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

Iron Mountain has disclosed Cost of Revenue across 18 years of filings, most recently posting $889.8 million for Q1 2026.

• Cost of Revenue for Q1 2026 came in at $889.8 million, up 25.29% year-over-year; the trailing twelve-month figure through Mar 2026 was $3.3 billion (up 18.36% YoY), and the FY2025 annual result was $3.1 billion, up 14.2% from the prior year.
• Cost of Revenue came in at $889.8 million for Q1 2026 at Iron Mountain, up from $822.5 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $889.8 million in Q1 2026 to a low of $540.0 million in Q4 2022.
• The 5-year median for Cost of Revenue is $653.3 million (2024), against an average of $659.6 million.
• Across the five-year window, Cost of Revenue rose 4.57% in 2023 and climbed 25.29% in 2026, its largest moves.
• Iron Mountain's 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 rose by 8.18% to $889.8 million in 2026.
• The last three Cost of Revenue figures came in at $889.8 million (Q1 2026), $822.5 million (Q4 2025), and $791.9 million (Q3 2025), per Business Quant data.