Discontinued — last reported Q4 '17

Non-Current Assets

Indefinite-Lived Research and Development Assets

Pultegroup Indefinite-Lived Research and Development Assets decreased by 5.4% to $24.80M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 43.6%, from $43.94M to $24.80M. Over 3 years (FY 2022 to FY 2025), Indefinite-Lived Research and Development Assets shows a downward trend with a -26.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ3 2015
Last reportedQ4 2017

How to read this metric

An increase indicates aggressive investment in external innovation, while a decrease may signal project completion, commercialization, or impairment charges.

Detailed definition

This represents the value of acquired in-process research and development (IPR&D) projects that have not yet reached com...

Peer comparison

Common in pharmaceutical and medical device sectors where M&A is a primary driver of R&D pipelines.

Metric ID: indefinite_lived_rd_assets

Historical Data

14 periods
 Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$66.88M$64.21M$61.58M$58.96M$56.34M$53.80M$51.30M$48.80M$46.30M$43.94M$41.64M$39.34M$26.21M$24.80M
QoQ Change-4.0%-4.1%-4.3%-4.4%-4.5%-4.6%-4.9%-5.1%-5.1%-5.2%-5.5%-33.4%-5.4%
YoY Change-15.8%-16.2%-16.7%-17.2%-17.8%-18.3%-18.8%-19.4%-43.4%-43.6%
Range$24.80M$66.88M
CAGR-26.3%
Avg YoY Growth-22.7%
Median YoY Growth-18.1%
Current Streak13+ quarters decline

Indefinite-Lived Research and Development Assets at Other Companies

Frequently Asked Questions

What is Pultegroup's indefinite-lived research and development assets?
Pultegroup (PHM) reported indefinite-lived research and development assets of $24.80M in Q1 2026.
How has Pultegroup's indefinite-lived research and development assets changed year-over-year?
Pultegroup's indefinite-lived research and development assets decreased by 43.6% year-over-year, from $43.94M to $24.80M.
What is the long-term trend for Pultegroup's indefinite-lived research and development assets?
Over 3 years (2022 to 2025), Pultegroup's indefinite-lived research and development assets has grown at a -26.8% compound annual growth rate (CAGR), from $66.88M to $26.21M.
What does indefinite-lived research and development assets mean?
The value of ongoing research projects acquired from other companies that are not yet ready for sale.