Discontinued — last reported Q1 '24
Non-Current Assets
Software and Technology Licenses, Net
Barnes Group Software and Technology Licenses, Net increased by 1.0% to $110.39M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 20.4%, from $91.68M to $110.39M. Over 3 years (FY 2020 to FY 2023), Software and Technology Licenses, Net shows an upward trend with a 14.7% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ3 2019
Last reportedQ1 2024
How to read this metric
Growth indicates investment in new technology or design capabilities, while a decline suggests amortization outpacing new acquisitions.
Detailed definition
This represents the capitalized costs of acquired software and intellectual property licenses, net of accumulated amorti...
Peer comparison
Technology firms often hold significant intangible assets related to IP and software compared to non-tech industrial peers.
Metric ID:
software_technology_licenses_netHistorical Data
14 periods
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $62.00M | $61.03M | $77.56M | $83.43M | $83.53M | $76.66M | $65.30M | $72.16M | $76.09M | $91.68M | $98.21M | $109.17M | $109.35M | $110.39M |
| QoQ Change | — | -1.6% | +27.1% | +7.6% | +0.1% | -8.2% | -14.8% | +10.5% | +5.4% | +20.5% | +7.1% | +11.2% | +0.2% | +1.0% |
| YoY Change | — | — | — | — | +34.7% | +25.6% | -15.8% | -13.5% | -8.9% | +19.6% | +50.4% | +51.3% | +43.7% | +20.4% |
Range$61.03M – $110.39M
CAGR+19.4%
Avg YoY Growth+20.8%
Median YoY Growth+23.0%
Current Streak7 quarters growth
Software and Technology Licenses, Net at Other Companies
Frequently Asked Questions
- What is Barnes Group's software and technology licenses, net?
- Barnes Group (B) reported software and technology licenses, net of $110.39M in Q3 2024.
- How has Barnes Group's software and technology licenses, net changed year-over-year?
- Barnes Group's software and technology licenses, net increased by 20.4% year-over-year, from $91.68M to $110.39M.
- What is the long-term trend for Barnes Group's software and technology licenses, net?
- Over 3 years (2020 to 2023), Barnes Group's software and technology licenses, net has grown at a 14.7% compound annual growth rate (CAGR), from $65.13M to $98.21M.
- What does software and technology licenses, net mean?
- The net book value of purchased software and technology rights used in business operations.