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Sirius XM SIRI Indefinite-Lived Intangible Assets

Indefinite-Lived Intangible Assets at other companies

McCormick & Company, Incorporated logo
McCormick & Company, IncorporatedMKC
$8.35B+1.0%
Warner Music Group logo
Warner Music GroupWMG
$118M+1.7%
Best Buy logo
Best BuyBBY
$18M0.0%
Restaurant Brands International logo
Restaurant Brands InternationalQSR
$2.14B+2.0%
General Mills logo
General MillsGIS
$30.1M
Restaurant Brands International logo
Restaurant Brands InternationalQSR
$1.36B0.0%

Segments

By segment

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SiriusXM$8.61B0.0%
Pandora and Off-platform$442M0.0%

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:IndefiniteLivedLicenseAgreements.

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 indefinite-lived intangible assets?
Sirius XM (SIRI) reported indefinite-lived intangible assets of $8.61B in Q1 2026.
How has Sirius XM's indefinite-lived intangible assets changed year-over-year?
Sirius XM's indefinite-lived intangible assets decreased by 0.0% year-over-year, from $8.61B to $8.61B.
What is the long-term trend for Sirius XM's indefinite-lived intangible assets?
Over 2 years (2023 to 2025), Sirius XM's indefinite-lived intangible assets has grown at a 0.1% compound annual growth rate (CAGR), from $8.6B to $8.61B.
What does indefinite-lived intangible assets mean?
Intangible assets like brand names that do not have a set expiration date and are not depreciated.
How do you interpret indefinite-lived intangible assets?
Stability indicates a strong, enduring brand, while a decrease typically signals an impairment charge due to reduced brand value.
How does indefinite-lived intangible assets compare across companies?
Common in companies with strong consumer brands; peers often carry significant value here following major acquisitions.