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Independent Bank Corp INDB Amortization of acquired technology

Amortization of acquired technology at other companies

Independent Bank Corp logo
Independent Bank CorpINDB
$4.23M+186%
Open Text logo
Open TextOTEX
$43.32M-8.2%
Veracyte logo
VeracyteVCYT
$2.71M+4.7%
Ligand Pharmaceuticals logo
Ligand PharmaceuticalsLGND
$8.1M-1.9%
Willis Towers Watson logo
Willis Towers WatsonWTW
$48M0.0%
Dynatrace logo
DynatraceDT
$927K+26.3%

Other financials

Income statement

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Revenue$252.7M+41.9%
Net income$79.9M+79.9%
EPS (diluted)$1.63+56.7%

Balance sheet

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Cash & equivalents$729.0M+1.7%
Total debt$776.3M-9.7%
Total equity$3.5B+16.8%
Total assets$24.8B+24.6%

Cash flow

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Operating cash flow$117.2M+779%
CapEx$5.6M+176%
Free cash flow$111.6M+887%

Valuation

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Market cap$3.91B+36.8%
Enterprise value$3.96B+31.6%
P/E16.3×+1.1×
P/S4.2×+0.1×

Profitability

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Net margin25.8%-1.1pp
FCF margin36.4%+11.5pp

Returns & leverage

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Return on equity7.3%+0.9pp
Debt / equity0.2×-0.1×

Where this comes from

Reported directly by Independent Bank Corp in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSoldAmortization.

The official record: Independent Bank Corp’s 10-K, filed February 27, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Independent Bank Corp's amortization of acquired technology?
Independent Bank Corp (INDB) reported amortization of acquired technology of $4.23M in Q4 2025.
How has Independent Bank Corp's amortization of acquired technology changed year-over-year?
Independent Bank Corp's amortization of acquired technology increased by 186.4% year-over-year, from $1.48M to $4.23M.
What is the long-term trend for Independent Bank Corp's amortization of acquired technology?
Over 4 years (2021 to 2025), Independent Bank Corp's amortization of acquired technology has grown at a 31.2% compound annual growth rate (CAGR), from $5.72M to $16.91M.
What does amortization of acquired technology mean?
The periodic allocation of the cost of intangible assets, such as acquired software or customer lists, over their useful lives. This non-cash expense reflects the historical investment in acquired technology and business infrastructure.