Non-Current Liabilities

Operating Lease Liabilities

Iron Mountain Operating Lease Liabilities decreased by 0.8% to $2.28B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.6%, from $2.22B to $2.28B. Over 5 years (FY 2020 to FY 2025), Operating Lease Liabilities shows an upward trend with a 2.4% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalContext dependent
VolatilityStable
First reportedQ3 2019
Last reportedQ4 2025

How to read this metric

An increase reflects long-term expansion of the leased asset base, while a decrease indicates a reduction in long-term lease commitments.

Detailed definition

This represents the portion of operating lease obligations that are due beyond the next twelve months. It reflects the l...

Peer comparison

Standard long-term liability for companies with significant real estate or equipment footprints.

Metric ID: operating_lease_liabilities_non_current

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$2.19B$2.16B$2.17B$2.20B$2.37B$2.41B$2.43B$2.51B$2.51B$2.48B$2.56B$2.53B$2.45B$2.44B$2.33B$2.22B$2.25B$2.28B$2.30B$2.28B
QoQ Change-1.0%+0.3%+1.2%+7.9%+1.5%+1.0%+3.5%+0.0%-1.4%+3.4%-1.4%-2.8%-0.6%-4.3%-4.7%+1.4%+1.3%+0.7%-0.8%
YoY Change+8.4%+11.1%+11.9%+14.4%+6.0%+3.1%+5.5%+0.5%-2.4%-1.6%-8.9%-11.9%-8.1%-6.4%-1.5%+2.6%
Range$2.16B$2.56B
CAGR+0.9%
Avg YoY Growth+1.4%
Median YoY Growth+1.5%

Frequently Asked Questions

What is Iron Mountain's operating lease liabilities?
Iron Mountain (IRM) reported operating lease liabilities of $2.28B in Q1 2026.
How has Iron Mountain's operating lease liabilities changed year-over-year?
Iron Mountain's operating lease liabilities increased by 2.6% year-over-year, from $2.22B to $2.28B.
What is the long-term trend for Iron Mountain's operating lease liabilities?
Over 5 years (2020 to 2025), Iron Mountain's operating lease liabilities has grown at a 2.4% compound annual growth rate (CAGR), from $2.04B to $2.30B.
What does operating lease liabilities mean?
The amount of lease payments due after one year.