Iron Mountain (IRM) Gross Margin (2009 - 2026)
Iron Mountain's (IRM) quarterly Gross Margin came in at 52.76% in Q2 2026, down 315.0% year-over-year from 24.54% in Q2 2025, and down 2.38% quarter-over-quarter from 54.04% in Q1 2026.
Analysis
Iron Mountain (IRM) Gross Margin (2009 - 2026) Analysis & Trends
Iron Mountain has disclosed Gross Margin across 18 years of filings, most recently posting 52.76% for Q2 2026.
- In Q2 2026, Gross Margin fell 315.0% year-over-year to 52.76%; the TTM figure through Jun 2026 stood at 54.21% (down 183.0% YoY), while the FY2025 annual figure was 55.38%, down 77.0% from the prior year.
- Gross Margin came in at 52.76% for Q2 2026 at Iron Mountain, down from 54.04% 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 52.76% in Q2 2026.
- Average Gross Margin over 5 years is 56.07%, with a median of 56.28% recorded in 2022.
- Year-over-year, Gross Margin soared 31 bps in 2023 and sank 315 bps in 2026.
- Over 5 years, 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 dropped by 5 bps to 52.76% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 52.76% in Q2 2026, 54.04% in Q1 2026, and 55.38% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 79.96 Bn | 79.67 Bn | 1.48 Bn | 50.95% |
| 2 | Iron Mountain | 34.03 Bn | 33.83 Bn | 1.07 Bn | 52.76% |
| 3 | Rollins | 16.95 Bn | 16.84 Bn | 569.95 Mn | 52.84% |
| 4 | APi | 16.45 Bn | 15.59 Bn | 703.00 Mn | 31.19% |
| 5 | Aramark | 15.01 Bn | 14.51 Bn | 430.34 Mn | 8.51% |
| 6 | FirstService | 6.23 Bn | 6.06 Bn | 480.66 Mn | 33.17% |
| 7 | Unifirst | 4.95 Bn | 4.78 Bn | 234.73 Mn | 37.00% |
| 8 | Geo | 4.09 Bn | 3.84 Bn | - | - |
| 9 | CoreCivic | 3.42 Bn | 3.31 Bn | - | - |
| 10 | Abm Industries | 2.93 Bn | 2.82 Bn | 286.10 Mn | 12.35% |
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% |