Operating Expenses
Variable Lease Cost
GE Vernova Variable Lease Cost remained flat by 0.0% to $5.25M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 55.3%, from $11.75M to $5.25M. Over 3 years (FY 2022 to FY 2025), Variable Lease Cost shows a downward trend with a -26.6% 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 2022
Last reportedQ4 2025Jan 29, 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
4 years
| FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|
| Value | $53.00M | $49.00M | $47.00M | $21.00M |
| YoY Change | — | -7.5% | -4.1% | -55.3% |
Range$21.00M – $53.00M
CAGR-26.6%
Avg YoY Growth-22.3%
Median YoY Growth-7.5%
Current Streak3+ years decline
Variable Lease Cost at Other Companies
Frequently Asked Questions
- What is GE Vernova's variable lease cost?
- GE Vernova (GEV) reported variable lease cost of $5.25M in Q4 2025.
- How has GE Vernova's variable lease cost changed year-over-year?
- GE Vernova's variable lease cost decreased by 55.3% year-over-year, from $11.75M to $5.25M.
- What is the long-term trend for GE Vernova's variable lease cost?
- Over 3 years (2022 to 2025), GE Vernova's variable lease cost has grown at a -26.6% compound annual growth rate (CAGR), from $53.00M to $21.00M.
- What does variable lease cost mean?
- Lease costs that change based on usage or market indices.