KPIs & Operating Metrics(New)
Growth Metrics

Iron Mountain (IRM) Cost of Revenue (2016 - 2025)

Iron Mountain (IRM) has disclosed Cost of Revenue for 17 consecutive years, with $822.5 million as the latest value for Q4 2025.

  • Quarterly Cost of Revenue rose 19.39% to $822.5 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $3.1 billion through Dec 2025, up 14.2% year-over-year, with the annual reading at $3.1 billion for FY2025, 14.2% up from the prior year.
  • Cost of Revenue hit $822.5 million in Q4 2025 for Iron Mountain, up from $791.9 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $822.5 million in Q4 2025 to a low of $451.9 million in Q1 2021.
  • Historically, Cost of Revenue has averaged $610.5 million across 5 years, with a median of $592.4 million in 2023.
  • Biggest five-year swings in Cost of Revenue: fell 3.22% in 2021 and later increased 20.96% in 2022.
  • Year by year, Cost of Revenue stood at $479.1 million in 2021, then increased by 12.71% to $540.0 million in 2022, then rose by 11.36% to $601.3 million in 2023, then rose by 14.57% to $688.9 million in 2024, then increased by 19.39% to $822.5 million in 2025.
  • Business Quant data shows Cost of Revenue for IRM at $822.5 million in Q4 2025, $791.9 million in Q3 2025, and $754.8 million in Q2 2025.