What is Iron Mountain's D&A?

Iron Mountain (IRM) reported D&A of $192.13M in Q1 2026.

How has Iron Mountain's D&A changed year-over-year?

Iron Mountain's D&A increased by 18.3% year-over-year, from $162.44M to $192.13M.

What is the long-term trend for Iron Mountain's D&A?

Over 4 years (2021 to 2025), Iron Mountain's D&A has grown at a 12.0% compound annual growth rate (CAGR), from $465.07M to $730.89M.

Total non-cash depreciation of tangible assets and amortization of intangible assets — the largest add-back to net income in the operating cash flow reconciliation.

Iron Mountain IRM D&A

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Other financials

Income statement

See full

Revenue$1.9B+21.6%

Gross profit$1.0B+18.6%

Operating income$395.2M+55.4%

Net income$149.0M+818%

EPS (diluted)$0.48+860%

Balance sheet

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Cash & equivalents$250.7M+61.4%

Total debt$20.2B+13.6%

Total equity-$1.2B-73.9%

Total assets$21.5B+11.0%

Cash flow

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Operating cash flow$338.6M+71.6%

CapEx$518.0M-23.2%

Free cash flow-$179.5M+62.4%

Valuation

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Market cap$35.55B+20.1%

Enterprise value$55.48B+15.8%

P/E124.7×-534×

P/S4.9×+0.3×

Profitability

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Gross margin55%-1.0pp

Operating margin18%+1.8pp

Net margin3.9%+2.0pp

FCF margin-8.7%-2.2pp

Returns & leverage

See full

Return on equity70.5%-19.4pp

Debt / equity855.6×+830×

Current ratio0.8×+0.2×

Where this comes from

Reported directly by Iron Mountain in its filing.

Tagged under the XBRL concept us-gaap:Depreciation.

The official record: Iron Mountain’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Iron Mountain's D&A?: Iron Mountain (IRM) reported D&A of $192.13M in Q1 2026.
How has Iron Mountain's D&A changed year-over-year?: Iron Mountain's D&A increased by 18.3% year-over-year, from $162.44M to $192.13M.
What is the long-term trend for Iron Mountain's D&A?: Over 4 years (2021 to 2025), Iron Mountain's D&A has grown at a 12.0% compound annual growth rate (CAGR), from $465.07M to $730.89M.
What does D&A mean?: Total non-cash depreciation of tangible assets and amortization of intangible assets — the largest add-back to net income in the operating cash flow reconciliation.