What is Iron Mountain's storage rental — storage rental revenue?

Iron Mountain (IRM) reported storage rental — storage rental revenue of $1.09B in Q1 2026.

How has Iron Mountain's storage rental — storage rental revenue changed year-over-year?

Iron Mountain's storage rental — storage rental revenue increased by 15.4% year-over-year, from $948.38M to $1.09B.

What is the long-term trend for Iron Mountain's storage rental — storage rental revenue?

Over 4 years (2021 to 2025), Iron Mountain's storage rental — storage rental revenue has grown at a 9.0% compound annual growth rate (CAGR), from $2.87B to $4.05B.

What does storage rental — storage rental revenue mean?

The total income earned from charging clients to store their physical or digital assets in company-managed facilities.

Products & Services · Storage rental revenue

Storage rental — Storage rental revenue

Iron Mountain Storage rental — Storage rental revenue increased by 3.2% to $1.09B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 15.4%, from $948.38M to $1.09B. Over 4 years (FY 2021 to FY 2025), Storage rental — Storage rental revenue shows an upward trend with a 9.0% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment

CategoryGrowth

SignalHigher is better

VolatilityStable

First reportedQ1 2016

Last reportedQ1 2026Apr 30, 2026

Rolls up toTotal Revenue

How to read this metric

An increase indicates higher demand for storage space or successful price escalations, while a decrease may suggest customer churn or reduced inventory volumes.

Detailed definition

This metric represents the recurring revenue generated from the long-term storage of physical records, data, or other as...

Peer comparison

Comparable to recurring storage fees in logistics, self-storage, or data center colocation providers.

Metric ID: irm_segment_storage_rental_storage_rental_revenue

Historical 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	$717.53M	$717.53M	$717.53M	$751.07M	$753.13M	$760.37M	$769.46M	$810.09M	$830.76M	$858.66M	$871.14M	$884.84M	$919.75M	$935.70M	$941.97M	$948.38M	$1.01B	$1.03B	$1.06B	$1.09B
QoQ Change	—	+0.0%	+0.0%	+4.7%	+0.3%	+1.0%	+1.2%	+5.3%	+2.6%	+3.4%	+1.5%	+1.6%	+3.9%	+1.7%	+0.7%	+0.7%	+6.5%	+2.3%	+2.7%	+3.2%
YoY Change	—	—	—	—	+5.0%	+6.0%	+7.2%	+7.9%	+10.3%	+12.9%	+13.2%	+9.2%	+10.7%	+9.0%	+8.1%	+7.2%	+9.8%	+10.4%	+12.7%	+15.4%

Range$717.53M – $1.09B

CAGR+9.3%

Avg YoY Growth+9.7%

Median YoY Growth+9.5%

Current Streak19+ quarters growth

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Frequently Asked Questions

What is Iron Mountain's storage rental — storage rental revenue?: Iron Mountain (IRM) reported storage rental — storage rental revenue of $1.09B in Q1 2026.
How has Iron Mountain's storage rental — storage rental revenue changed year-over-year?: Iron Mountain's storage rental — storage rental revenue increased by 15.4% year-over-year, from $948.38M to $1.09B.
What is the long-term trend for Iron Mountain's storage rental — storage rental revenue?: Over 4 years (2021 to 2025), Iron Mountain's storage rental — storage rental revenue has grown at a 9.0% compound annual growth rate (CAGR), from $2.87B to $4.05B.
What does storage rental — storage rental revenue mean?: The total income earned from charging clients to store their physical or digital assets in company-managed facilities.