Service Or Other---$181.00M$358.00M
Formula---$964.00M$1.66B
Sirius Xm Holdings Revenue---$8.04B$7.79B
Development Leases---$36.00M$38.00M
Music Royalty And Other---$155.00M$165.00M
Product Equipment---$173.00M$173.00M

Formula One Group's latest annual revenue breakdown by segment (product or service), as of Dec 23: Subscriber (74.90%), Advertising (19.18%), Other (3.82%), and Equipment (2.11%).

Quarterly Revenue by Product

Product/ServiceMar 24Dec 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19
Sirius XM Holdings Revenue$2.16B$2.25B$2.14B$2.28B$2.28B$2.25B$2.19B$2.28B$2.20B-----------
Other$37.00M$49.00M$270.00M$31.00M$234.00M---------------
Formula 1$550.00M$724.00M$381.00M$754.00M$715.00M---------------
Baseball--$254.00M$18.00M$238.00M$247.00M$11.00M$222.00M$204.00M$7.00M$102.00M$5.00M$12.00M$203.00M$198.00M$14.00M----
Other.----$53.00M$252.00M$260.00M$23.00M$102.00M-----------
Development-----$14.00M$13.00M$12.00M$12.00M-----------
Primary Formula 1------$744.00M$360.00M$787.00M$668.00M----------
Product Service Or Other----------$216.00M$16.00M$35.00M$110.00M$11.00M$22.00M$34.00M$212.00M$208.00M$22.00M
Sirius Xm Holdings Revenue----------$2.16B$2.06B$2.19B$2.02B$1.87B$1.95B$2.06B$2.01B--
Formula----------$501.00M$180.00M$485.00M$597.00M$24.00M$39.00M$523.00M$633.00M$620.00M$246.00M
Development Leases----------$12.00M$9.00M$8.00M$6.00M$10.00M$9.00M$10.00M$8.00M--
Subscription And Circulation------------------$1.98B$1.74B

Formula One Group's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Sirius XM Holdings Revenue (78.65%), Formula 1 (20.01%), and Other (1.35%).

Formula One Group Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21Dec 20Dec 19
Other Countries$104.00M$111.00M$101.00M--
United States-$9.48B$9.16B--
G---$1.15B$2.02B
U---$8.12B$8.17B
Other Country Other Than Us And Uk---$97.00M$98.00M

Formula One Group's latest annual revenue breakdown by geography, as of Dec 23: Other Countries (100.00%).

Formula One Group Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
LSXMAFormula One Group$22.75B$3.17B
IHRTiHeartMedia$3.75B$929.09M
TGNATEGNA$2.91B$806.83M
SSPE.W. Scripps Company$2.29B$-1.14B
CMLSCumulus Media$844.55M$203.60M
SGASaga Communications$112.77M$28.74M

LSXMA Revenue FAQ


Formula One Group's yearly revenue for 2023 was $22.75B, representing an increase of 152.68% compared to 2022. The company's yearly revenue for 2022 was $9B, representing an increase of 3.53% compared to 2021. LSXMA's yearly revenue for 2021 was $8.7B, representing an increase of 8.16% compared to 2020.

Formula One Group's quarterly revenue for Q2 2024 was $3.17B, a 46.44% increase from the previous quarter (Q1 2024), and a 40.71% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $2.16B, a -5.51% decrease from the previous quarter (Q4 2023), and a 0.84% increase year-over-year (Q1 2023). LSXMA's quarterly revenue for Q4 2023 was $2.29B, a 0.75% increase from the previous quarter (Q3 2023), and a -57.97% decrease year-over-year (Q4 2022).

Formula One Group's revenue growth rate for the last 3 years (2021-2023) was 161.60%, and for the last 5 years (2019-2023) was 191.88%.

Formula One Group's revenue streams in c 23 are Equipment, Subscriber, Advertising, and Other. Equipment generated $193M in revenue, accounting 2.11% of the company's total revenue, up 2.12% year-over-year. Subscriber generated $6.87B in revenue, accounting 74.90% of the company's total revenue, down -0.38% year-over-year. Advertising generated $1.76B in revenue, accounting 19.18% of the company's total revenue, down -0.79% year-over-year. Other generated $350M in revenue, accounting 3.82% of the company's total revenue

For the fiscal year ending Dec 23, the largest source of revenue of Formula One Group was Subscriber. This segment made a revenue of $6.87B, representing 74.90% of the company's total revenue.