Impairment of Goodwill and Purchased Intangible Assets
ConocoPhillips Impairment of Goodwill and Purchased Intangible Assets increased by 35.7% to $19.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1800.0%, from $1.00M to $19.00M. Over 4 years (FY 2021 to FY 2025), Impairment of Goodwill and Purchased Intangible Assets shows a downward trend with a -55.7% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
Higher values signal poor performance or overpayment for past acquisitions, negatively impacting earnings.
Detailed definition
Charges recognized when the carrying value of goodwill or acquired intangible assets exceeds their fair value. This indi...
Peer comparison
Commonly reported by companies that have engaged in significant M&A activity.
klac_impairment_of_goodwill_and_purchased_intangible_assetsHistorical Data
| 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 | $2.00M | -$89.00M | $764.00M | $2.00M | $2.00M | $2.00M | -$18.00M | $1.00M | $0.00 | $11.00M | $2.00M | $0.00 | $34.00M | $0.00 | $46.00M | $1.00M | $1.00M | $10.00M | $14.00M | $19.00M |
| QoQ Change | — | <-999% | +958.4% | -99.7% | +0.0% | +0.0% | <-999% | +105.6% | -100.0% | — | -81.8% | -100.0% | — | -100.0% | — | -97.8% | +0.0% | +900.0% | +40.0% | +35.7% |
| YoY Change | — | — | — | — | +0.0% | +102.2% | -102.4% | -50.0% | -100.0% | +450.0% | +111.1% | -100.0% | — | -100.0% | >999% | — | -97.1% | — | -69.6% | >999% |
Business Segments
| Segment | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|
| Canada | -$500.00K | -$500.00K | -$500.00K | -$500.00K | $1.50M | $1.50M | $1.50M | $1.50M |
| Alaska | $500.00K | $500.00K | $500.00K | $500.00K | $0.00 | $0.00 | $0.00 | $0.00 |
| Asia Pacific | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Europe, Middle East and North Africa | -$250.00K | -$250.00K | -$250.00K | -$250.00K | $0.00 | $0.00 | $0.00 | $0.00 |
| Lower 48 | -$2.75M | -$2.75M | -$2.75M | -$2.75M | $1.75M | $1.75M | $1.75M | — |
| Total | $2.00M | $2.00M | $2.00M | -$18.00M | $1.00M | $0.00 | $11.00M | $2.00M |
Asia Pacific, Canada are derived from annual filings.
Alaska, Asia Pacific, Canada, Europe, Middle East and North Africa, Lower 48 were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Impairment of Goodwill and Purchased Intangible Assets at Other Companies
Frequently Asked Questions
- What is ConocoPhillips's impairment of goodwill and purchased intangible assets?
- ConocoPhillips (COP) reported impairment of goodwill and purchased intangible assets of $19.00M in Q1 2026.
- How has ConocoPhillips's impairment of goodwill and purchased intangible assets changed year-over-year?
- ConocoPhillips's impairment of goodwill and purchased intangible assets increased by 1800.0% year-over-year, from $1.00M to $19.00M.
- What is the long-term trend for ConocoPhillips's impairment of goodwill and purchased intangible assets?
- Over 4 years (2021 to 2025), ConocoPhillips's impairment of goodwill and purchased intangible assets has grown at a -55.7% compound annual growth rate (CAGR), from $674.00M to $26.00M.
- What does impairment of goodwill and purchased intangible assets mean?
- Non-cash charges for the reduction in value of acquired assets or goodwill.