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Corvex MOVE Lease Liability Payments - Due Year Two

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Other financials

Income statement

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Revenue$510.0K+148%
Gross profit-$945.0K-107%
Operating income-$4.8M+7.5%
Net income-$5.0M+3.3%
EPS (diluted)-$3.13+41.5%

Balance sheet

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Cash & equivalents$28.9M+4,126%
Total debt$22.8M+3,165%
Total equity$576.0M+17,711%
Total assets$604.5M+7,684%

Cash flow

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Operating cash flow-$4.3M+0.3%
CapEx$6.2M
Free cash flow-$10.5M

Valuation

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Market cap$21.79M+402%
Enterprise value$15.64M+235%
P/S29.6×+20.3×

Profitability

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Gross margin-424.9%-2,244pp
Operating margin-2,050.5%-817pp
Net margin-2,457.5%-909pp
FCF margin-2,175.8%

Returns & leverage

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Return on equity-6.3%
Debt / equity-0.2×
Current ratio2.1×+0.4×

Where this comes from

Reported directly by Corvex in its filing.

Tagged under the XBRL concept us-gaap:FinanceLeaseLiabilityPaymentsDueYearTwo.

The source filing: Corvex’s 10-Q, filed May 19, 2026.

Filed
May 19, 2026, 4:04 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001213900-26-058993
Line itemFinance LeasesOperating Leases
Remainder of 2026$3,238$1,551
20274,3171,840
20283,597829
Total undiscounted lease payments11,1524,220
Less: Present value discount(737)(237)
Lease liability$10,415$3,983

Item 1. Financial Statements

FAQ

What is Corvex's lease liability payments - due year two?
Corvex (MOVE) reported lease liability payments - due year two of $3.6M in Q1 2026.
How has Corvex's lease liability payments - due year two changed year-over-year?
Corvex's lease liability payments - due year two increased by 1184.6% year-over-year, from $280K to $3.6M.
What is the long-term trend for Corvex's lease liability payments - due year two?
Over 2 years (2023 to 2025), Corvex's lease liability payments - due year two has grown at a 141.5% compound annual growth rate (CAGR), from $48K to $280K.
What does lease liability payments - due year two mean?
This metric identifies the total cash payments required for operating and finance leases in the second year following the current balance sheet date. It helps investors forecast long-term fixed cost commitments and cash flow requirements. It is essential for modeling the company's future solvency and operational leverage.

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