Non-Current Assets

Other intangible assets—net

Medtronic Other intangible assets—net decreased by 4.0% to $10.34B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 15.2%, from $12.18B to $10.34B. Over 4 years (FY 2021 to FY 2025), Other intangible assets—net shows a downward trend with a -9.9% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryMarket Position
SignalHigher is better
VolatilityStable
First reportedQ4 2015
Last reportedQ3 2026Feb 24, 2026

How to read this metric

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.

Detailed definition

This represents the net book value of identifiable non-physical assets such as patents, intellectual property, software...

Peer comparison

High in semiconductor and tech firms due to heavy reliance on patent portfolios and acquired technology.

Metric ID: non_current_assets_intangible_assets_net_excluding_goodwill

Historical Data

20 periods
 Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Value$17.74B$16.89B$16.52B$16.08B$15.60B$15.78B$15.66B$15.27B$14.84B$14.43B$14.06B$13.69B$13.23B$12.82B$12.42B$12.18B$11.67B$11.22B$10.77B$10.34B
QoQ Change-4.8%-2.2%-2.7%-3.0%+1.2%-0.8%-2.5%-2.8%-2.8%-2.6%-2.6%-3.4%-3.1%-3.1%-1.9%-4.2%-3.8%-4.0%-4.0%
YoY Change-12.1%-6.6%-5.3%-5.1%-4.8%-8.5%-10.2%-10.3%-10.9%-11.2%-11.6%-11.0%-11.8%-12.5%-13.3%-15.2%
Range$10.34B$17.74B
CAGR-10.8%
Avg YoY Growth-10.0%
Median YoY Growth-11.0%
Current Streak14 quarters decline

Frequently Asked Questions

What is Medtronic's other intangible assets—net?
Medtronic (MDT) reported other intangible assets—net of $10.34B in Q4 2025.
How has Medtronic's other intangible assets—net changed year-over-year?
Medtronic's other intangible assets—net decreased by 15.2% year-over-year, from $12.18B to $10.34B.
What is the long-term trend for Medtronic's other intangible assets—net?
Over 4 years (2021 to 2025), Medtronic's other intangible assets—net has grown at a -9.9% compound annual growth rate (CAGR), from $17.74B to $11.67B.
What does other intangible assets—net mean?
The value of non-physical assets like patents and intellectual property, excluding goodwill.