Business Segments · Storage rental revenue
GLOBAL RIM BUSINESS — Storage rental revenue
Iron Mountain GLOBAL RIM BUSINESS — Storage rental revenue increased by 2.3% to $1.40B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 11.8%, from $1.26B to $1.40B. Over 4 years (FY 2021 to FY 2025), GLOBAL RIM BUSINESS — Storage rental revenue shows an upward trend with a 7.3% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ1 2017
Last reportedQ1 2026Apr 30, 2026
Rolls up toTotal Revenue
How to read this metric
Growth indicates strong retention and expansion of the core storage customer base.
Detailed definition
Revenue generated specifically from the recurring rental of physical storage space for records and information managemen...
Peer comparison
Similar to 'Recurring Revenue' or 'Subscription Revenue' in other storage or real estate service businesses.
Metric ID:
irm_segment_global_rim_business_storage_rental_revenueHistorical Data
20 periods
| 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 | $996.32M | $997.84M | $1.02B | $1.05B | $1.07B | $1.09B | $1.08B | $1.13B | $1.16B | $1.18B | $1.19B | $1.21B | $1.25B | $1.26B | $1.26B | $1.26B | $1.32B | $1.34B | $1.37B | $1.40B |
| QoQ Change | — | +0.2% | +2.6% | +2.4% | +2.1% | +1.9% | -0.6% | +3.9% | +3.0% | +2.0% | +0.9% | +1.5% | +3.3% | +0.8% | -0.2% | -0.2% | +5.4% | +1.1% | +2.6% | +2.3% |
| YoY Change | — | — | — | — | +7.4% | +9.3% | +5.9% | +7.4% | +8.4% | +8.4% | +10.0% | +7.4% | +7.8% | +6.6% | +5.5% | +3.8% | +5.9% | +6.2% | +9.1% | +11.8% |
Range$996.32M – $1.40B
CAGR+7.5%
Avg YoY Growth+7.6%
Median YoY Growth+7.4%
Current Streak4 quarters growth
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Frequently Asked Questions
- What is Iron Mountain's global rim business — storage rental revenue?
- Iron Mountain (IRM) reported global rim business — storage rental revenue of $1.40B in Q1 2026.
- How has Iron Mountain's global rim business — storage rental revenue changed year-over-year?
- Iron Mountain's global rim business — storage rental revenue increased by 11.8% year-over-year, from $1.26B to $1.40B.
- What is the long-term trend for Iron Mountain's global rim business — storage rental revenue?
- Over 4 years (2021 to 2025), Iron Mountain's global rim business — storage rental revenue has grown at a 7.3% compound annual growth rate (CAGR), from $3.99B to $5.29B.
- What does global rim business — storage rental revenue mean?
- Recurring income earned from leasing storage space to clients.