What is Sirius XM's siriusxm — gross carrying value?

Sirius XM (SIRI) reported siriusxm — gross carrying value of $8.61B in Q2 2026.

How has Sirius XM's siriusxm — gross carrying value changed year-over-year?

Sirius XM's siriusxm — gross carrying value decreased by 0.0% year-over-year, from $8.61B to $8.61B.

What does siriusxm — gross carrying value mean?

This represents the total historical cost of intangible assets acquired by the SiriusXM segment before accounting for any accumulated amortization or impairment. It reflects the initial investment value recognized at the time of acquisition for assets such as subscriber lists, trademarks, and content rights. Monitoring this value helps investors understand the scale of historical capital deployment for intangible growth.

Sirius XM (SIRI) SiriusXM — Gross Carrying Value

Screener

Other segment segments

Pandora and Off-platform

$442M0.0%

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CBOEOptions — Indefinite-lived intangible assets, gross

$95.5M0.0%

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

See full

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

See full

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

See full

Gross margin53.5%-0.3pp

Operating margin19.1%—

Net margin10.2%—

FCF margin18%+6.4pp

Returns & leverage

See full

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:IndefiniteLivedIntangibleAssetsExcludingGoodwill.

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 item	Weighted Average Useful Lives	June 30, 2026 / Gross Carrying Value	June 30, 2026 / Accumulated Amortization	June 30, 2026 / Net Carrying Value	December 31, 2025 / Gross Carrying Value	December 31, 2025 / Accumulated Amortization	December 31, 2025 / Net Carrying Value
Recorded to SiriusXM Reporting Unit:
Indefinite life intangible assets:
FCC licenses	Indefinite	$8,610	—	$8,610	$8,610	—	$8,610
Trademarks	Indefinite	930	—	930	930	—	930
Definite life intangible assets:
Customer relationships	15 years	570	(513)	57	570	(494)	76
OEM relationships	15 years	220	(186)	34	220	(178)	42
Licensing agreements	15 years	285	(267)	18	285	(260)	25

Item 1. Financial Statements (unaudited)

FAQ

What is Sirius XM's siriusxm — gross carrying value?: Sirius XM (SIRI) reported siriusxm — gross carrying value of $8.61B in Q2 2026.
How has Sirius XM's siriusxm — gross carrying value changed year-over-year?: Sirius XM's siriusxm — gross carrying value decreased by 0.0% year-over-year, from $8.61B to $8.61B.
What does siriusxm — gross carrying value mean?: This represents the total historical cost of intangible assets acquired by the SiriusXM segment before accounting for any accumulated amortization or impairment. It reflects the initial investment value recognized at the time of acquisition for assets such as subscriber lists, trademarks, and content rights. Monitoring this value helps investors understand the scale of historical capital deployment for intangible growth.