Other
Depreciation
Iron Mountain Depreciation decreased by 3.2% to $192.13M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 18.3%, from $162.44M to $192.13M. Over 4 years (FY 2021 to FY 2025), Depreciation shows an upward trend with a 12.0% CAGR.
Analysis
StatementIncome Statement
SectionOther
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026Apr 30, 2026
How to read this metric
High depreciation relative to revenue may indicate a capital-intensive business model or significant recent investment in infrastructure.
Detailed definition
The systematic allocation of the cost of tangible assets over their useful lives. This non-cash expense reflects the wea...
Peer comparison
Standard accounting metric across all capital-intensive industries.
Metric ID:
other_depreciationHistorical 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 | $112.49M | $120.33M | $117.80M | $120.39M | $116.10M | $114.13M | $128.36M | $120.07M | $134.33M | $132.93M | $138.52M | $143.63M | $158.93M | $164.34M | $162.39M | $162.44M | $180.57M | $189.46M | $198.42M | $192.13M |
| QoQ Change | — | +7.0% | -2.1% | +2.2% | -3.6% | -1.7% | +12.5% | -6.5% | +11.9% | -1.0% | +4.2% | +3.7% | +10.6% | +3.4% | -1.2% | +0.0% | +11.2% | +4.9% | +4.7% | -3.2% |
| YoY Change | — | — | — | — | +3.2% | -5.2% | +9.0% | -0.3% | +15.7% | +16.5% | +7.9% | +19.6% | +18.3% | +23.6% | +17.2% | +13.1% | +13.6% | +15.3% | +22.2% | +18.3% |
Range$112.49M – $198.42M
CAGR+11.9%
Avg YoY Growth+13.0%
Median YoY Growth+15.5%
Business Segments
| Segment | FY'21 | FY'22 | FY'23 |
|---|---|---|---|
| GLOBAL DATA CENTER BUSINESS | $148.02M | $140.03M | $158.82M |
| CORPORATE AND OTHER | $63.87M | $118.15M | $146.41M |
| Total | $465.07M | $478.98M | $525.85M |
All segment values are derived from annual filings.
Depreciation at Other Companies
Frequently Asked Questions
- What is Iron Mountain's depreciation?
- Iron Mountain (IRM) reported depreciation of $192.13M in Q1 2026.
- How has Iron Mountain's depreciation changed year-over-year?
- Iron Mountain's depreciation increased by 18.3% year-over-year, from $162.44M to $192.13M.
- What is the long-term trend for Iron Mountain's depreciation?
- Over 4 years (2021 to 2025), Iron Mountain's depreciation has grown at a 12.0% compound annual growth rate (CAGR), from $465.07M to $730.89M.
- What does depreciation mean?
- The annual expense representing the aging and usage of physical assets.