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

Iron Mountain's Cost of Revenue history runs 18 years deep, the most recent figure standing at $889.8 million for Q1 2026.

• In Q1 2026, Cost of Revenue rose 25.29% year-over-year to $889.8 million; the TTM figure through Mar 2026 stood at $3.3 billion (up 18.36% YoY), while the FY2025 annual figure 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.
• A 5-year average of $659.6 million and a median of $653.3 million in 2024 frame the typical range for Cost of Revenue.
• Across the five-year window, Cost of Revenue gained 4.57% in 2023 and grew 25.29% in 2026, its largest moves.
• Iron Mountain's Cost of Revenue stood at $540.0 million in 2022, then advanced by 11.36% to $601.3 million in 2023, then increased by 14.57% to $688.9 million in 2024, then grew by 19.39% to $822.5 million in 2025, then gained by 8.18% to $889.8 million in 2026.
• According to Business Quant data, Cost of Revenue over the past three periods registered $889.8 million, $822.5 million, and $791.9 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison