Products & Services · Variable lease payments
Storage rental — Variable lease payments
Iron Mountain Storage rental — Variable lease payments increased by 74.1% to $59.90M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 74.1%, from $34.40M to $59.90M. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryEfficiency
SignalHigher is better
VolatilityModerate
First reportedQ1 2023
Last reportedQ1 2026
How to read this metric
An increase suggests higher client activity or utilization of value-added services, whereas a decrease indicates lower transactional activity within the storage portfolio.
Detailed definition
This metric captures additional lease-related income that fluctuates based on usage, performance, or specific contractua...
Peer comparison
Similar to variable rent or usage-based surcharges found in commercial real estate and logistics service contracts.
Metric ID:
irm_segment_storage_rental_variable_lease_paymentsHistorical Data
10 periods
| Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $27.75K | $27.75K | $27.75K | $27.75K | $32.75K | $32.75K | $32.75K | $32.75K | $34.40M | $59.90M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +18.0% | +0.0% | +0.0% | +0.0% | >999% | +74.1% |
| YoY Change | — | — | — | — | +18.0% | +18.0% | +18.0% | +18.0% | >999% | +74.1% |
Range$27.75K – $59.90M
CAGR>999%
Avg YoY Growth>999%
Median YoY Growth+18.0%
Current Streak9+ quarters growth
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Frequently Asked Questions
- What is Iron Mountain's storage rental — variable lease payments?
- Iron Mountain (IRM) reported storage rental — variable lease payments of $59.90M in Q1 2026.
- How has Iron Mountain's storage rental — variable lease payments changed year-over-year?
- Iron Mountain's storage rental — variable lease payments increased by 74.1% year-over-year, from $34.40M to $59.90M.
- What does storage rental — variable lease payments mean?
- Revenue derived from lease agreements that changes based on usage or other performance-based factors rather than a fixed fee.