Other
Software amortization expense
Truist Financial Software amortization expense decreased by 5.0% to $230.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $230.00M to $230.00M. Over 4 years (FY 2021 to FY 2025), Software amortization expense shows relatively stable performance with a -0.2% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementIncome Statement
SectionOther
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2016
Last reportedQ1 2026May 1, 2026
How to read this metric
An increase reflects higher historical investment in technology, while a decrease may suggest a slowdown in digital infrastructure spending.
Detailed definition
This represents the periodic expense recognized as capitalized software costs are systematically written off over their...
Peer comparison
Standard accounting practice for companies with significant technology assets.
Metric ID:
other_capitalized_computer_software_amortization1Historical Data
20 periods
| 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 | $246.00M | $251.00M | $238.00M | $232.00M | $234.00M | $225.00M | $241.00M | $214.00M | $237.00M | $238.00M | $240.00M | $224.00M | $218.00M | $222.00M | $232.00M | $230.00M | $231.00M | $233.00M | $242.00M | $230.00M |
| QoQ Change | — | +2.0% | -5.2% | -2.5% | +0.9% | -3.8% | +7.1% | -11.2% | +10.7% | +0.4% | +0.8% | -6.7% | -2.7% | +1.8% | +4.5% | -0.9% | +0.4% | +0.9% | +3.9% | -5.0% |
| YoY Change | — | — | — | — | -4.9% | -10.4% | +1.3% | -7.8% | +1.3% | +5.8% | -0.4% | +4.7% | -8.0% | -6.7% | -3.3% | +2.7% | +6.0% | +5.0% | +4.3% | +0.0% |
Range$214.00M – $251.00M
CAGR-1.4%
Avg YoY Growth-0.7%
Median YoY Growth+0.6%
Software amortization expense at Other Companies
Frequently Asked Questions
- What is Truist Financial's software amortization expense?
- Truist Financial (TFC) reported software amortization expense of $230.00M in Q1 2026.
- How has Truist Financial's software amortization expense changed year-over-year?
- Truist Financial's software amortization expense decreased by 0.0% year-over-year, from $230.00M to $230.00M.
- What is the long-term trend for Truist Financial's software amortization expense?
- Over 4 years (2021 to 2025), Truist Financial's software amortization expense has grown at a -0.2% compound annual growth rate (CAGR), from $945.00M to $936.00M.
- What does software amortization expense mean?
- The annual expense recognized from the cost of previously purchased or developed software.