Non-Current Assets

Indefinite-Lived Research and Development Assets

Cardinal Health Indefinite-Lived Research and Development Assets increased by 78.6% to $25.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 92.3%, from $13.00M to $25.00M. Over 4 years (FY 2021 to FY 2025), Indefinite-Lived Research and Development Assets shows relatively stable performance with a 2.0% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ4 2015
Last reportedQ3 2026Apr 30, 2026

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

20 periods
 Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Value$12.00M$12.00M$12.00M$13.00M$11.00M$11.00M$11.00M$11.00M$11.00M$12.00M$12.00M$11.00M$12.00M$12.00M$12.00M$13.00M$13.00M$14.00M$14.00M$25.00M
QoQ Change+0.0%+0.0%+8.3%-15.4%+0.0%+0.0%+0.0%+0.0%+9.1%+0.0%-8.3%+9.1%+0.0%+0.0%+8.3%+0.0%+7.7%+0.0%+78.6%
YoY Change-8.3%-8.3%-8.3%-15.4%+0.0%+9.1%+9.1%+0.0%+9.1%+0.0%+0.0%+18.2%+8.3%+16.7%+16.7%+92.3%
Range$11.00M$25.00M
CAGR+16.7%
Avg YoY Growth+8.7%
Median YoY Growth+4.2%
Current Streak8 quarters growth

Indefinite-Lived Research and Development Assets at Other Companies

Frequently Asked Questions

What is Cardinal Health's indefinite-lived research and development assets?
Cardinal Health (CAH) reported indefinite-lived research and development assets of $25.00M in Q1 2026.
How has Cardinal Health's indefinite-lived research and development assets changed year-over-year?
Cardinal Health's indefinite-lived research and development assets increased by 92.3% year-over-year, from $13.00M to $25.00M.
What is the long-term trend for Cardinal Health's indefinite-lived research and development assets?
Over 4 years (2021 to 2025), Cardinal Health's indefinite-lived research and development assets has grown at a 2.0% compound annual growth rate (CAGR), from $12.00M to $13.00M.
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.