Iron Mountain (IRM) Free Cash Flow (2009 - 2026)

Iron Mountain's (IRM) quarterly Free Cash Flow came in at $36.6 million in Q1 2026, up 129.57% year-on-year from $16.0 million in Q1 2025, and up 325.57% quarter-over-quarter from -$16.2 million in Q4 2025.

Iron Mountain (IRM) Free Cash Flow (2009 - 2026) Analysis & Trends

Iron Mountain has disclosed Free Cash Flow across 18 years of filings, most recently posting $36.6 million for Q1 2026.

  • Free Cash Flow for Q1 2026 came in at $36.6 million, up 129.57% year-over-year; the trailing twelve-month figure through Mar 2026 was -$771.0 million (down 195.05% YoY), and the FY2025 annual result was -$931.6 million, down 208.97% from the prior year.
  • Free Cash Flow came in at $36.6 million for Q1 2026 at Iron Mountain, up from -$16.2 million in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of $1.3 billion in Q4 2024 to a low of -$549.8 million in Q3 2023.
  • The 5-year median for Free Cash Flow is -$106.5 million (2022), against an average of -$12.6 million.
  • Across the five-year window, Free Cash Flow plunged 1240.85% in 2022 and soared 1698.64% in 2024, its largest moves.
  • Iron Mountain's Free Cash Flow stood at -$370.2 million in 2022, then surged by 118.98% to $70.3 million in 2023, then jumped by 1698.64% to $1.3 billion in 2024, then sank by 101.29% to -$16.2 million in 2025, then jumped by 325.57% to $36.6 million in 2026.
  • The last three Free Cash Flow figures came in at $36.6 million (Q1 2026), -$16.2 million (Q4 2025), and -$256.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Equinix 104.53 Bn 101.50 Bn 2.20 Bn 594.00 Mn
2 American Tower 86.20 Bn 92.70 Bn 2.70 Bn 951.10 Mn
3 Digital Realty Trust 63.76 Bn 62.92 Bn - -337.62 Mn
4 Crown Castle 38.57 Bn 38.52 Bn 984.00 Mn 452.00 Mn
5 Iron Mountain 37.41 Bn 37.43 Bn 1.05 Bn 36.65 Mn
6 Sba Communications 20.70 Bn 20.79 Bn 532.10 Mn 206.69 Mn
7 Weyerhaeuser 17.74 Bn 17.44 Bn 318.00 Mn 29.00 Mn
8 Lamar Advertising 15.68 Bn 15.63 Bn 403.56 Mn 208.30 Mn
9 Gaming & Leisure Properties 13.22 Bn 13.62 Bn - 158.75 Mn
10 OUTFRONT Media 5.51 Bn 5.47 Bn 202.10 Mn 72.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 36.65 Mn
Mar 31, 2026 36.65 Mn
Dec 31, 2025 -16.25 Mn
Dec 31, 2025 -16.25 Mn
Sep 30, 2025 -256.28 Mn
Sep 30, 2025 -256.28 Mn
Jun 30, 2025 -535.16 Mn
Jun 30, 2025 -535.16 Mn
Mar 31, 2025 -123.94 Mn
Mar 31, 2025 -123.94 Mn
Dec 31, 2024 1.26 Bn
Dec 31, 2024 1.26 Bn
Sep 30, 2024 -143.15 Mn
Sep 30, 2024 -143.15 Mn
Jun 30, 2024 -185.47 Mn
Jun 30, 2024 -185.47 Mn
Mar 31, 2024 -80.22 Mn
Mar 31, 2024 -80.22 Mn
Dec 31, 2023 70.26 Mn
Dec 31, 2023 70.26 Mn