GLOBAL DATA CENTER BUSINESS — Storage rental revenue
Iron Mountain GLOBAL DATA CENTER BUSINESS — Storage rental revenue increased by 7.6% to $254.73M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 47.1%, from $173.20M to $254.73M. Over 4 years (FY 2021 to FY 2025), GLOBAL DATA CENTER BUSINESS — Storage rental revenue shows an upward trend with a 25.2% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
Growth indicates successful capacity utilization and strong demand for colocation services.
Detailed definition
Revenue generated specifically from leasing physical space, power, and cooling infrastructure to clients within the data...
Peer comparison
A primary KPI for REITs and data center operators; peers often report this as colocation or recurring rental revenue.
irm_segment_global_data_center_business_storage_rental_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 | $76.98M | $88.59M | $90.23M | $96.99M | $100.09M | $100.31M | $103.74M | $112.31M | $118.03M | $127.54M | $137.15M | $143.94M | $152.70M | $153.21M | $170.18M | $173.20M | $189.40M | $204.13M | $236.70M | $254.73M |
| QoQ Change | — | +15.1% | +1.9% | +7.5% | +3.2% | +0.2% | +3.4% | +8.3% | +5.1% | +8.1% | +7.5% | +4.9% | +6.1% | +0.3% | +11.1% | +1.8% | +9.4% | +7.8% | +16.0% | +7.6% |
| YoY Change | — | — | — | — | +30.0% | +13.2% | +15.0% | +15.8% | +17.9% | +27.1% | +32.2% | +28.2% | +29.4% | +20.1% | +24.1% | +20.3% | +24.0% | +33.2% | +39.1% | +47.1% |
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Frequently Asked Questions
- What is Iron Mountain's global data center business — storage rental revenue?
- Iron Mountain (IRM) reported global data center business — storage rental revenue of $254.73M in Q1 2026.
- How has Iron Mountain's global data center business — storage rental revenue changed year-over-year?
- Iron Mountain's global data center business — storage rental revenue increased by 47.1% year-over-year, from $173.20M to $254.73M.
- What is the long-term trend for Iron Mountain's global data center business — storage rental revenue?
- Over 4 years (2021 to 2025), Iron Mountain's global data center business — storage rental revenue has grown at a 25.2% compound annual growth rate (CAGR), from $326.90M to $803.43M.
- What does global data center business — storage rental revenue mean?
- Recurring income earned from leasing data center space and power to customers.