Iron Mountain (IRM) Depreciation Expense (2009 - 2026)

Iron Mountain's Depreciation Expense history runs 18 years deep, the most recent figure standing at $192.1 million for Q1 2026.

• In Q1 2026, Depreciation Expense rose 18.27% year-over-year to $192.1 million; the TTM figure through Mar 2026 stood at $760.6 million (up 17.35% YoY), while the FY2025 annual figure was $730.9 million, up 16.14% from the prior year.
• Depreciation Expense came in at $192.1 million for Q1 2026 at Iron Mountain, down from $198.4 million in the prior quarter.
• In the past five years, Depreciation Expense ranged from a high of $198.4 million in Q4 2025 to a low of $114.1 million in Q3 2022.
• A 5-year average of $150.4 million and a median of $143.6 million in 2024 frame the typical range for Depreciation Expense.
• Across the five-year window, Depreciation Expense declined 5.15% in 2022 and grew 23.63% in 2024, its largest moves.
• Iron Mountain's Depreciation Expense stood at $128.4 million in 2022, then grew by 7.92% to $138.5 million in 2023, then rose by 17.23% to $162.4 million in 2024, then climbed by 22.18% to $198.4 million in 2025, then decreased by 3.17% to $192.1 million in 2026.
• According to Business Quant data, Depreciation Expense over the past three periods registered $192.1 million, $198.4 million, and $189.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

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