Cost of Revenue

Total Cost of Revenue

Iron Mountain Total Cost of Revenue increased by 8.2% to $889.80M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 25.3%, from $710.20M to $889.80M. Over 4 years (FY 2021 to FY 2025), Total Cost of Revenue shows an upward trend with a 13.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionCost of Revenue
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ4 2013
Last reportedQ4 2025

How to read this metric

An increase relative to revenue may indicate rising component costs or manufacturing inefficiencies, whereas a decrease suggests better economies of scale.

Detailed definition

The direct costs attributable to the production of the goods sold and the delivery of services. This typically encompass...

Peer comparison

In the consumer electronics industry, this is often compared against revenue to determine the efficiency of the supply chain.

Metric ID: total_cost_of_revenue

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$474.58M$481.66M$479.08M$546.62M$556.48M$546.04M$539.98M$571.63M$592.64M$592.20M$601.33M$653.26M$675.97M$678.39M$688.93M$710.20M$754.84M$791.94M$822.50M$889.80M
QoQ Change+1.5%-0.5%+14.1%+1.8%-1.9%-1.1%+5.9%+3.7%-0.1%+1.5%+8.6%+3.5%+0.4%+1.6%+3.1%+6.3%+4.9%+3.9%+8.2%
YoY Change+17.3%+13.4%+12.7%+4.6%+6.5%+8.5%+11.4%+14.3%+14.1%+14.6%+14.6%+8.7%+11.7%+16.7%+19.4%+25.3%
Range$474.58M$889.80M
CAGR+14.1%
Avg YoY Growth+13.3%
Median YoY Growth+13.7%
Current Streak10 quarters growth

Frequently Asked Questions

What is Iron Mountain's total cost of revenue?
Iron Mountain (IRM) reported total cost of revenue of $889.80M in Q1 2026.
How has Iron Mountain's total cost of revenue changed year-over-year?
Iron Mountain's total cost of revenue increased by 25.3% year-over-year, from $710.20M to $889.80M.
What is the long-term trend for Iron Mountain's total cost of revenue?
Over 4 years (2021 to 2025), Iron Mountain's total cost of revenue has grown at a 13.0% compound annual growth rate (CAGR), from $1.89B to $3.08B.
What does total cost of revenue mean?
The direct cost of making the products or providing the services that a company sells.