Total Revenue
Iron Mountain Total Revenue increased by 5.0% to $1.94B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 21.6%, from $1.59B to $1.94B. Over 4 years (FY 2021 to FY 2025), Total Revenue shows an upward trend with a 11.3% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase indicates successful business expansion, higher client retention, or effective cross-selling of services, while a decrease signals potential market share loss or reduced demand for storage services.
Detailed definition
Total revenue represents the aggregate income generated from all business activities, including recurring storage rental...
Peer comparison
Used to benchmark market share and growth trajectory against other global information management and data center infrastructure providers.
total_revenueHistorical 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 | $1.12B | $1.13B | $1.16B | $1.25B | $1.29B | $1.29B | $1.28B | $1.31B | $1.36B | $1.39B | $1.42B | $1.48B | $1.53B | $1.56B | $1.58B | $1.59B | $1.71B | $1.75B | $1.84B | $1.94B |
| QoQ Change | — | +0.9% | +2.6% | +7.6% | +3.3% | -0.2% | -0.6% | +2.8% | +3.3% | +2.2% | +2.3% | +4.0% | +3.9% | +1.5% | +1.5% | +0.7% | +7.5% | +2.5% | +5.1% | +5.0% |
| YoY Change | — | — | — | — | +15.2% | +13.9% | +10.3% | +5.3% | +5.3% | +7.9% | +11.0% | +12.4% | +13.0% | +12.2% | +11.4% | +7.8% | +11.6% | +12.6% | +16.6% | +21.6% |
Product Breakdown — Storage rental
| Segment | Q1 '22 | Q2 '22 | Q4 '22 | Q4 '23 | Q2 '24 | Q3 '24 | Q1 '25 |
|---|---|---|---|---|---|---|---|
| Storage rental | $751.07M | $753.13M | $769.46M | $871.14M | $919.75M | $935.70M | $948.38M |
| Service | $496.98M | $536.41M | $509.59M | $548.69M | $614.66M | $621.66M | $644.15M |
| Storage Rental, Power and Connectivity | $28.32M | $30.71M | — | — | — | — | — |
| Total | $1.25B | $1.29B | $1.28B | $1.42B | $1.53B | $1.56B | $1.59B |
Product Breakdown — Records Management
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Records Management | $1.02B | $1.03B | $1.04B | $1.03B | $1.10B | $1.10B | $1.14B | $1.18B |
| Information Destruction | $235.16M | $244.78M | $248.01M | $262.63M | $297.42M | $312.93M | $337.48M | $382.88M |
| Data Center | $152.70M | $153.21M | — | $173.20M | $189.40M | $204.13M | $236.70M | $254.73M |
| Data Management | $131.07M | $127.58M | $124.60M | $122.09M | $123.95M | $134.34M | $124.29M | $122.96M |
| Data center lease-based intangible assets | $155.01M | $155.01M | $155.01M | — | — | — | — | — |
| Total | $1.53B | $1.56B | $1.58B | $1.59B | $1.71B | $1.75B | $1.84B | $1.94B |
Data center lease-based intangible assets is derived from annual filings.
Data center lease-based intangible assets was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| GLOBAL RIM BUSINESS | $1.25B | $1.26B | $1.26B | $1.26B | $1.32B | $1.34B | $1.37B | $1.40B |
| CORPORATE AND OTHER | $131.13M | $143.79M | $152.75M | $163.39M | $198.75M | $211.16M | $233.53M | $277.34M |
| GLOBAL DATA CENTER BUSINESS | $152.70M | $153.21M | $170.18M | $173.20M | $189.40M | $204.13M | $236.70M | $254.73M |
| Total | $1.53B | $1.56B | $1.58B | $1.59B | $1.71B | $1.75B | $1.84B | $1.94B |
Geographic Breakdown
| Segment | FY'22 | FY'23 |
|---|---|---|
| Remaining Countries | $1.24B | $1.30B |
| Total | $5.10B | $5.48B |
All segment values are derived from annual filings.
Total Revenue at Other Companies
Frequently Asked Questions
- What is Iron Mountain's total revenue?
- Iron Mountain (IRM) reported total revenue of $1.94B in Q1 2026.
- How has Iron Mountain's total revenue changed year-over-year?
- Iron Mountain's total revenue increased by 21.6% year-over-year, from $1.59B to $1.94B.
- What is the long-term trend for Iron Mountain's total revenue?
- Over 4 years (2021 to 2025), Iron Mountain's total revenue has grown at a 11.3% compound annual growth rate (CAGR), from $4.49B to $6.90B.
- What does total revenue mean?
- The total amount of money generated by business operations before any expenses are deducted.