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Sirius XM SIRI Finance Lease Liabilities

Discontinued — last reported Q1 '26

Finance Lease Liabilities at other companies

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AmazonAMZN
$11.75B+30.2%
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Alphabet Inc.GOOGL

Other financials

Income statement

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Revenue$2.1B+1.1%
Gross profit$1.2B-2.8%
Operating income$454.0M+17.3%
Net income$245.0M+20.1%
EPS (diluted)$0.72+22.0%

Balance sheet

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Cash & equivalents$75.0M-40.9%
Total debt$9.8B-6.9%
Total equity$11.7B+4.6%
Total assets$27.1B-1.0%

Cash flow

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Operating cash flow$271.0M+12.0%
CapEx$105.0M-44.4%
Free cash flow$166.0M+213%

Valuation

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Market cap$9.44B+1.2%
Enterprise value$19.11B-3.2%
P/E11.2×
P/S1.1×0.0×

Profitability

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Gross margin53.5%-0.3pp
Operating margin17.9%
Net margin9.9%
FCF margin15.8%+4.5pp

Returns & leverage

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Return on equity7.4%
Debt / equity0.8×-0.1×
Current ratio0.4×0.0×

Where this comes from

Reported directly by Sirius XM in its filing.

Tagged under the XBRL concept us-gaap:FinanceLeaseLiability.

The official record: Sirius XM’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Sirius XM's finance lease liabilities?
Sirius XM (SIRI) reported finance lease liabilities of $4M in Q1 2026.
How has Sirius XM's finance lease liabilities changed year-over-year?
Sirius XM's finance lease liabilities decreased by 55.6% year-over-year, from $9M to $4M.
What does finance lease liabilities mean?
The total present value of long-term debt obligations resulting from assets leased under finance or capital lease agreements.
How do you interpret finance lease liabilities?
An increase suggests the company is expanding its asset base through leasing rather than direct purchase, which may increase financial leverage. A decrease indicates the repayment of these obligations or a shift toward different capital acquisition strategies.
How does finance lease liabilities compare across companies?
Peers in media and broadcasting often utilize finance leases for equipment and infrastructure; this metric is comparable to long-term debt and other capitalized lease obligations across the industry.