Sirius XM Holdings Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	993	-1,665	786	908	1,314	131
Depreciation & Amortization	572	622	669	660	583	562
Other Amortization	-7	-	-	-	21	20
Asset Writedown & Restructuring Costs	-427	2,819	26	65	24	1,000
Loss (Gain) From Sale of Investments	536	536	-	-	-5	-6
Loss (Gain) on Equity Investments	112	116	19	5	20	16
Stock-Based Compensation	186	200	203	209	202	223
Provision & Write-off of Bad Debts	-	-	-	-	53	60
Other Operating Activities	129	-628	295	474	197	280
Change in Accounts Receivable	-40	-128	-148	-28	-108	-36
Change in Accounts Payable	19	19	98	-163	104	42
Change in Unearned Revenue	-75	-150	-119	-149	-287	-223
Change in Other Net Operating Assets	-101	-	-	-	-120	-51
Operating Cash Flow	1,897	1,741	1,829	1,981	1,998	2,018
Operating Cash Flow Growth	19.31%	-4.81%	-7.67%	-0.85%	-0.99%	0.05%
Capital Expenditures	-674	-728	-650	-426	-388	-350
Cash Acquisitions	-	-	-	-136	-14	-300
Investment in Securities	-	-	-	66	-25	-102
Other Investing Activities	-92	-242	-46	3	227	11
Investing Cash Flow	-766	-970	-696	-493	-200	-741
Long-Term Debt Issued	-	3,205	2,681	2,900	5,619	2,130
Long-Term Debt Repaid	-	-3,914	-3,782	-2,639	-5,333	-1,507
Net Debt Issued (Repaid)	-678	-709	-1,101	261	286	623
Issuance of Common Stock	-	-	-	-	10	-
Repurchase of Common Stock	-129	-50	-338	-794	-1,626	-1,669
Common Dividends Paid	-315	-92	-	-	-268	-237
Other Financing Activities	-57	-65	251	-1,191	-84	-31
Financing Cash Flow	-1,179	-916	-1,188	-1,724	-1,682	-1,314
Net Cash Flow	-48	-145	-55	-236	116	-37
Free Cash Flow	1,223	1,013	1,179	1,555	1,610	1,668
Free Cash Flow Growth	36.19%	-14.08%	-24.18%	-3.42%	-3.48%	0.85%
Free Cash Flow Margin	14.30%	11.64%	13.17%	17.27%	18.52%	20.75%
Free Cash Flow Per Share	3.46	3.00	3.26	4.23	3.89	3.77
Cash Interest Paid	487	473	507	487	-	358
Cash Income Tax Paid	171	218	165	136	-	38
Levered Free Cash Flow	863.75	813.63	1,075	1,198	1,151	1,247
Unlevered Free Cash Flow	1,161	1,124	1,408	1,512	1,389	1,473
Change in Working Capital	-197	-259	-169	-340	-411	-268

Source: S&P Global Market Intelligence. Standard template. Financial Sources.