Elevance Health Other intangible assets—net decreased by 1.0% to $11.09B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 7.1%, from $11.94B to $11.09B. Over 5 years (FY 2020 to FY 2025), Other intangible assets—net shows an upward trend with a 3.6% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase typically signals recent strategic acquisitions or significant investment in R&D and intellectual property, while a decrease reflects ongoing amortization or potential impairment.
This represents the net book value of identifiable non-physical assets such as patents, intellectual property, software...
High in semiconductor and tech firms due to heavy reliance on patent portfolios and acquired technology.
non_current_assets_intangible_assets_net_excluding_goodwill| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $10.54B | $10.75B | $10.62B | $10.59B | $10.76B | $10.54B | $10.32B | $10.92B | $10.70B | $10.49B | $10.27B | $10.71B | $10.45B | $10.33B | $12.09B | $11.94B | $11.49B | $11.33B | $11.20B | $11.09B |
| QoQ Change | — | +2.0% | -1.2% | -0.3% | +1.6% | -2.1% | -2.1% | +5.8% | -1.9% | -2.0% | -2.1% | +4.3% | -2.5% | -1.2% | +17.1% | -1.3% | -3.8% | -1.4% | -1.1% | -1.0% |
| YoY Change | — | — | — | — | +2.1% | -2.0% | -2.8% | +3.1% | -0.5% | -0.4% | -0.4% | -1.9% | -2.4% | -1.6% | +17.7% | +11.5% | +10.0% | +9.7% | -7.4% | -7.1% |