What is ConocoPhillips's impairment of goodwill and purchased intangible assets?

ConocoPhillips (COP) reported impairment of goodwill and purchased intangible assets of $19.00M in Q1 2026.

Discontinued — last reported Q2 '22

Impairment of Goodwill and Purchased Intangible Assets

ConocoPhillips Impairment of Goodwill and Purchased Intangible Assets increased by 1800.0% to $19.00M in Q1 2026 compared to the prior quarter. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement

SectionOperating Expenses

CategoryRisk

SignalLower is better

VolatilityVolatile

First reportedQ1 2013

Last reportedQ2 2022

How to read this metric

An increase is a negative signal indicating poor historical capital allocation or deteriorating business unit performance.

Detailed definition

This metric represents non-cash charges taken when the carrying value of goodwill or acquired intangible assets exceeds...

Peer comparison

Reported by most large corporations; indicates potential issues with M&A strategy.

Metric ID: is_klac_impairment_of_goodwill_and_purchased_intangible_assets

Historical Data

2 periods

	Q1 '25	Q1 '26
Value	$1.00M	$19.00M
QoQ Change	—	>999%
YoY Change	—	>999%

Range$1.00M – $19.00M

Avg YoY Growth>999%

Median YoY Growth>999%

Frequently Asked Questions

What is ConocoPhillips's impairment of goodwill and purchased intangible assets?: ConocoPhillips (COP) reported impairment of goodwill and purchased intangible assets of $19.00M in Q1 2026.
What does impairment of goodwill and purchased intangible assets mean?: A non-cash charge reflecting a decline in the value of previously acquired businesses or assets.