Operating Expenses
Variable Lease Cost
Kimco Realty Variable Lease Cost increased by 2.9% to $675.00K in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 19.7%, from $841.00K to $675.00K. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ2 2023
Last reportedQ1 2026Apr 30, 2026
How to read this metric
Higher variable costs may indicate increased operational activity or sensitivity to inflationary indices in lease contracts.
Detailed definition
Lease payments that are not fixed but depend on an index, rate, or usage-based performance criteria. These costs fluctua...
Peer comparison
Common in logistics and retail where lease terms are tied to sales volume or usage metrics.
Metric ID:
ms_variable_lease_costHistorical Data
8 periods
| Q2 '23 | Q3 '23 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|
| Value | $706.00K | $486.00K | $502.00K | $529.00K | $841.00K | $724.00K | $656.00K | $675.00K |
| QoQ Change | — | -31.2% | +3.3% | +5.4% | +59.0% | -13.9% | -9.4% | +2.9% |
| YoY Change | — | — | -28.9% | +8.8% | — | +44.2% | +24.0% | -19.7% |
Range$486.00K – $841.00K
CAGR-2.5%
Avg YoY Growth+5.7%
Median YoY Growth+8.8%
Variable Lease Cost at Other Companies
Frequently Asked Questions
- What is Kimco Realty's variable lease cost?
- Kimco Realty (KIM) reported variable lease cost of $675.00K in Q1 2026.
- How has Kimco Realty's variable lease cost changed year-over-year?
- Kimco Realty's variable lease cost decreased by 19.7% year-over-year, from $841.00K to $675.00K.
- What does variable lease cost mean?
- Lease costs that change based on usage or market indices.