Formula One Group (LSXMA) Revenue & Revenue Breakdown
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
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $22.75B | 152.68% |
| 2022-12-31 | $9.00B | 3.53% |
| 2021-12-31 | $8.70B | 8.16% |
| 2020-12-31 | $8.04B | 3.16% |
| 2019-12-31 | $7.79B | 35.05% |
| 2018-12-31 | $5.77B | 6.38% |
| 2017-12-31 | $5.42B | 8.20% |
| 2016-12-31 | $5.01B | 4.57% |
| 2015-12-31 | $4.79B | 7.75% |
| 2014-12-31 | $4.45B | 11.19% |
| 2013-12-31 | $4.00B | 100.20% |
| 2012-12-31 | $2.00B | 41.87% |
| 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
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $3.17B | 46.44% |
| 2024-03-31 | $2.16B | -5.51% |
| 2023-12-31 | $2.29B | 0.75% |
| 2023-09-30 | $2.27B | 0.93% |
| 2023-06-30 | $2.25B | 4.94% |
| 2023-03-31 | $2.14B | -60.62% |
| 2022-12-31 | $5.44B | 138.77% |
| 2022-09-30 | $2.28B | 1.15% |
| 2022-06-30 | $2.25B | 3.11% |
| 2022-03-31 | $2.19B | -4.16% |
| 2021-12-31 | $2.28B | 3.78% |
| 2021-09-30 | $2.20B | 1.81% |
| 2021-06-30 | $2.16B | 4.91% |
| 2021-03-31 | $2.06B | -5.98% |
| 2020-12-31 | $2.19B | 8.10% |
| 2020-09-30 | $2.02B | 8.06% |
| 2020-06-30 | $1.87B | -4.00% |
| 2020-03-31 | $1.95B | -5.33% |
| 2019-12-31 | $2.06B | 2.54% |
| 2019-09-30 | $2.01B | 1.72% |
| 2019-06-30 | $1.98B | 13.36% |
| 2019-03-31 | $1.74B | 16.58% |
| 2018-12-31 | $1.50B | 1.91% |
| 2018-09-30 | $1.47B | 2.51% |
| 2018-06-30 | $1.43B | 4.15% |
| 2018-03-31 | $1.38B | -2.07% |
| 2017-12-31 | $1.40B | 1.81% |
| 2017-09-30 | $1.38B | 2.30% |
| 2017-06-30 | $1.35B | 4.17% |
| 2017-03-31 | $1.29B | -0.69% |
| 2016-12-31 | $1.30B | 2.12% |
| 2016-09-30 | $1.28B | 3.32% |
| 2016-06-30 | $1.24B | 2.92% |
| 2016-03-31 | $1.20B | -0.66% |
| 2015-12-31 | $1.21B | -5.92% |
| 2015-09-30 | $1.28B | 5.07% |
| 2015-06-30 | $1.22B | 13.04% |
| 2015-03-31 | $1.08B | -1.28% |
| 2014-12-31 | $1.09B | -7.52% |
| 2014-09-30 | $1.18B | 2.07% |
| 2014-06-30 | $1.16B | 14.74% |
| 2014-03-31 | $1.01B | -1.37% |
| 2013-12-31 | $1.02B | -7.66% |
| 2013-09-30 | $1.11B | 2.97% |
| 2013-06-30 | $1.08B | 36.63% |
| 2013-03-31 | $789.00M | -52.90% |
| 2012-12-31 | $1.68B | 987.66% |
| 2012-09-30 | $154.00M | 14.07% |
| 2012-06-30 | $135.00M | 285.71% |
| 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/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 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/Service | Mar 24 | Dec 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 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
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 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%).
LSXMA Revenue FAQ
What is Formula One Group’s yearly revenue?
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.
What is Formula One Group’s quarterly revenue?
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).
What is Formula One Group’s revenue growth rate?
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%.
What are Formula One Group’s revenue streams?
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
What is Formula One Group’s main source of 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.