Discontinued — last reported Q3 '25

Operating

Non-Cash Lease Expense

Corvex Non-Cash Lease Expense increased by 37.2% to $118.00K in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 110.7%, from $56.00K to $118.00K. Over 2 years (FY 2023 to FY 2025), Non-Cash Lease Expense shows relatively stable performance with a -2.1% CAGR.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ1 2018
Last reportedQ3 2025

How to read this metric

An increase suggests an expansion of the company's physical footprint or equipment leasing arrangements.

Detailed definition

This reflects the non-cash amortization of right-of-use assets associated with operating leases under accounting standar...

Peer comparison

Standard for all companies reporting under modern lease accounting standards.

Metric ID: operating_lease_expense

Historical Data

15 periods
 Q1 '22Q2 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$45.00K$48.00K$64.00K$64.00K$65.00K$68.00K$63.00K$61.00K$57.00K$56.00K$56.00K$53.00K$55.00K$86.00K$118.00K
QoQ Change+6.7%+33.3%+0.0%+1.6%+4.6%-7.4%-3.2%-6.6%-1.8%+0.0%-5.4%+3.8%+56.4%+37.2%
YoY Change+42.2%+33.3%-1.6%-4.7%-12.3%-17.6%-11.1%-13.1%-3.5%+53.6%+110.7%
Range$45.00K$118.00K
CAGR+31.7%
Avg YoY Growth+16.0%
Median YoY Growth-3.5%
Current Streak3 quarters growth

Frequently Asked Questions

What is Corvex 's non-cash lease expense?
Corvex (MOVE) reported non-cash lease expense of $118.00K in Q1 2026.
How has Corvex 's non-cash lease expense changed year-over-year?
Corvex 's non-cash lease expense increased by 110.7% year-over-year, from $56.00K to $118.00K.
What is the long-term trend for Corvex 's non-cash lease expense?
Over 2 years (2023 to 2025), Corvex 's non-cash lease expense has grown at a -2.1% compound annual growth rate (CAGR), from $261.00K to $250.00K.
What does non-cash lease expense mean?
The non-cash accounting charge for the use of leased assets.