Operating Expenses

Short-term Lease Cost

GE Vernova Short-term Lease Cost remained flat by 0.0% to $3.50M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 44.0%, from $6.25M to $3.50M. Over 3 years (FY 2022 to FY 2025), Short-term Lease Cost shows a downward trend with a -39.1% CAGR.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ1 2022
Last reportedQ4 2025Jan 29, 2026

How to read this metric

Rising costs may indicate increased operational flexibility or a shift toward temporary asset usage rather than long-term capital commitments.

Detailed definition

This metric captures the total expense recognized for leases with a term of 12 months or less. These leases are typicall...

Peer comparison

Standard disclosure for companies following IFRS 16 or ASC 842 accounting rules.

Metric ID: cat_short_term_lease_cost

Historical Data

4 years
 FY'22FY'23FY'24FY'25
Value$62.00M$63.00M$25.00M$14.00M
YoY Change+1.6%-60.3%-44.0%
Range$14.00M$63.00M
CAGR-39.1%
Avg YoY Growth-34.2%
Median YoY Growth-44.0%
Current Streak2 years decline

Short-term Lease Cost at Other Companies

Frequently Asked Questions

What is GE Vernova's short-term lease cost?
GE Vernova (GEV) reported short-term lease cost of $3.50M in Q4 2025.
How has GE Vernova's short-term lease cost changed year-over-year?
GE Vernova's short-term lease cost decreased by 44.0% year-over-year, from $6.25M to $3.50M.
What is the long-term trend for GE Vernova's short-term lease cost?
Over 3 years (2022 to 2025), GE Vernova's short-term lease cost has grown at a -39.1% compound annual growth rate (CAGR), from $62.00M to $14.00M.
What does short-term lease cost mean?
The cost of renting assets for short-term periods of one year or less.