Non-Current Assets

Software and Technology Licenses, Net

Elevance Health Software and Technology Licenses, Net increased by 11.8% to $2.58B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 7.9%, from $2.39B to $2.58B. Over 5 years (FY 2020 to FY 2025), Software and Technology Licenses, Net shows an upward trend with a 9.9% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryEfficiency
SignalHigher is better
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026Apr 22, 2026

How to read this metric

An increase suggests ongoing investment in technology and digital capabilities, which can drive long-term operational efficiency.

Detailed definition

This represents the capitalized cost of acquired software and technology licenses, net of accumulated amortization. It r...

Peer comparison

Increasingly important across the restaurant sector as companies invest in mobile apps, kiosks, and data analytics.

Metric ID: software_technology_licenses_net

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$1.69B$1.80B$5.63B$1.80B$2.00B$2.17B$5.35B$1.86B$2.13B$2.33B$5.87B$2.25B$2.20B$2.60B$2.14B$2.39B$2.56B$2.78B$2.31B$2.58B
QoQ Change+6.8%+211.9%-68.0%+11.0%+8.4%+146.6%-65.3%+14.9%+9.2%+152.0%-61.8%-2.2%+18.5%-17.8%+11.8%+7.1%+8.4%-16.8%+11.8%
YoY Change+18.5%+20.3%-4.8%+3.0%+6.5%+7.3%+9.6%+20.9%+3.0%+11.8%-63.5%+6.5%+16.7%+6.7%+7.9%+7.9%
Range$1.69B$5.87B
CAGR+9.3%
Avg YoY Growth+4.9%
Median YoY Growth+7.6%

Frequently Asked Questions

What is Elevance Health's software and technology licenses, net?
Elevance Health (ELV) reported software and technology licenses, net of $2.58B in Q1 2026.
How has Elevance Health's software and technology licenses, net changed year-over-year?
Elevance Health's software and technology licenses, net increased by 7.9% year-over-year, from $2.39B to $2.58B.
What is the long-term trend for Elevance Health's software and technology licenses, net?
Over 5 years (2020 to 2025), Elevance Health's software and technology licenses, net has grown at a 9.9% compound annual growth rate (CAGR), from $1.44B to $2.31B.
What does software and technology licenses, net mean?
The net book value of the company's software and technology licenses.