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.
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| 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 | Q2 '26 | Q3 '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% |