Iron Mountain (IRM) Gross Margin (2009 - 2026)
Iron Mountain (IRM) reported Gross Margin of 54.04% for Q1 2026, down 136.0% on a YoY basis from 150.12% in Q1 2025, and down 2.41% sequentially from 55.38% in Q4 2025.
Iron Mountain (IRM) Gross Margin (2009 - 2026) Analysis & Trends
Iron Mountain (IRM) has 18 years of Gross Margin data on file, last reported at 54.04% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 136.0% year-over-year to 54.04%; the trailing twelve-month figure through Mar 2026 stood at 55.02% (down 104.0% YoY), and the FY2025 full-year result was 55.38%, down 77.0% from the prior year.
- Gross Margin eased to 54.04% in Q1 2026, from 55.38% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 57.78% in Q4 2022 to a low of 54.04% in Q1 2026.
- A 5-year average of 56.26% and a median of 56.36% in 2023 frame the typical range for Gross Margin.
- Peak annual rise in Gross Margin reached 7505 bps in 2022, while the deepest fall reached 203 bps in 2022.
- Tracing IRM's Gross Margin over 5 years: stood at 57.78% in 2022, then retreated by 0 bps to 57.65% in 2023, then decreased by 2 bps to 56.43% in 2024, then fell by 2 bps to 55.38% in 2025, then declined by 2 bps to 54.04% in 2026.
- Business Quant data shows IRM's Gross Margin at 54.04% in Q1 2026, 55.38% in Q4 2025, and 54.85% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 102.00 Bn | 98.94 Bn | 1.26 Bn | 51.47% |
| 2 | American Tower | 76.76 Bn | 83.27 Bn | 2.70 Bn | 98.59% |
| 3 | Digital Realty Trust | 61.91 Bn | 61.08 Bn | - | - |
| 4 | Iron Mountain | 37.06 Bn | 37.09 Bn | 1.05 Bn | 54.04% |
| 5 | Crown Castle | 32.50 Bn | 32.44 Bn | 23.00 Mn | 46.94% |
| 6 | Sba Communications | 18.50 Bn | 18.59 Bn | 532.10 Mn | 75.64% |
| 7 | Weyerhaeuser | 17.05 Bn | 16.75 Bn | 318.00 Mn | 18.41% |
| 8 | Lamar Advertising | 15.99 Bn | 15.96 Bn | 344.69 Mn | 65.28% |
| 9 | Gaming & Leisure Properties | 12.58 Bn | 12.98 Bn | - | - |
| 10 | Rayonier | 6.43 Bn | 5.79 Bn | 46.45 Mn | 16.78% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 54.04% |
| Dec 31, 2025 | 55.38% |
| Sep 30, 2025 | 54.85% |
| Jun 30, 2025 | 55.91% |
| Mar 31, 2025 | 55.40% |
| Dec 31, 2024 | 56.43% |
| Sep 30, 2024 | 56.44% |
| Jun 30, 2024 | 55.95% |
| Mar 31, 2024 | 55.77% |
| Dec 31, 2023 | 57.65% |
| Sep 30, 2023 | 57.34% |
| Jun 30, 2023 | 56.36% |
| Mar 31, 2023 | 56.51% |
| Dec 31, 2022 | 57.78% |
| Sep 30, 2022 | 57.57% |
| Jun 30, 2022 | 56.85% |
| Mar 31, 2022 | 56.20% |
| Dec 31, 2021 | 58.69% |
| Sep 30, 2021 | -17.04% |
| Jun 30, 2021 | -18.21% |