Operating Expenses
Variable Lease Cost
Vertex Pharmaceuticals Variable Lease Cost remained flat by 0.0% to $12.53M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 14.9%, from $10.90M to $12.53M. Over 2 years (FY 2023 to FY 2025), Variable Lease Cost shows an upward trend with a 6.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2023
Last reportedQ4 2025Feb 13, 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
3 years
| FY'23 | FY'24 | FY'25 | |
|---|---|---|---|
| Value | $44.60M | $43.60M | $50.10M |
| YoY Change | — | -2.2% | +14.9% |
Range$43.60M – $50.10M
CAGR+6.0%
Avg YoY Growth+6.3%
Median YoY Growth+6.3%
Variable Lease Cost at Other Companies
Frequently Asked Questions
- What is Vertex Pharmaceuticals's variable lease cost?
- Vertex Pharmaceuticals (VRTX) reported variable lease cost of $12.53M in Q4 2025.
- How has Vertex Pharmaceuticals's variable lease cost changed year-over-year?
- Vertex Pharmaceuticals's variable lease cost increased by 14.9% year-over-year, from $10.90M to $12.53M.
- What is the long-term trend for Vertex Pharmaceuticals's variable lease cost?
- Over 2 years (2023 to 2025), Vertex Pharmaceuticals's variable lease cost has grown at a 6.0% compound annual growth rate (CAGR), from $44.60M to $50.10M.
- What does variable lease cost mean?
- Lease costs that change based on usage or market indices.