Iron Mountain (IRM) Cash from Operations (2009 - 2026)
Iron Mountain's Cash from Operations was $549.26 million in Q2 2026, up 46.4% from $375.13 million a year earlier and up 62.2% from the prior quarter.
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Analysis
Iron Mountain (IRM) Cash from Operations (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Iron Mountain's Cash from Operations was $1.66 billion through Jun 30, 2026, up 31.7% year-over-year; for FY2025, it came in at $1.34 billion, up 12.0% from FY2024.
- Cash from Operations has now increased for four consecutive years, with a five-year compound annual growth rate of 6.3% (FY2020 to FY2025).
- In earlier years, Cash from Operations was $1.2 billion in FY2024 (+7.5%), $1.11 billion in FY2023 (+20.0%), $927.7 million in FY2022 (+22.2%) and $758.9 million in FY2021 (-23.2%).
- The Q2 2026 figure marks the highest quarterly Cash from Operations in data going back to Q1 2009.
- Compared with a year earlier, Cash from Operations has increased for four straight quarters, with growth averaging 25.1% over the last eight quarters.
- The best year-over-year quarter for Cash from Operations over five years was Q3 2022 (growth of 189.2%); the worst was Q3 2021 (a decline of 60.6%).
- Per Business Quant data, IRM's Cash from Operations in the three quarters before Q2 2026 was $338.55 million (Q1 2026), $500 million (Q4 2025) and $267.58 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 159.50 Bn | 117.43 Bn | 5.98 Bn | 3.10 Bn |
| 2 | Cintas | 88.97 Bn | 88.05 Bn | 1.55 Bn | 572.33 Mn |
| 3 | Iron Mountain | 31.77 Bn | 30.97 Bn | 1.06 Bn | 315.82 Mn |
| 4 | Rollins | 18.19 Bn | 17.73 Bn | 582.90 Mn | 241.86 Mn |
| 5 | APi | 17.61 Bn | 14.83 Bn | 770.00 Mn | 225.00 Mn |
| 6 | UL Solutions | 15.91 Bn | 13.91 Bn | 423.00 Mn | 215.00 Mn |
| 7 | Aramark | 13.83 Bn | 11.78 Bn | 430.34 Mn | 117.19 Mn |
| 8 | Gartner | 12.12 Bn | 5.61 Bn | 1.07 Bn | 294.43 Mn |
| 9 | Rentokil Initial | 11.93 Bn | 5.45 Bn | - | - |
| 10 | Tetra Tech | 10.41 Bn | 9.52 Bn | 243.21 Mn | 228.94 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 315.82 Mn |
| Jun 30, 2026 | 549.26 Mn |
| Mar 31, 2026 | 338.55 Mn |
| Dec 31, 2025 | 500.00 Mn |
| Sep 30, 2025 | 267.58 Mn |
| Jun 30, 2025 | 375.13 Mn |
| Mar 31, 2025 | 197.30 Mn |
| Dec 31, 2024 | 431.58 Mn |
| Sep 30, 2024 | 252.91 Mn |
| Jun 30, 2024 | 382.18 Mn |
| Mar 31, 2024 | 130.04 Mn |
| Dec 31, 2023 | 447.19 Mn |
| Sep 30, 2023 | 220.28 Mn |
| Jun 30, 2023 | 317.29 Mn |
| Mar 31, 2023 | 128.81 Mn |
| Dec 31, 2022 | 367.34 Mn |
| Sep 30, 2022 | 214.43 Mn |
| Jun 30, 2022 | 291.42 Mn |
| Mar 31, 2022 | 54.51 Mn |
| Dec 31, 2021 | 295.57 Mn |
API Access
Iron Mountain Cash from Operations API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-from-operations&ticker=IRM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "ticker": "IRM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cash-from-operations&ticker=IRM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();