Ready Capital Other intangible assets—net decreased by 2.0% to $37.42M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1.7%, from $36.78M to $37.42M. Over 2 years (FY 2023 to FY 2025), Other intangible assets—net shows an upward trend with a 46.7% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase typically signals recent strategic acquisitions or significant investment in R&D and intellectual property, while a decrease reflects ongoing amortization or potential impairment.
This represents the net book value of identifiable non-physical assets such as patents, intellectual property, software...
High in semiconductor and tech firms due to heavy reliance on patent portfolios and acquired technology.
non_current_assets_intangible_assets_net_excluding_goodwill| Q4 '23 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|
| Value | $17.75M | $37.21M | $37.01M | $36.78M | $37.56M | $38.87M | $38.17M | $37.42M |
| QoQ Change | — | +109.6% | -0.5% | -0.6% | +2.1% | +3.5% | -1.8% | -2.0% |
| YoY Change | — | — | +108.5% | — | — | +4.5% | +3.2% | +1.7% |