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Iron Mountain IRM Total Revenue

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Segments

By product

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Records Management$1.2B+8.8%
Information Destruction$445.02M+49.6%
Data Center$262.87M+38.8%
Data Management$123.15M-0.6%

By segment

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GLOBAL RIM BUSINESS$1.43B+8.3%
CORPORATE AND OTHER$332.63M+67.4%
GLOBAL DATA CENTER BUSINESS$262.87M+38.8%

Other financials

Income statement

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Gross profit$1.1B+11.8%
Operating income$373.5M+43.7%
Net income$106.1M+345%
EPS (diluted)$0.34+327%

Balance sheet

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Cash & equivalents$204.8M-6.1%
Total debt$20.4B+10.3%
Total equity-$1.3B-66.9%
Total assets$22.0B+8.8%

Cash flow

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Operating cash flow$549.3M+46.4%
CapEx$588.2M+5.6%
Free cash flow-$38.9M+78.6%

Valuation

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Market cap$33.08B+8.4%
Enterprise value$53.32B+7.5%
P/E76.2×-109×
P/S4.4×-0.2×

Profitability

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Gross margin54.2%-1.8pp
Operating margin18.8%+2.5pp
Net margin5.7%+5.0pp
FCF margin-6.5%-2.4pp

Returns & leverage

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Return on equity70.5%-19.4pp
Debt / equity855.6×+830×
Current ratio0.7×+0.1×

Where this comes from

Reported directly by Iron Mountain in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Iron Mountain’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:13 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001020569-26-000071
Line itemTHREE MONTHS ENDED JUNE 30, 2026THREE MONTHS ENDED JUNE 30, 2025
Revenues:
Storage rental$1,134,611$1,009,989
Service894,451701,959
Total Revenues2,029,0621,711,948
Operating Expenses:
Cost of sales (excluding depreciation and amortization)958,609754,837
Selling, general and administrative402,339390,456
Depreciation and amortization281,395252,566

ITEM 1. UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FAQ

What is Iron Mountain's total revenue?
Iron Mountain (IRM) reported total revenue of $2.03B in Q2 2026.
How has Iron Mountain's total revenue changed year-over-year?
Iron Mountain's total revenue increased by 18.5% year-over-year, from $1.71B to $2.03B.
What is the long-term trend for Iron Mountain's total revenue?
Over 4 years (2021 to 2025), Iron Mountain's total revenue has grown at a 11.3% compound annual growth rate (CAGR), from $4.49B to $6.9B.
What does total revenue mean?
The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.

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