Iron Mountain (IRM) Gross Margin (2009 - 2026)
Iron Mountain's (IRM) quarterly Gross Margin came in at 54.04% in Q1 2026, down 136.0% year-on-year from 150.12% in Q1 2025, and down 2.41% quarter-over-quarter from 55.38% in Q4 2025.
Iron Mountain (IRM) Gross Margin (2009 - 2026) Analysis & Trends
Iron Mountain has disclosed Gross Margin across 18 years of filings, most recently posting 54.04% for Q1 2026.
- Gross Margin for Q1 2026 came in at 54.04%, down 136.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 55.02% (down 104.0% YoY), and the FY2025 annual result was 55.38%, down 77.0% from the prior year.
- Gross Margin came in at 54.04% for Q1 2026 at Iron Mountain, down 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.
- The 5-year median for Gross Margin is 56.36% (2023), against an average of 56.26%.
- Peak annual rise in Gross Margin reached 7704 bps in 2022, while the deepest fall reached 2772 bps in 2022.
- Iron Mountain's Gross Margin stood at 57.78% in 2022, then decreased by 0 bps to 57.65% in 2023, then slipped by 2 bps to 56.43% in 2024, then retreated by 2 bps to 55.38% in 2025, then fell by 2 bps to 54.04% in 2026.
- The last three Gross Margin figures came in at 54.04% (Q1 2026), 55.38% (Q4 2025), and 54.85% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 104.53 Bn | 101.50 Bn | 2.20 Bn | 90.14% |
| 2 | American Tower | 86.20 Bn | 92.70 Bn | 2.70 Bn | 98.59% |
| 3 | Digital Realty Trust | 63.76 Bn | 62.92 Bn | - | - |
| 4 | Crown Castle | 38.57 Bn | 38.52 Bn | 984.00 Mn | 97.43% |
| 5 | Iron Mountain | 37.41 Bn | 37.43 Bn | 1.05 Bn | 54.04% |
| 6 | Sba Communications | 20.70 Bn | 20.79 Bn | 532.10 Mn | 75.64% |
| 7 | Weyerhaeuser | 17.74 Bn | 17.44 Bn | 318.00 Mn | 18.41% |
| 8 | Lamar Advertising | 15.68 Bn | 15.63 Bn | 403.56 Mn | 67.72% |
| 9 | Gaming & Leisure Properties | 13.22 Bn | 13.62 Bn | - | - |
| 10 | OUTFRONT Media | 5.51 Bn | 5.47 Bn | 202.10 Mn | 47.04% |
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 | 85.50% |
| Sep 30, 2021 | 57.38% |
| Jun 30, 2021 | 57.62% |