Iron Mountain (IRM) Free Cash Flow (2009 - 2026)
Iron Mountain (IRM) reported Free Cash Flow of $36.6 million for Q1 2026, up 107.68% on a YoY basis from $17.6 million in Q1 2025, and down 98.16% sequentially from $2.0 billion in Q4 2025.
Iron Mountain (IRM) Free Cash Flow (2009 - 2026) Analysis & Trends
Iron Mountain (IRM) has 18 years of Free Cash Flow data on file, last reported at $36.6 million in Q1 2026.
- For the quarter ending Q1 2026, Free Cash Flow rose 107.68% year-over-year to $36.6 million; the trailing twelve-month figure through Mar 2026 stood at $1.6 billion (up 293.79% YoY), and the FY2025 full-year result was $1.1 billion, up 281.11% from the prior year.
- Free Cash Flow fell to $36.6 million in Q1 2026, from $2.0 billion in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of $2.0 billion in Q4 2025 to a low of -$1.1 billion in Q4 2024.
- A 5-year average of $85.3 million and a median of $36.6 million in 2026 frame the typical range for Free Cash Flow.
- Across the five-year window, Free Cash Flow tumbled 609.06% in 2024 and jumped 278.12% in 2025, its largest moves.
- Tracing IRM's Free Cash Flow over 5 years: stood at $88.8 million in 2022, then surged by 147.59% to $219.8 million in 2023, then plunged by 609.06% to -$1.1 billion in 2024, then jumped by 278.12% to $2.0 billion in 2025, then tumbled by 98.16% to $36.6 million in 2026.
- Business Quant data shows IRM's Free Cash Flow at $36.6 million in Q1 2026, $2.0 billion in Q4 2025, and -$256.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 102.00 Bn | 98.94 Bn | 1.26 Bn | -539.00 Mn |
| 2 | American Tower | 76.76 Bn | 83.27 Bn | 2.70 Bn | 1.29 Bn |
| 3 | Digital Realty Trust | 61.91 Bn | 61.08 Bn | - | -337.62 Mn |
| 4 | Iron Mountain | 37.06 Bn | 37.09 Bn | 1.05 Bn | 36.65 Mn |
| 5 | Crown Castle | 32.50 Bn | 32.44 Bn | 23.00 Mn | 452.00 Mn |
| 6 | Sba Communications | 18.50 Bn | 18.59 Bn | 532.10 Mn | 206.69 Mn |
| 7 | Weyerhaeuser | 17.05 Bn | 16.75 Bn | 318.00 Mn | 29.00 Mn |
| 8 | Lamar Advertising | 15.99 Bn | 15.96 Bn | 344.69 Mn | 114.25 Mn |
| 9 | Gaming & Leisure Properties | 12.58 Bn | 12.98 Bn | - | 158.75 Mn |
| 10 | Rayonier | 6.43 Bn | 5.79 Bn | 46.45 Mn | 30.08 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 36.65 Mn |
| Mar 31, 2026 | 36.65 Mn |
| Dec 31, 2025 | 1.99 Bn |
| Dec 31, 2025 | 1.99 Bn |
| Sep 30, 2025 | -256.28 Mn |
| Sep 30, 2025 | -256.28 Mn |
| Jun 30, 2025 | -181.63 Mn |
| Jun 30, 2025 | -181.63 Mn |
| Mar 31, 2025 | -477.47 Mn |
| Mar 31, 2025 | -477.47 Mn |
| Dec 31, 2024 | -1.12 Bn |
| Dec 31, 2024 | -1.12 Bn |
| Sep 30, 2024 | 97.79 Mn |
| Sep 30, 2024 | 97.79 Mn |
| Jun 30, 2024 | 677.21 Mn |
| Jun 30, 2024 | 677.21 Mn |
| Mar 31, 2024 | -251.11 Mn |
| Mar 31, 2024 | -251.11 Mn |
| Dec 31, 2023 | 219.77 Mn |
| Dec 31, 2023 | 219.77 Mn |