Non-Current Assets

Indefinite-Lived Research and Development Assets

Altria Group Indefinite-Lived Research and Development Assets remained flat by 0.0% to $11.09B in Q1 2026 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $11.09B to $11.09B. Over 3 years (FY 2022 to FY 2025), Indefinite-Lived Research and Development Assets shows relatively stable performance with a -1.0% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ4 2018
Last reportedQ1 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

12 periods
 Q4 '22Q2 '23Q3 '23Q4 '23Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$11.44B$11.44B$11.44B$11.44B$11.09B$11.09B$11.09B$11.09B$11.09B$11.09B$11.09B$11.09B
QoQ Change+0.0%+0.0%+0.0%-3.1%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%
YoY Change+0.0%-3.1%-3.1%-3.1%+0.0%+0.0%+0.0%+0.0%
Range$11.09B$11.44B
CAGR-1.1%
Avg YoY Growth-1.2%
Median YoY Growth+0.0%
Current Streak7 quarters growth

Indefinite-Lived Research and Development Assets at Other Companies

Frequently Asked Questions

What is Altria Group's indefinite-lived research and development assets?
Altria Group (MO) reported indefinite-lived research and development assets of $11.09B in Q1 2026.
How has Altria Group's indefinite-lived research and development assets changed year-over-year?
Altria Group's indefinite-lived research and development assets decreased by 0.0% year-over-year, from $11.09B to $11.09B.
What is the long-term trend for Altria Group's indefinite-lived research and development assets?
Over 3 years (2022 to 2025), Altria Group's indefinite-lived research and development assets has grown at a -1.0% compound annual growth rate (CAGR), from $11.44B to $11.09B.
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.