-1.67B net income in 2024.

https://en.wikipedia.org/wiki/SiriusXM

Operating income is profit from a company’s core business operations: revenue minus cost of goods sold and operating expenses (salaries, rent, marketing, R\&D, depreciation). It excludes interest, taxes, and non-operating items.

Net income is the “bottom line”: what’s left after everything, including interest expense, taxes, and one-off or non-operating gains and losses (asset sales, investment income, lawsuit settlements).