Parker-Hannifin Other intangible assets—net decreased by 2.4% to $7.43B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 0.7%, from $7.37B to $7.43B. Over 4 years (FY 2021 to FY 2025), Other intangible assets—net shows an upward trend with a 20.3% 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 | $3.52B | $3.43B | $3.34B | $3.25B | $3.14B | $8.39B | $8.39B | $8.29B | $8.45B | $8.19B | $8.15B | $7.96B | $7.82B | $7.75B | $7.44B | $7.37B | $7.37B | $7.76B | $7.61B | $7.43B |
| QoQ Change | — | -2.6% | -2.4% | -2.7% | -3.6% | +167.5% | -0.0% | -1.2% | +2.0% | -3.1% | -0.5% | -2.3% | -1.8% | -0.9% | -3.9% | -1.0% | +0.0% | +5.2% | -1.9% | -2.4% |
| YoY Change | — | — | — | — | -10.9% | +144.8% | +150.9% | +154.7% | +169.5% | -2.3% | -2.8% | -3.9% | -7.5% | -5.4% | -8.7% | -7.4% | -5.7% | +0.2% | +2.2% | +0.7% |