Non-Current Liabilities

Operating Lease Liabilities (Total)

Neurocrine Biosciences Operating Lease Liabilities (Total) decreased by 1.7% to $463.50M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 6.0%, from $493.10M to $463.50M. Over 5 years (FY 2020 to FY 2025), Operating Lease Liabilities (Total) shows an upward trend with a 35.1% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalContext dependent
VolatilityModerate
First reportedQ1 2019
Last reportedQ1 2026May 5, 2026

How to read this metric

An increase indicates expansion of the leased asset base, while a decrease suggests a reduction in lease commitments or the expiration of lease terms.

Detailed definition

This represents the total present value of future lease payments for operating leases, recognized as a liability on the...

Peer comparison

Standardized under modern accounting rules, allowing for direct comparison of lease-based financing across companies in the same sector.

Metric ID: operating_lease_liabilities_total

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$124.00M$121.90M$121.80M$119.40M$116.70M$113.90M$110.90M$108.00M$106.80M$103.70M$290.30M$287.90M$291.60M$286.20M$495.70M$493.10M$489.80M$479.70M$471.30M$463.50M
QoQ Change-1.7%-0.1%-2.0%-2.3%-2.4%-2.6%-2.6%-1.1%-2.9%+179.9%-0.8%+1.3%-1.9%+73.2%-0.5%-0.7%-2.1%-1.8%-1.7%
YoY Change-5.9%-6.6%-8.9%-9.5%-8.5%-9.0%+161.8%+166.6%+173.0%+176.0%+70.8%+71.3%+68.0%+67.6%-4.9%-6.0%
Range$103.70M$495.70M
CAGR+32.0%
Avg YoY Growth+56.0%
Median YoY Growth+31.3%
Current Streak5 quarters decline

Frequently Asked Questions

What is Neurocrine Biosciences's operating lease liabilities (total)?
Neurocrine Biosciences (NBIX) reported operating lease liabilities (total) of $463.50M in Q1 2026.
How has Neurocrine Biosciences's operating lease liabilities (total) changed year-over-year?
Neurocrine Biosciences's operating lease liabilities (total) decreased by 6.0% year-over-year, from $493.10M to $463.50M.
What is the long-term trend for Neurocrine Biosciences's operating lease liabilities (total)?
Over 5 years (2020 to 2025), Neurocrine Biosciences's operating lease liabilities (total) has grown at a 35.1% compound annual growth rate (CAGR), from $104.70M to $471.30M.
What does operating lease liabilities (total) mean?
The total value of future payments the company is obligated to make for leased assets.