Operating Lease Liabilities (Current)
Iron Mountain Operating Lease Liabilities (Current) increased by 4.0% to $331.90M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 0.8%, from $329.24M to $331.90M. Over 5 years (FY 2020 to FY 2025), Operating Lease Liabilities (Current) shows an upward trend with a 5.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase suggests an expanding physical footprint or upcoming renewals, while a decrease may indicate store closures or a shift toward asset ownership.
Detailed definition
The portion of operating lease payments due within the next twelve months, representing the short-term obligation for re...
Peer comparison
Retail-heavy tech companies often show higher current lease liabilities compared to pure software firms due to physical storefront presence.
operating_lease_liabilities_currentHistorical Data
| 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 | $263.78M | $257.88M | $259.60M | $265.19M | $262.04M | $270.31M | $288.74M | $293.80M | $303.62M | $276.19M | $291.80M | $301.34M | $302.23M | $315.09M | $315.40M | $329.24M | $309.96M | $326.32M | $319.13M | $331.90M |
| QoQ Change | — | -2.2% | +0.7% | +2.2% | -1.2% | +3.2% | +6.8% | +1.8% | +3.3% | -9.0% | +5.6% | +3.3% | +0.3% | +4.3% | +0.1% | +4.4% | -5.9% | +5.3% | -2.2% | +4.0% |
| YoY Change | — | — | — | — | -0.7% | +4.8% | +11.2% | +10.8% | +15.9% | +2.2% | +1.1% | +2.6% | -0.5% | +14.1% | +8.1% | +9.3% | +2.6% | +3.6% | +1.2% | +0.8% |
Operating Lease Liabilities (Current) at Other Companies
Frequently Asked Questions
- What is Iron Mountain's operating lease liabilities (current)?
- Iron Mountain (IRM) reported operating lease liabilities (current) of $331.90M in Q1 2026.
- How has Iron Mountain's operating lease liabilities (current) changed year-over-year?
- Iron Mountain's operating lease liabilities (current) increased by 0.8% year-over-year, from $329.24M to $331.90M.
- What is the long-term trend for Iron Mountain's operating lease liabilities (current)?
- Over 5 years (2020 to 2025), Iron Mountain's operating lease liabilities (current) has grown at a 5.0% compound annual growth rate (CAGR), from $250.24M to $319.13M.
- What does operating lease liabilities (current) mean?
- The amount of rent and lease payments the company must pay in the next year.