What is Iron Mountain's deferred revenue?

Iron Mountain (IRM) reported deferred revenue of $386.45M in Q1 2026.

How has Iron Mountain's deferred revenue changed year-over-year?

Iron Mountain's deferred revenue increased by 16.0% year-over-year, from $333.17M to $386.45M.

What is the long-term trend for Iron Mountain's deferred revenue?

Over 5 years (2020 to 2025), Iron Mountain's deferred revenue has grown at a 6.3% compound annual growth rate (CAGR), from $295.79M to $402.09M.

What does deferred revenue mean?

Payments received from customers for goods or services to be delivered within one year — recognized as revenue as performance obligations are satisfied.

Iron Mountain IRM Deferred Revenue

Deferred Revenue at other companies

Open TextOTEX

$1.51B-1.2%

WYF

WhiteFiber, Inc. Ordinary SharesWYFI

$18.73M—

Amentum HoldingsAMTM

$180M+60.7%

InnodataINOD

$7.15M-10.9%

Equinix, Inc.EQIX

——

Leidos HoldingsLDOS

——

Other financials

Income statement

See full

Revenue$1.9B+21.6%

Gross profit$1.0B+18.6%

Operating income$395.2M+55.4%

Net income$149.0M+818%

EPS (diluted)$0.48+860%

Balance sheet

See full

Cash & equivalents$250.7M+61.4%

Total debt$20.2B+13.6%

Total equity-$1.2B-73.9%

Total assets$21.5B+11.0%

Cash flow

See full

Operating cash flow$338.6M+71.6%

CapEx$518.0M-23.2%

Free cash flow-$179.5M+62.4%

Valuation

See full

Market cap$37.58B+17.1%

Enterprise value$57.51B+13.9%

P/E131.9×-583×

P/S5.2×+0.2×

Profitability

See full

Gross margin55%-1.0pp

Operating margin18%+1.8pp

Net margin3.9%+2.0pp

FCF margin-8.7%-2.2pp

Returns & leverage

See full

Return on equity70.5%-19.4pp

Debt / equity855.6×+830×

Current ratio0.8×+0.2×

Where this comes from

Reported directly by Iron Mountain in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityCurrent.

The official record: Iron Mountain’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

Ask your AI about Iron Mountain's deferred revenue.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Iron Mountain's deferred revenue?: Iron Mountain (IRM) reported deferred revenue of $386.45M in Q1 2026.
How has Iron Mountain's deferred revenue changed year-over-year?: Iron Mountain's deferred revenue increased by 16.0% year-over-year, from $333.17M to $386.45M.
What is the long-term trend for Iron Mountain's deferred revenue?: Over 5 years (2020 to 2025), Iron Mountain's deferred revenue has grown at a 6.3% compound annual growth rate (CAGR), from $295.79M to $402.09M.
What does deferred revenue mean?: Payments received from customers for goods or services to be delivered within one year — recognized as revenue as performance obligations are satisfied.