GoodRx Holdings, Inc.GDRX

GoodRx Holdings, Inc. Leases Disclosure

10-KFiled Feb 26, 20262 min read
Leases
Our leases consist of office facilities under noncancelable operating lease arrangements that expire at various dates
through 2036. Our leases do not contain any material (i) non-lease components, (ii) variable lease costs, (iii) short-term
lease expenses, (iv) residual value guarantees or (v) material restrictive covenants.
For the years ended December 31, 2025, 2024, and 2023, lease expense of $8.3 million, $8.1 million, and $8.0 million,
respectively, was included in costs and operating expenses in the consolidated statements of operations.
For the years ended December 31, 2025, 2024, and 2023, cash paid for amounts affecting the measurement of our
operating lease liabilities included in cash flows from operating activities was $10.2 million, $9.7 million (excluding
$1.7 million of cash collected from lease incentive receivable), and $7.1 million, respectively.
As of December 31, 2025 and 2024, the weighted average remaining lease term was 6.9 years and 7.0 years,
respectively, and the weighted average discount rate was 7.2% and 7.0%, respectively.
The following table presents maturities of operating lease liabilities at December 31, 2025:
(in thousands)
Year Ending December 31,
2026
$4,753
2027
10,863
2028
11,440
2029
11,561
2030
11,700
Thereafter
21,972
Total operating lease payments
72,289
Less: Effects of discounting
(17,747)
Present value of operating lease liabilities
$54,542
Operating lease liabilities, current
$4,753
Operating lease liabilities, net of current portion
$49,789
The estimated operating lease payments included in the table above for 2026 have been reduced by expected lease
incentives for leasehold improvements of $5.1 million.

About Leases Disclosures

Lease disclosures under ASC 842 provide a comprehensive view of a company's leased asset portfolio, including the split between operating and finance leases, discount rates used to present-value future payments, and the maturity schedule of lease obligations. This section reveals a significant source of off-balance-sheet commitments that were largely hidden before the current standard.

Key signals: the weighted-average discount rate affects the size of recorded lease liabilities — a higher rate reduces the reported obligation, so compare the chosen rate against the company's incremental borrowing rate. The operating versus finance lease mix affects both EBITDA and operating income presentation. Watch the maturity table for concentration risk: large payment cliffs in specific years may create cash flow pressure. Variable lease payments excluded from the liability measurement represent real obligations that do not appear on the balance sheet. Compare total lease costs against prior-year operating lease expense to assess the true economic burden.

Other Available Disclosures

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