What is Occidental Petroleum's software and technology licenses, net?

Occidental Petroleum (OXY) reported software and technology licenses, net of $6.27B in Q1 2026.

How has Occidental Petroleum's software and technology licenses, net changed year-over-year?

Occidental Petroleum's software and technology licenses, net increased by 110.7% year-over-year, from $2.98B to $6.27B.

What is the long-term trend for Occidental Petroleum's software and technology licenses, net?

Over 3 years (2022 to 2025), Occidental Petroleum's software and technology licenses, net has grown at a 110.3% compound annual growth rate (CAGR), from $1.26B to $11.72B.

What does software and technology licenses, net mean?

The net book value of the company's software and technology licenses.

Non-Current Assets

Software and Technology Licenses, Net

Occidental Petroleum Software and Technology Licenses, Net decreased by 46.4% to $6.27B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 110.7%, from $2.98B to $6.27B. Over 3 years (FY 2022 to FY 2025), Software and Technology Licenses, Net shows an upward trend with a 110.3% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement

SectionNon-Current Assets

CategoryEfficiency

SignalHigher is better

VolatilityModerate

First reportedQ4 2022

Last reportedQ1 2026May 5, 2026

How to read this metric

An increase suggests ongoing investment in technology and digital capabilities, which can drive long-term operational efficiency.

Detailed definition

This represents the capitalized cost of acquired software and technology licenses, net of accumulated amortization. It r...

Peer comparison

Increasingly important across the restaurant sector as companies invest in mobile apps, kiosks, and data analytics.

Metric ID: software_technology_licenses_net

Historical Data

11 periods

	Q4 '22	Q4 '23	Q1 '24	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26
Value	$1.26B	$2.75B	$2.73B	$2.77B	$2.75B	$10.51B	$2.98B	$2.98B	$3.06B	$11.72B	$6.27B
QoQ Change	—	+118.3%	-0.7%	+1.5%	-0.8%	+282.1%	-71.7%	-0.1%	+3.0%	+282.4%	-46.4%
YoY Change	—	+118.3%	—	—	—	+282.3%	+9.0%	+7.4%	+11.4%	+11.5%	+110.7%

Range$1.26B – $11.72B

CAGR+90.1%

Avg YoY Growth+78.6%

Median YoY Growth+11.5%

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Frequently Asked Questions

What is Occidental Petroleum's software and technology licenses, net?: Occidental Petroleum (OXY) reported software and technology licenses, net of $6.27B in Q1 2026.
How has Occidental Petroleum's software and technology licenses, net changed year-over-year?: Occidental Petroleum's software and technology licenses, net increased by 110.7% year-over-year, from $2.98B to $6.27B.
What is the long-term trend for Occidental Petroleum's software and technology licenses, net?: Over 3 years (2022 to 2025), Occidental Petroleum's software and technology licenses, net has grown at a 110.3% compound annual growth rate (CAGR), from $1.26B to $11.72B.
What does software and technology licenses, net mean?: The net book value of the company's software and technology licenses.