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SIRI Current Contract Liabilities

Current Contract Liabilities

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As of Q4'25, SIRI's current contract liabilities stand at USD 976M, marking the lowest point in the observed period from Q1'23 to Q4'25. This represents a continued decline from the previous quarter, where liabilities were at USD 1.09B. Over the period from Q1'23 to Q4'25, SIRI's current contract liabilities have exhibited a consistent downward trend, decreasing from USD 1.39B in Q1'23 to USD 976M in Q4'25. The decline has been steady each quarter, with no significant reversals or periods of stabilization, indicating a persistent reduction in outstanding contract obligations over the last three years.