Non-Current Liabilities
Operating Lease Liabilities
Vertex Pharmaceuticals Operating Lease Liabilities increased by 7.6% to $1.99B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 29.2%, from $1.54B to $1.99B. Over 5 years (FY 2020 to FY 2025), Operating Lease Liabilities shows an upward trend with a 39.4% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalContext dependent
VolatilityStable
First reportedQ4 2018
Last reportedQ1 2026May 5, 2026
How to read this metric
An increase reflects expansion of physical footprint or long-term commitments, while a decrease suggests lease expirations or downsizing.
Detailed definition
This represents the long-term portion of lease obligations for assets such as office space, laboratories, or equipment....
Peer comparison
Common in capital-intensive industries like biotech that require significant laboratory and office infrastructure.
Metric ID:
operating_lease_liabilities_non_currentHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $368.92M | $363.55M | $377.4M | $377M | $365M | $382.3M | $379.5M | $371.6M | $363.5M | $354.4M | $348.6M | $359.8M | $586.8M | $1.59B | $1.54B | $1.54B | $1.53B | $1.83B | $1.85B | $1.99B |
| QoQ Change | — | -1.5% | +3.8% | -0.1% | -3.2% | +4.7% | -0.7% | -2.1% | -2.2% | -2.5% | -1.6% | +3.2% | +63.1% | +170.8% | -2.8% | -0.4% | -0.7% | +20.1% | +0.6% | +7.6% |
| YoY Change | — | — | — | — | -1.1% | +5.2% | +0.6% | -1.4% | -0.4% | -7.3% | -8.1% | -3.2% | +61.4% | +348.3% | +343.0% | +327.4% | +160.3% | +15.5% | +19.6% | +29.2% |
Range$348.6M – $1.99B
CAGR+42.5%
Avg YoY Growth+80.6%
Median YoY Growth+10.3%
Current Streak3 quarters growth
Operating Lease Liabilities at Other Companies
Frequently Asked Questions
- What is Vertex Pharmaceuticals's operating lease liabilities?
- Vertex Pharmaceuticals (VRTX) reported operating lease liabilities of $1.99B in Q1 2026.
- How has Vertex Pharmaceuticals's operating lease liabilities changed year-over-year?
- Vertex Pharmaceuticals's operating lease liabilities increased by 29.2% year-over-year, from $1.54B to $1.99B.
- What is the long-term trend for Vertex Pharmaceuticals's operating lease liabilities?
- Over 5 years (2020 to 2025), Vertex Pharmaceuticals's operating lease liabilities has grown at a 39.4% compound annual growth rate (CAGR), from $350.5M to $1.85B.
- What does operating lease liabilities mean?
- The portion of lease payments for offices or equipment that are due after more than one year.