Iron Mountain IRM
NYSE IRM
$115.12 +2.20 (+1.95%)
At close: Sep 11, 2026 · 4:00 PM EDT

Iron Mountain (IRM) Cost of Revenue (2009 - 2026)

Iron Mountain's (IRM) quarterly Cost of Revenue came in at $958.6 million in Q2 2026, up 27.0% year-over-year from $754.8 million in Q2 2025, and up 7.73% quarter-over-quarter from $889.8 million in Q1 2026.

Analysis

Iron Mountain (IRM) Cost of Revenue (2009 - 2026) Analysis & Trends

Iron Mountain has disclosed Cost of Revenue across 18 years of filings, most recently posting $958.6 million for Q2 2026.

  • In Q2 2026, Cost of Revenue rose 27.0% year-over-year to $958.6 million; the TTM figure through Jun 2026 stood at $3.5 billion (up 22.26% YoY), while the FY2025 annual figure was $3.1 billion, up 14.2% from the prior year.
  • Cost of Revenue came in at $958.6 million for Q2 2026 at Iron Mountain, up from $889.8 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $958.6 million in Q2 2026 to a low of $540.0 million in Q4 2022.
  • Average Cost of Revenue over 5 years is $676.2 million, with a median of $664.6 million recorded in 2024.
  • Year-over-year, Cost of Revenue gained 4.57% in 2023 and climbed 27.0% in 2026.
  • Over 5 years, Cost of Revenue stood at $540.0 million in 2022, then gained by 11.36% to $601.3 million in 2023, then grew by 14.57% to $688.9 million in 2024, then climbed by 19.39% to $822.5 million in 2025, then increased by 16.55% to $958.6 million in 2026.
  • Per Business Quant data, the three most recent Cost of Revenue figures were $958.6 million in Q2 2026, $889.8 million in Q1 2026, and $822.5 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Cintas 80.63 Bn 80.34 Bn 1.48 Bn 1.42 Bn
2 Iron Mountain 34.27 Bn 34.39 Bn 1.07 Bn 958.61 Mn
3 Rollins 16.72 Bn 16.61 Bn 569.95 Mn 508.63 Mn
4 APi 16.37 Bn 15.51 Bn 703.00 Mn 1.55 Bn
5 Aramark 15.43 Bn 15.00 Bn 430.34 Mn 4.63 Bn
6 FirstService 6.30 Bn 6.63 Bn 480.66 Mn 968.59 Mn
7 Unifirst 4.96 Bn 4.79 Bn 234.73 Mn 399.68 Mn
8 Geo 4.16 Bn 3.91 Bn - -
9 CoreCivic 3.45 Bn 3.34 Bn - -
10 Abm Industries 2.90 Bn 2.79 Bn 286.10 Mn 2.03 Bn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 958.61 Mn
Mar 31, 2026 889.80 Mn
Dec 31, 2025 822.50 Mn
Sep 30, 2025 791.94 Mn
Jun 30, 2025 754.84 Mn
Mar 31, 2025 710.20 Mn
Dec 31, 2024 688.93 Mn
Sep 30, 2024 678.39 Mn
Jun 30, 2024 675.97 Mn
Mar 31, 2024 653.26 Mn
Dec 31, 2023 601.33 Mn
Sep 30, 2023 592.20 Mn
Jun 30, 2023 592.64 Mn
Mar 31, 2023 571.63 Mn
Dec 31, 2022 539.98 Mn
Sep 30, 2022 546.04 Mn
Jun 30, 2022 556.48 Mn
Mar 31, 2022 546.62 Mn
Dec 31, 2021 479.08 Mn
Sep 30, 2021 481.66 Mn