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Sirius XM SIRI Net gains (losses) on investments

Net gains (losses) on investments at other companies

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Other financials

Income statement

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Revenue$2.2B+1.0%
Gross profit$1.2B-2.8%
Operating income$472.0M+29.3%
Net income$239.0M+16.6%
EPS (diluted)$0.70+22.8%

Balance sheet

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Cash & equivalents$174.0M+89.1%
Total debt$9.5B-7.3%
Total equity$11.9B+5.1%
Total assets$27.2B-0.5%

Cash flow

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Operating cash flow$722.0M+32.2%
CapEx$130.0M-10.3%
Free cash flow$592.0M+47.6%

Valuation

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Market cap$9.7B+37.5%
Enterprise value$18.98B+10.6%
P/E11×
P/S1.1×+0.3×

Profitability

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Gross margin53.5%-0.3pp
Operating margin19.1%
Net margin10.2%
FCF margin18%+6.4pp

Returns & leverage

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Return on equity7.6%
Debt / equity0.8×-0.1×
Current ratio0.5×+0.1×

Where this comes from

Reported directly by Sirius XM in its filing.

Tagged under the XBRL concept us-gaap:GainLossOnInvestments.

The source filing: Sirius XM’s 10-Q, filed July 30, 2026.

Filed
Jul 30, 2026, 9:45 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000908937-26-000022
(in millions)For the Six Months Ended June 30, 2026For the Six Months Ended June 30, 2025
Depreciation and amortization316265
Non-cash impairment and restructuring costs109
Non-cash interest expense, net of amortization of premium99
Realized and unrealized gains on financial instruments, net74(4)
Share of losses of equity method investments, net7259
Share-based payment expense10297
Deferred income tax expense (benefit)35(34)
Amortization of right-of-use assets2021

Item 1. Financial Statements (unaudited)

FAQ

What is Sirius XM's net gains (losses) on investments?
Sirius XM (SIRI) reported net gains (losses) on investments of -$53M in Q2 2026.
How has Sirius XM's net gains (losses) on investments changed year-over-year?
Sirius XM's net gains (losses) on investments decreased by 857.1% year-over-year, from $7M to -$53M.
What is the long-term trend for Sirius XM's net gains (losses) on investments?
Over 3 years (2021 to 2025), Sirius XM's net gains (losses) on investments has grown at a 71.0% compound annual growth rate (CAGR), from $5M to $25M.
What does net gains (losses) on investments mean?
Realized and unrealized gains/losses on investments removed from operating cash flow since they're investing-related.

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