Deferred Revenue
Iron Mountain Deferred Revenue decreased by 3.9% to $386.45M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 16.0%, from $333.17M to $386.45M. Over 5 years (FY 2020 to FY 2025), Deferred Revenue shows an upward trend with a 6.3% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests strong sales of subscription-based services or bundled offerings, providing a predictable pipeline for future revenue recognition.
Detailed definition
Represents cash payments received from customers in advance of the company fulfilling its performance obligations, speci...
Peer comparison
High-growth software and services companies typically maintain larger deferred revenue balances relative to pure hardware manufacturers.
deferred_revenue_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 | $256.25M | $257.59M | $307.47M | $301.97M | $302.49M | $282.69M | $328.91M | $335.39M | $336.07M | $325.49M | $325.67M | $332.80M | $329.72M | $294.55M | $326.88M | $333.17M | $342.23M | $347.02M | $402.09M | $386.45M |
| QoQ Change | — | +0.5% | +19.4% | -1.8% | +0.2% | -6.5% | +16.4% | +2.0% | +0.2% | -3.1% | +0.1% | +2.2% | -0.9% | -10.7% | +11.0% | +1.9% | +2.7% | +1.4% | +15.9% | -3.9% |
| YoY Change | — | — | — | — | +18.0% | +9.7% | +7.0% | +11.1% | +11.1% | +15.1% | -1.0% | -0.8% | -1.9% | -9.5% | +0.4% | +0.1% | +3.8% | +17.8% | +23.0% | +16.0% |
Deferred Revenue at Other Companies
Frequently Asked Questions
- 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?
- Money collected from customers for products or services that haven't been delivered yet but will be within a year.