Discontinued — last reported Q4 '25
Contract Liabilities
Iron Mountain Contract Liabilities decreased by 5.3% to $157.01M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 32.9%, from $118.13M to $157.01M. Over 5 years (FY 2020 to FY 2025), Contract Liabilities shows an upward trend with a 36.0% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests strong future revenue visibility and customer demand, while a decrease may indicate faster fulfillment or slowing sales.
Detailed definition
This represents the obligation to transfer goods or services to a customer for which the company has already received co...
Peer comparison
Common in companies with long-term service contracts or subscription-based diagnostic models; peers with high recurring revenue often show higher balances.
contract_liabilitiesHistorical 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 | $34.50M | $34.34M | $33.69M | $31.53M | $33.31M | $31.23M | $32.96M | $29.48M | $22.34M | $22.54M | $100.77M | $97.08M | $95.61M | $85.80M | $110.60M | $118.13M | $142.29M | $142.36M | $165.80M | $157.01M |
| QoQ Change | — | -0.5% | -1.9% | -6.4% | +5.6% | -6.2% | +5.5% | -10.6% | -24.2% | +0.9% | +347.1% | -3.7% | -1.5% | -10.3% | +28.9% | +6.8% | +20.5% | +0.0% | +16.5% | -5.3% |
| YoY Change | — | — | — | — | -3.5% | -9.1% | -2.2% | -6.5% | -32.9% | -27.8% | +205.7% | +229.3% | +327.9% | +280.7% | +9.8% | +21.7% | +48.8% | +65.9% | +49.9% | +32.9% |
Product Breakdown
| Segment | Q4 '23 |
|---|---|
| Rental Activities | $70.90M |
| Total | $100.77M |
Contract Liabilities at Other Companies
Frequently Asked Questions
- What is Iron Mountain's contract liabilities?
- Iron Mountain (IRM) reported contract liabilities of $157.01M in Q1 2026.
- How has Iron Mountain's contract liabilities changed year-over-year?
- Iron Mountain's contract liabilities increased by 32.9% year-over-year, from $118.13M to $157.01M.
- What is the long-term trend for Iron Mountain's contract liabilities?
- Over 5 years (2020 to 2025), Iron Mountain's contract liabilities has grown at a 36.0% compound annual growth rate (CAGR), from $35.61M to $165.80M.
- What does contract liabilities mean?
- Money received from customers for products or services that have not yet been delivered.