Iron Mountain (IRM) Capital Expenditures (2009 - 2026)

Iron Mountain (IRM) reported Capital Expenditures of $301.9 million for Q1 2026, down 55.26% on a YoY basis from $674.8 million in Q1 2025, and up 120.22% sequentially from -$1.5 billion in Q4 2025.

Iron Mountain (IRM) Capital Expenditures (2009 - 2026) Analysis & Trends

Iron Mountain (IRM) has 18 years of Capital Expenditures data on file, last reported at $301.9 million in Q1 2026.

  • For the quarter ending Q1 2026, Capital Expenditures fell 55.26% year-over-year to $301.9 million; the trailing twelve-month figure through Mar 2026 stood at -$110.2 million (down 105.28% YoY), and the FY2025 full-year result was $262.7 million, down 85.34% from the prior year.
  • Capital Expenditures climbed to $301.9 million in Q1 2026, from -$1.5 billion in the prior quarter.
  • In the past five years, Capital Expenditures ranged from a high of $1.6 billion in Q4 2024 to a low of -$1.5 billion in Q4 2025.
  • A 5-year average of $203.9 million and a median of $265.9 million in 2023 frame the typical range for Capital Expenditures.
  • Across the five-year window, Capital Expenditures surged 1297.06% in 2022 and sank 301.94% in 2023, its largest moves.
  • Tracing IRM's Capital Expenditures over 5 years: stood at $278.6 million in 2022, then declined by 18.36% to $227.4 million in 2023, then jumped by 581.68% to $1.6 billion in 2024, then sank by 196.28% to -$1.5 billion in 2025, then surged by 120.22% to $301.9 million in 2026.
  • Business Quant data shows IRM's Capital Expenditures at $301.9 million in Q1 2026, -$1.5 billion in Q4 2025, and $523.9 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Equinix 102.00 Bn 98.94 Bn 1.26 Bn 1.26 Bn
2 American Tower 76.76 Bn 83.27 Bn 2.70 Bn 109.20 Mn
3 Digital Realty Trust 61.91 Bn 61.08 Bn - 870.04 Mn
4 Iron Mountain 37.06 Bn 37.09 Bn 1.05 Bn 301.90 Mn
5 Crown Castle 32.50 Bn 32.44 Bn 23.00 Mn 57.00 Mn
6 Sba Communications 18.50 Bn 18.59 Bn 532.10 Mn 48.40 Mn
7 Weyerhaeuser 17.05 Bn 16.75 Bn 318.00 Mn 23.00 Mn
8 Lamar Advertising 15.99 Bn 15.96 Bn 344.69 Mn 33.14 Mn
9 Gaming & Leisure Properties 12.58 Bn 12.98 Bn - 111.48 Mn
10 Rayonier 6.43 Bn 5.79 Bn 46.45 Mn 4.50 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 301.90 Mn
Mar 31, 2026 301.90 Mn
Dec 31, 2025 -1.49 Bn
Dec 31, 2025 -1.49 Bn
Sep 30, 2025 523.86 Mn
Sep 30, 2025 523.86 Mn
Jun 30, 2025 556.76 Mn
Jun 30, 2025 556.76 Mn
Mar 31, 2025 674.77 Mn
Mar 31, 2025 674.77 Mn
Dec 31, 2024 1.55 Bn
Dec 31, 2024 1.55 Bn
Sep 30, 2024 155.12 Mn
Sep 30, 2024 155.12 Mn
Jun 30, 2024 -295.03 Mn
Jun 30, 2024 -295.03 Mn
Mar 31, 2024 381.15 Mn
Mar 31, 2024 381.15 Mn
Dec 31, 2023 227.43 Mn
Dec 31, 2023 227.43 Mn