Non-Current Assets

Intangible assets — net

McKesson Intangible assets — net decreased by 2.4% to $4.08B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 178.6%, from $1.46B to $4.08B. Over 5 years (FY 2021 to FY 2026), Intangible assets — net shows an upward trend with a 7.2% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalHigher is better
VolatilityStable
First reportedQ4 2015
Last reportedQ4 2026May 8, 2026

How to read this metric

Higher values indicate significant investment in proprietary technology or market access, though they require monitoring for potential impairment.

Detailed definition

This represents the net value of identifiable intangible assets with a limited useful life, such as patents, licenses, o...

Peer comparison

Common in technology, pharmaceutical, and defense firms that acquire or develop proprietary intellectual property.

Metric ID: non_current_assets_finite_lived_intangible_assets_net

Historical Data

20 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26
Value$2.80B$2.39B$2.13B$2.06B$1.98B$1.87B$2.27B$2.28B$2.22B$2.14B$2.10B$2.11B$2.05B$1.57B$1.51B$1.46B$4.27B$4.22B$4.18B$4.08B
QoQ Change-14.7%-10.7%-3.3%-4.0%-5.3%+21.4%+0.2%-2.5%-3.6%-2.1%+0.6%-3.1%-23.1%-4.1%-3.0%+191.8%-1.2%-1.0%-2.4%
YoY Change-29.4%-21.5%+6.7%+10.6%+12.4%+14.4%-7.7%-7.3%-7.9%-26.6%-28.0%-30.6%+108.9%+168.3%+176.9%+178.6%
Range$1.46B$4.27B
CAGR+8.3%
Avg YoY Growth+32.4%
Median YoY Growth-0.3%
Current Streak3 quarters decline

Frequently Asked Questions

What is McKesson's intangible assets — net?
McKesson (MCK) reported intangible assets — net of $4.08B in Q1 2026.
How has McKesson's intangible assets — net changed year-over-year?
McKesson's intangible assets — net increased by 178.6% year-over-year, from $1.46B to $4.08B.
What is the long-term trend for McKesson's intangible assets — net?
Over 5 years (2021 to 2026), McKesson's intangible assets — net has grown at a 7.2% compound annual growth rate (CAGR), from $2.88B to $4.08B.
What does intangible assets — net mean?
The value of non-physical assets with a limited lifespan, like patents or licenses.