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R&D at other companies

Apple logo
AppleAAPL
$11.42B+33.6%
Alphabet Inc. logo
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:ResearchAndDevelopmentExpense.

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 R&D?
Sirius XM (SIRI) reported R&D of $69M in Q1 2026.
How has Sirius XM's R&D changed year-over-year?
Sirius XM's R&D decreased by 5.5% year-over-year, from $73M to $69M.
What is the long-term trend for Sirius XM's R&D?
Over 4 years (2021 to 2025), Sirius XM's R&D has grown at a -0.2% compound annual growth rate (CAGR), from $265M to $263M.
What does R&D mean?
The money spent on developing new products or improving existing technology.
How do you interpret R&D?
Higher investment typically signals a focus on long-term innovation, while significant cuts may indicate a shift toward short-term profitability.
How does R&D compare across companies?
Highly variable across industries; essential for tech and media firms to maintain market position.