Operating Expenses
Deferred Rent Expense
Year-over-year, this metric grew by 65.9%, from -$191.60M to -$65.30M.
Analysis
StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026May 5, 2026
How to read this metric
An increase suggests that cash payments are currently lower than the straight-line expense, while a decrease indicates the opposite.
Detailed definition
This metric captures the accounting adjustment required to recognize lease costs on a straight-line basis over the lease...
Peer comparison
Common in companies with significant real estate footprints; standard accounting practice under ASC 842.
Metric ID:
tmusz_deferred_rent_expenseHistorical Data
17 periods
| Q2 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$237.90M | -$41.90M | -$12.30M | -$229.40M | -$182.30M | -$134.13M | -$134.13M | -$134.13M | -$134.13M | -$158.30M | -$118.80M | -$123.30M | -$191.60M | -$113.80M | -$235.90M | $0.00 | -$65.30M |
| QoQ Change | — | +82.4% | +70.6% | <-999% | +20.5% | +26.4% | +0.0% | +0.0% | +0.0% | -18.0% | +25.0% | -3.8% | -55.4% | +40.6% | -107.3% | +100.0% | — |
| YoY Change | — | — | — | +3.6% | — | -990.4% | +41.5% | +26.4% | — | -18.0% | +11.4% | +8.1% | -21.0% | +4.2% | -91.3% | — | +65.9% |
Range-$237.90M – $0.00
CAGR-27.6%
Avg YoY Growth-87.2%
Median YoY Growth+4.2%
Current Streak2 quarters growth
Deferred Rent Expense at Other Companies
Frequently Asked Questions
- What is Vertex Pharmaceuticals's deferred rent expense?
- Vertex Pharmaceuticals (VRTX) reported deferred rent expense of -$65.30M in Q1 2026.
- How has Vertex Pharmaceuticals's deferred rent expense changed year-over-year?
- Vertex Pharmaceuticals's deferred rent expense increased by 65.9% year-over-year, from -$191.60M to -$65.30M.
- What does deferred rent expense mean?
- The difference between actual cash rent paid and the average rent expense recognized over the life of a lease.