Iron Mountain (IRM) Free Cash Flow (2009 - 2026)
Iron Mountain recorded quarterly Free Cash Flow of $36.6 million in Q1 2026, up 325.57% quarter-over-quarter from -$16.2 million in Q4 2025, and up 129.57% year-over-year from $16.0 million in Q1 2025.
Iron Mountain's Free Cash Flow history runs 18 years deep, the most recent figure standing at $36.6 million for Q1 2026.
- In Q1 2026, Free Cash Flow rose 129.57% year-over-year to $36.6 million; the TTM figure through Mar 2026 stood at -$771.0 million (down 195.05% YoY), while the FY2025 annual figure 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.
- A 5-year average of -$12.6 million and a median of -$106.5 million in 2022 frame the typical range for Free Cash Flow.
- Across the five-year window, Free Cash Flow tumbled 1240.85% in 2022 and jumped 1698.64% in 2024, its largest moves.
- Iron Mountain's Free Cash Flow stood at -$370.2 million in 2022, then soared by 118.98% to $70.3 million in 2023, then surged by 1698.64% to $1.3 billion in 2024, then plunged by 101.29% to -$16.2 million in 2025, then surged by 325.57% to $36.6 million in 2026.
- According to Business Quant data, Free Cash Flow over the past three periods registered $36.6 million, -$16.2 million, and -$256.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 106.10 Bn | 103.07 Bn | 2.20 Bn | 594.00 Mn |
| 2 | American Tower | 85.70 Bn | 92.20 Bn | 2.70 Bn | 951.10 Mn |
| 3 | Digital Realty Trust | 67.00 Bn | 66.16 Bn | - | -337.62 Mn |
| 4 | Crown Castle | 40.17 Bn | 40.12 Bn | 984.00 Mn | 452.00 Mn |
| 5 | Iron Mountain | 37.80 Bn | 37.83 Bn | 1.05 Bn | 36.65 Mn |
| 6 | Sba Communications | 21.99 Bn | 22.08 Bn | 532.10 Mn | 206.69 Mn |
| 7 | Weyerhaeuser | 16.98 Bn | 16.68 Bn | 318.00 Mn | 29.00 Mn |
| 8 | Lamar Advertising | 15.51 Bn | 15.46 Bn | 403.56 Mn | 208.30 Mn |
| 9 | Gaming & Leisure Properties | 13.46 Bn | 13.86 Bn | - | 158.75 Mn |
| 10 | OUTFRONT Media | 5.85 Bn | 5.81 Bn | 202.10 Mn | 72.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Sep 30, 2023 | -549.82 Mn |
| Sep 30, 2023 | -549.82 Mn |
| Jun 30, 2023 | 391.00 Mn |
| Jun 30, 2023 | 391.00 Mn |
| Mar 31, 2023 | -137.10 Mn |
| Mar 31, 2023 | -137.10 Mn |
| Dec 31, 2022 | -370.24 Mn |
| Dec 31, 2022 | -370.24 Mn |
| Sep 30, 2022 | 406.85 Mn |
| Sep 30, 2022 | 406.85 Mn |
| Jun 30, 2022 | 122.25 Mn |
| Jun 30, 2022 | 122.25 Mn |
| Mar 31, 2022 | -106.54 Mn |
| Mar 31, 2022 | -106.54 Mn |
| Dec 31, 2021 | 103.46 Mn |
| Dec 31, 2021 | 103.46 Mn |
| Sep 30, 2021 | -49.26 Mn |
| Sep 30, 2021 | -49.26 Mn |
| Jun 30, 2021 | 84.28 Mn |
| Jun 30, 2021 | 84.28 Mn |
| Mar 31, 2021 | 9.34 Mn |
| Mar 31, 2021 | 9.34 Mn |
| Dec 31, 2020 | -19.65 Mn |
| Dec 31, 2020 | -19.65 Mn |
| Sep 30, 2020 | 330.13 Mn |
| Sep 30, 2020 | 330.13 Mn |
| Jun 30, 2020 | 210.65 Mn |
| Jun 30, 2020 | 210.65 Mn |
| Mar 31, 2020 | 64.65 Mn |
| Mar 31, 2020 | 64.65 Mn |
| Dec 31, 2019 | 314.49 Mn |
| Dec 31, 2019 | 314.49 Mn |
| Sep 30, 2019 | 51.93 Mn |
| Sep 30, 2019 | 51.93 Mn |
| Jun 30, 2019 | 130.30 Mn |
| Jun 30, 2019 | 130.30 Mn |
| Mar 31, 2019 | 41.24 Mn |
| Mar 31, 2019 | 41.24 Mn |
| Dec 31, 2018 | 286.93 Mn |
| Dec 31, 2018 | 286.93 Mn |
| Sep 30, 2018 | 119.86 Mn |
| Sep 30, 2018 | 119.86 Mn |
| Jun 30, 2018 | 179.77 Mn |
| Jun 30, 2018 | 179.77 Mn |
| Mar 31, 2018 | 54.81 Mn |
| Mar 31, 2018 | 54.81 Mn |
| Dec 31, 2017 | -87.66 Mn |
| Dec 31, 2017 | -87.66 Mn |
| Sep 30, 2017 | -70.90 Mn |
| Sep 30, 2017 | -70.90 Mn |
| Jun 30, 2017 | 105.84 Mn |
| Jun 30, 2017 | 105.84 Mn |
| Mar 31, 2017 | 58.18 Mn |
| Mar 31, 2017 | 58.18 Mn |
| Dec 31, 2016 | 39.69 Mn |
| Dec 31, 2016 | 39.69 Mn |
| Sep 30, 2016 | -82.36 Mn |
| Sep 30, 2016 | -82.36 Mn |
| Jun 30, 2016 | 41.67 Mn |
| Jun 30, 2016 | 41.67 Mn |
| Mar 31, 2016 | 266,000.00 |
| Mar 31, 2016 | 266,000.00 |
| Dec 31, 2015 | 372.40 Mn |
| Dec 31, 2015 | 372.40 Mn |
| Sep 30, 2015 | 77.13 Mn |
| Sep 30, 2015 | 77.13 Mn |
| Jun 30, 2015 | 109.65 Mn |
| Jun 30, 2015 | 109.65 Mn |
| Mar 31, 2015 | -38.82 Mn |
| Mar 31, 2015 | -38.82 Mn |
| Dec 31, 2014 | 154.05 Mn |
| Dec 31, 2014 | 154.05 Mn |
| Sep 30, 2014 | 17.61 Mn |
| Sep 30, 2014 | 17.61 Mn |
| Jun 30, 2014 | 59.07 Mn |
| Jun 30, 2014 | 59.07 Mn |
| Mar 31, 2014 | -52.22 Mn |
| Mar 31, 2014 | -52.22 Mn |
| Dec 31, 2013 | 124.23 Mn |
| Dec 31, 2013 | 124.23 Mn |
| Sep 30, 2013 | 111.15 Mn |
| Sep 30, 2013 | 111.15 Mn |
| Jun 30, 2013 | 45.34 Mn |
| Jun 30, 2013 | 45.34 Mn |
| Mar 31, 2013 | 79.29 Mn |
| Mar 31, 2013 | 79.29 Mn |
| Dec 31, 2012 | -90.60 Mn |
| Dec 31, 2012 | -90.60 Mn |
| Sep 30, 2012 | 30.45 Mn |
| Sep 30, 2012 | 30.45 Mn |
| Jun 30, 2012 | 85.86 Mn |
| Jun 30, 2012 | 85.86 Mn |
| Mar 31, 2012 | 53.72 Mn |
| Mar 31, 2012 | 53.72 Mn |
| Dec 31, 2011 | 188.81 Mn |
| Dec 31, 2011 | 188.81 Mn |
| Sep 30, 2011 | 159.18 Mn |
| Sep 30, 2011 | 159.18 Mn |
| Jun 30, 2011 | 85.66 Mn |
| Jun 30, 2011 | 85.66 Mn |
| Mar 31, 2011 | 58.21 Mn |
| Mar 31, 2011 | 58.21 Mn |
| Dec 31, 2010 | 164.78 Mn |
| Dec 31, 2010 | 164.78 Mn |
| Sep 30, 2010 | 115.82 Mn |
| Sep 30, 2010 | 115.82 Mn |
| Jun 30, 2010 | 86.53 Mn |
| Jun 30, 2010 | 86.53 Mn |
| Mar 31, 2010 | 49.22 Mn |
| Mar 31, 2010 | 49.22 Mn |
| Dec 31, 2009 | 345.33 Mn |
| Dec 31, 2009 | 345.33 Mn |
| Sep 30, 2009 | 103.46 Mn |
| Sep 30, 2009 | 103.46 Mn |
| Jun 30, 2009 | 58.84 Mn |
| Jun 30, 2009 | 58.84 Mn |
| Mar 31, 2009 | 101.89 Mn |
| Mar 31, 2009 | 101.89 Mn |