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Sirius XM SIRI SiriusXM — Finite-Lived Intangible Assets, Accumulated Amortization

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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$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:FiniteLivedIntangibleAssetsAccumulatedAmortization.

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
Line itemWeighted Average Useful LivesJune 30, 2026 / Gross Carrying ValueJune 30, 2026 / Accumulated AmortizationJune 30, 2026 / Net Carrying ValueDecember 31, 2025 / Gross Carrying ValueDecember 31, 2025 / Accumulated AmortizationDecember 31, 2025 / Net Carrying Value
FCC licensesIndefinite$8,610$8,610$8,610$8,610
TrademarksIndefinite930930930930
Definite life intangible assets:
Customer relationships15 years570(513)57570(494)76
OEM relationships15 years220(186)34220(178)42
Licensing agreements15 years285(267)18285(260)25
Software and technology7 years29(27)229(26)3
Due to Acquisitions recorded to Pandora and Off-platform Reporting Unit:

Item 1. Financial Statements (unaudited)

FAQ

What is Sirius XM's siriusxm — finite-lived intangible assets, accumulated amortization?
Sirius XM (SIRI) reported siriusxm — finite-lived intangible assets, accumulated amortization of $513M in Q2 2026.
How has Sirius XM's siriusxm — finite-lived intangible assets, accumulated amortization changed year-over-year?
Sirius XM's siriusxm — finite-lived intangible assets, accumulated amortization increased by 8.0% year-over-year, from $475M to $513M.
What does siriusxm — finite-lived intangible assets, accumulated amortization mean?
This metric tracks the cumulative expense recognized over time to allocate the cost of finite-lived intangible assets, such as subscriber relationships or technology, over their estimated useful lives. It represents the portion of the asset's value that has been consumed or expired. A rising balance relative to the gross value indicates an aging portfolio of intangible assets.

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