Operating Expenses

Impairment of Goodwill and Purchased Intangible Assets

Ovintiv Impairment of Goodwill and Purchased Intangible Assets increased by 2930.6% to $1.49B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 103.4%, from $730.00M to $1.49B. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ1 2018
Last reportedQ1 2026May 11, 2026

How to read this metric

Higher values signal poor performance or overpayment for past acquisitions, negatively impacting earnings.

Detailed definition

Charges recognized when the carrying value of goodwill or acquired intangible assets exceeds their fair value. This indi...

Peer comparison

Commonly reported by companies that have engaged in significant M&A activity.

Metric ID: klac_impairment_of_goodwill_and_purchased_intangible_assets

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$450.00M$730.00M$0.00$141.00M$49.00M$1.49B
QoQ Change+62.2%-100.0%-65.2%>999%
YoY Change-89.1%+103.4%
Range$0.00$1.49B
Avg YoY Growth+7.2%
Median YoY Growth+7.2%

Business Segments

View all
SegmentQ1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Usa Operations$0.00$0.00$0.00$0.00$0.00$0.00$0.00$49.00M
Canadian Operations$0.00$0.00$0.00$450.00M$730.00M$0.00$141.00M$0.00
Total$0.00$0.00$0.00$450.00M$730.00M$0.00$141.00M$49.00M

Frequently Asked Questions

What is Ovintiv's impairment of goodwill and purchased intangible assets?
Ovintiv (OVV) reported impairment of goodwill and purchased intangible assets of $1.49B in Q1 2026.
How has Ovintiv's impairment of goodwill and purchased intangible assets changed year-over-year?
Ovintiv's impairment of goodwill and purchased intangible assets increased by 103.4% year-over-year, from $730.00M to $1.49B.
What does impairment of goodwill and purchased intangible assets mean?
Non-cash charges for the reduction in value of acquired assets or goodwill.