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Sirius XM SIRI Intangibles (Net)

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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$2.2B+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$10.35B+46.5%
Enterprise value$19.63B+14.3%
P/E11.8×
P/S1.2×+0.4×

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:OtherIntangibleAssetsNet.

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, except per share data) / ASSETSJune 30, 2026 / (unaudited)December 31, 2025
Total current assets1,1591,098
Property and equipment, net2,2862,260
FCC licenses8,6108,610
Other intangible assets, net1,3931,455
Goodwill12,39012,390
Equity method investments873941
Other long-term assets474483
Total assets$27,185$27,237

Item 1. Financial Statements (unaudited)

FAQ

What is Sirius XM's intangibles (net)?
Sirius XM (SIRI) reported intangibles (net) of $1.39B in Q2 2026.
How has Sirius XM's intangibles (net) changed year-over-year?
Sirius XM's intangibles (net) decreased by 8.2% year-over-year, from $1.52B to $1.39B.
What is the long-term trend for Sirius XM's intangibles (net)?
Over 5 years (2020 to 2025), Sirius XM's intangibles (net) has grown at a -15.3% compound annual growth rate (CAGR), from $3.34B to $1.46B.
What does intangibles (net) mean?
Identifiable intangible assets (patents, trademarks, customer relationships, technology) net of accumulated amortization — excluding goodwill.

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