Sirius XM Holdings (BSP:SRXM34) Research & Development : R$1,618 Mil (TTM As of Sep. 2024)

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What is Sirius XM Holdings Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Sirius XM Holdings's Research & Development for the three months ended in Sep. 2024 was R$377 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Sep. 2024 was R$1,618 Mil.

Sirius XM Holdings Research & Development Historical Data

The historical data trend for Sirius XM Holdings's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Sirius XM Holdings Research & Development Chart

Sirius XM Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

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1,149.26

1,353.06

1,498.55

1,494.94

1,577.74

Sirius XM Holdings Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Research & Development	Get a 7-Day Free Trial															355.59	431.18	428.26	382.41	376.57

Sirius XM Holdings Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was R$1,618 Mil.

Sirius XM Holdings (BSP:SRXM34) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Sirius XM Holdings Research & Development Related Terms

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Sirius XM Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Sirius XM Holdings Inc (BSP:SRXM34) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

SIRI:USA SIRI1:Mexico RDO:Germany

Address

1221 Avenue of the Americas, 35th Floor, New York, NY, USA, 10020

Website

https://www.siriusxm.com

Sirius XM operates almost exclusively in the US through its SiriusXM and Pandora audio services. SiriusXM is primarily a satellite radio service, which offers nationwide coverage and mostly ad-free listening, with proprietary channels and exclusive content. It makes agreements with automakers to install its radios in vehicles and give trial services to vehicle buyers, which have traditionally fed its subscriber base. The company operates the service through a handful of geostationary satellites that it owns and operates, but it now offers a streaming SiriusXM option as well. Pandora, which makes up a much smaller portion of revenue and profit, offers a subscription and ad-supported streaming music service that competes with industry giants like Spotify, Apple Music, and YouTube Music.

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