Iron Mountain (IRM) Gross Margin (2009 - 2026)
Iron Mountain (IRM) recorded Gross Margin of 52.76% in Q2 2026, down 3.15 percentage points from 55.91% a year earlier and down 1.29 percentage points from the prior quarter.
Powered by 
Analysis
Iron Mountain (IRM) Gross Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Iron Mountain's Gross Margin came in at 54.21% as of Jun 30, 2026, down 1.83 percentage points year-over-year; for FY2025, it came in at 55.38%, down 0.77 percentage points from FY2024.
- Annual Gross Margin has declined for four straight years, with a five-year change of -2.25 percentage points (FY2020 to FY2025).
- Across earlier years, Gross Margin came in at 56.15% in FY2024 (-0.82 pp), 56.98% in FY2023 (-0.13 pp), 57.11% in FY2022 (-0.88 pp) and 57.98% in FY2021 (+0.36 pp).
- The Q2 2026 figure is the lowest quarterly Gross Margin in data going back to Q1 2009.
- On a year-over-year basis, Gross Margin has declined for 13 consecutive quarters, with an average year-over-year change of -1.21 percentage points over the last eight quarters.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 1.08 percentage points in Q4 2021, against a drop of 3.15 percentage points in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 54.04% (Q1 2026), 55.38% (Q4 2025) and 54.85% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 118.39 Bn | 78.80 Bn | 6.13 Bn | 32.77% |
| 2 | Cintas | 79.13 Bn | 78.31 Bn | 1.48 Bn | 50.95% |
| 3 | Iron Mountain | 33.17 Bn | 32.69 Bn | 1.07 Bn | 52.76% |
| 4 | APi | 16.75 Bn | 13.79 Bn | 703.00 Mn | 31.19% |
| 5 | Rollins | 14.67 Bn | 14.22 Bn | 569.95 Mn | 52.84% |
| 6 | Aramark | 14.35 Bn | 12.37 Bn | 430.34 Mn | 8.51% |
| 7 | UL Solutions | 13.11 Bn | 11.89 Bn | 417.00 Mn | 51.10% |
| 8 | Gartner | 11.73 Bn | 5.42 Bn | 1.19 Bn | 70.95% |
| 9 | Rentokil Initial | 10.12 Bn | 3.46 Bn | - | - |
| 10 | Tetra Tech | 8.63 Bn | 7.74 Bn | 243.21 Mn | 18.59% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 52.76% |
| 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 | 57.38% |
API Access
Iron Mountain Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=IRM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "IRM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=IRM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();