Philip Morris International Other intangible assets—net decreased by 3.4% to $10.51B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 7.3%, from $11.35B to $10.51B. Over 5 years (FY 2020 to FY 2025), Other intangible assets—net shows an upward trend with a 40.1% 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| 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 | $1.96B | $2.89B | $2.82B | $2.79B | $2.66B | $2.22B | $6.73B | $6.73B | $6.63B | $9.58B | $9.86B | $9.45B | $12.17B | $11.92B | $11.33B | $11.35B | $11.38B | $11.15B | $10.88B | $10.51B |
| QoQ Change | — | +47.8% | -2.6% | -1.1% | -4.7% | -16.3% | +202.7% | +0.0% | -1.5% | +44.5% | +3.0% | -4.2% | +28.8% | -2.1% | -4.9% | +0.2% | +0.3% | -2.1% | -2.4% | -3.4% |
| YoY Change | — | — | — | — | +35.6% | -23.1% | +138.9% | +141.6% | +149.6% | +330.7% | +46.5% | +40.3% | +83.6% | +24.4% | +14.8% | +20.1% | -6.5% | -6.5% | -3.9% | -7.3% |