Quarterly report [Sections 13 or 15(d)]

Property and Equipment (Tables)

v3.25.2
Property and Equipment (Tables)
6 Months Ended
Jun. 30, 2025
Property, Plant and Equipment [Abstract]  
Schedule of Property and Equipment, Net
Property and equipment, net, consists of the following:
  June 30, 2025 December 31, 2024
Satellite system $ 1,889  $ 1,598 
Capitalized software and hardware 2,532  2,429 
Construction in progress 828  988 
Other
722  718 
Total property and equipment 5,971  5,733 
Accumulated depreciation (3,825) (3,624)
Property and equipment, net $ 2,146  $ 2,109 
Construction in progress consists of the following:
  June 30, 2025 December 31, 2024
Satellite system $ 588  $ 751 
Capitalized software and hardware 198  197 
Other 42  40 
Construction in progress $ 828  $ 988 
Schedule of Orbiting Satellites The chart below provides certain information on our satellites as of June 30, 2025:
Satellite Description Year Delivered Estimated End of
Depreciable Life
FCC License Expiration Year
SIRIUS FM-5 2009 2024
2025 (a)
SIRIUS FM-6 2013 2028 2030
XM-5 2010 2025 2026
SXM-8 2021 2036 2029
SXM-9
2025 2040 2033
(a)We filed an application with the FCC to extend the license for our SIRIUS FM-5 satellite on July 7, 2025 and expect it to be granted routinely.