Snap-on Other intangible assets—net decreased by 1.3% to $267.20M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 1.5%, from $271.40M to $267.20M. Over 5 years (FY 2020 to FY 2025), Other intangible assets—net shows relatively stable performance with a 0.7% 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| Q1 '21 | 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 | $254.60M | $255.20M | $249.60M | $301.70M | $295.50M | $283.50M | $271.30M | $275.60M | $273.30M | $269.50M | $263.00M | $268.90M | $277.70M | $274.80M | $277.30M | $267.60M | $271.40M | $275.10M | $275.40M | $270.70M | $267.20M |
| QoQ Change | — | +0.2% | -2.2% | +20.9% | -2.1% | -4.1% | -4.3% | +1.6% | -0.8% | -1.4% | -2.4% | +2.2% | +3.3% | -1.0% | +0.9% | -3.5% | +1.4% | +1.4% | +0.1% | -1.7% | -1.3% |
| YoY Change | — | — | — | — | +16.1% | +11.1% | +8.7% | -8.7% | -7.5% | -4.9% | -3.1% | -2.4% | +1.6% | +2.0% | +5.4% | -0.5% | -2.3% | +0.1% | -0.7% | +1.2% | -1.5% |