Iron Mountain North America — Cost capitalized subsequent to acquisition increased by 24.2% to $4.72B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 24.2%, from $3.80B to $4.72B. This is a positive signal — higher values indicate stronger performance for this metric.
Higher values indicate active investment in maintaining or enhancing the value and utility of the existing real estate portfolio.
The cumulative expenditures for improvements, renovations, or major upgrades made to real estate assets after their init...
Similar to capital expenditure (CapEx) or tenant improvement (TI) reporting in commercial real estate portfolios.
irm_segment_north_america_cost_capitalized_subsequent_to_acquisition| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $1.51B | $1.89B | $2.23B | $3.80B | $4.72B |
| QoQ Change | — | +25.4% | +18.2% | +70.0% | +24.2% |
| YoY Change | — | +25.4% | +18.2% | +70.0% | +24.2% |