MPLX Other intangible assets—net decreased by 2.7% to $1.36B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 156.9%, from $529.00M to $1.36B. Over 5 years (FY 2020 to FY 2025), Other intangible assets—net shows an upward trend with a 7.8% CAGR.
An increase typically follows acquisitions, while a steady decrease reflects ongoing amortization of existing intangible assets.
This represents the net book value of identifiable non-physical assets such as acquired technology, patents, customer li...
Standard for companies that grow through M&A, often labeled 'Intangible assets, net'.
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 | $896.00M | $864.00M | $831.00M | $800.00M | $768.00M | $736.00M | $705.00M | $673.00M | $641.00M | $609.00M | $654.00M | $618.00M | $585.00M | $551.00M | $518.00M | $529.00M | $497.00M | $1.44B | $1.40B | $1.36B |
| QoQ Change | — | -3.6% | -3.8% | -3.7% | -4.0% | -4.2% | -4.2% | -4.5% | -4.8% | -5.0% | +7.4% | -5.5% | -5.3% | -5.8% | -6.0% | +2.1% | -6.0% | +190.3% | -3.2% | -2.7% |
| YoY Change | — | — | — | — | -14.3% | -14.8% | -15.2% | -15.9% | -16.5% | -17.3% | -7.2% | -8.2% | -8.7% | -9.5% | -20.8% | -14.4% | -15.0% | +161.9% | +169.7% | +156.9% |
| Segment | Q4 '24 | Q4 '25 |
|---|---|---|
| Natural Gas & NGL Services | $459.00M | $1.35B |
| Crude Oil and Products Logistics | $59.00M | $48.00M |
| Total | $518.00M | $1.40B |
| Segment | Q2 '21 | Q4 '21 | Q4 '22 | Q4 '23 |
|---|---|---|---|---|
| Gathering and Processing | $712.00M | $665.00M | $575.00M | $560.00M |
| Logistics and Storage | $184.00M | $166.00M | $130.00M | $94.00M |
| Total | $896.00M | $831.00M | $705.00M | $654.00M |
Gathering and Processing, Logistics and Storage were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.