Skip to content

Sirius XM SIRI Revenue share and royalties — Cost of Services

Other product segments

Programming and content
$150M-2.0%
Customer service and billing
$105M-5.4%
Transmission
$47M-6.0%
Equipment revenue
$2M0.0%

Similar metrics at other companies

Roku, Inc. logo
ROKUServices — Total Cost of Revenue
$577.27M+21.4%
Roku, Inc. logo
ROKUSubscriptions — Total Cost of Revenue
$305.41M+49.7%
Autodesk logo
ADSKCost of subscription revenue — Cost of revenue
$129M+16.2%
Fox Corporation logo
FOXAContent and other — Revenue
$291M+9.8%
Veeva Systems logo
VEEVSubscription — Total cost of revenues
$99.1M+26.5%
Liberty Media Corporation logo
FWONARevenue Share And Royalties — Cost Of Goods Sold Excluding Depreciation Depletion And Amortization

Other financials

Income statement

See full
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

See full
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

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

Valuation

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

Profitability

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

Returns & leverage

See full
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:CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization.

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

Ask your AI about Sirius XM's revenue share and royalties — cost of services.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Sirius XM's revenue share and royalties — cost of services?
Sirius XM (SIRI) reported revenue share and royalties — cost of services of $697M in Q1 2026.
How has Sirius XM's revenue share and royalties — cost of services changed year-over-year?
Sirius XM's revenue share and royalties — cost of services increased by 1.5% year-over-year, from $687M to $697M.
What is the long-term trend for Sirius XM's revenue share and royalties — cost of services?
Over 4 years (2021 to 2025), Sirius XM's revenue share and royalties — cost of services has grown at a 1.6% compound annual growth rate (CAGR), from $2.67B to $2.85B.
What does revenue share and royalties — cost of services mean?
The total direct costs paid to content owners and rights holders for the right to broadcast or stream media.
How do you interpret revenue share and royalties — cost of services?
An increase suggests rising content acquisition costs or higher royalty obligations due to increased usage, while a decrease may indicate more favorable licensing terms or lower content consumption.
How does revenue share and royalties — cost of services compare across companies?
Comparable to content acquisition costs or royalty expenses reported by other streaming services, satellite broadcasters, and digital media platforms.