Discontinued — last reported Q3 '23

Non-Current Assets

Intangible assets — net

Texas Pacific Land Intangible assets — net decreased by 1.8% to $32.26M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 6.8%, from $34.60M to $32.26M. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalHigher is better
VolatilityStable
First reportedQ1 2016
Last reportedQ3 2023

How to read this metric

Higher values indicate significant investment in proprietary technology or market access, though they require monitoring for potential impairment.

Detailed definition

This represents the net value of identifiable intangible assets with a limited useful life, such as patents, licenses, o...

Peer comparison

Common in technology, pharmaceutical, and defense firms that acquire or develop proprietary intellectual property.

Metric ID: non_current_assets_finite_lived_intangible_assets_net

Historical Data

12 periods
 Q4 '22Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$0.00$21.31M$21.03M$20.74M$20.46M$35.77M$35.19M$34.60M$34.02M$33.43M$32.85M$32.26M
QoQ Change-1.3%-1.4%-1.4%+74.9%-1.6%-1.7%-1.7%-1.7%-1.7%-1.8%
YoY Change+67.9%+67.4%+66.8%+66.3%-6.5%-6.7%-6.8%
Range$0.00$35.77M
Avg YoY Growth+35.5%
Median YoY Growth+66.3%
Current Streak6 quarters decline

Frequently Asked Questions

What is Texas Pacific Land's intangible assets — net?
Texas Pacific Land (TPL) reported intangible assets — net of $32.26M in Q1 2026.
How has Texas Pacific Land's intangible assets — net changed year-over-year?
Texas Pacific Land's intangible assets — net decreased by 6.8% year-over-year, from $34.60M to $32.26M.
What does intangible assets — net mean?
The value of non-physical assets with a limited lifespan, like patents or licenses.