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| 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 |