Iron Mountain (IRM) Gross Margin (2009 - 2026)
Iron Mountain recorded quarterly Gross Margin of 54.04% in Q1 2026, down 2.41% quarter-over-quarter from 55.38% in Q4 2025, and down 136.0% year-over-year from 150.12% in Q1 2025.
Iron Mountain's Gross Margin history runs 18 years deep, the most recent figure standing at 54.04% for Q1 2026.
- In Q1 2026, Gross Margin fell 136.0% year-over-year to 54.04%; the TTM figure through Mar 2026 stood at 55.02% (down 104.0% YoY), while the FY2025 annual figure 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.
- A 5-year average of 56.26% and a median of 56.36% in 2023 frame the typical range for Gross Margin.
- On a YoY basis, Gross Margin climbed as much as 7704 bps in 2022 and fell as far as 2772 bps in 2022.
- Iron Mountain's Gross Margin stood at 57.78% in 2022, then slipped by 0 bps to 57.65% in 2023, then dropped by 2 bps to 56.43% in 2024, then decreased by 2 bps to 55.38% in 2025, then retreated by 2 bps to 54.04% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 54.04%, 55.38%, and 54.85% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 106.10 Bn | 103.07 Bn | 2.20 Bn | 90.14% |
| 2 | American Tower | 85.70 Bn | 92.20 Bn | 2.70 Bn | 98.59% |
| 3 | Digital Realty Trust | 67.00 Bn | 66.16 Bn | - | - |
| 4 | Crown Castle | 40.17 Bn | 40.12 Bn | 984.00 Mn | 97.43% |
| 5 | Iron Mountain | 37.80 Bn | 37.83 Bn | 1.05 Bn | 54.04% |
| 6 | Sba Communications | 21.99 Bn | 22.08 Bn | 532.10 Mn | 75.64% |
| 7 | Weyerhaeuser | 16.98 Bn | 16.68 Bn | 318.00 Mn | 18.41% |
| 8 | Lamar Advertising | 15.51 Bn | 15.46 Bn | 403.56 Mn | 67.72% |
| 9 | Gaming & Leisure Properties | 13.46 Bn | 13.86 Bn | - | - |
| 10 | OUTFRONT Media | 5.85 Bn | 5.81 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% |
| Mar 31, 2021 | -20.84% |
| Dec 31, 2020 | 85.59% |
| Sep 30, 2020 | 58.09% |
| Jun 30, 2020 | 58.60% |
| Mar 31, 2020 | -21.22% |
| Dec 31, 2019 | 57.44% |
| Sep 30, 2019 | 57.70% |
| Jun 30, 2019 | 56.53% |
| Mar 31, 2019 | 56.29% |
| Dec 31, 2018 | 58.01% |
| Sep 30, 2018 | 57.77% |
| Jun 30, 2018 | 57.44% |
| Mar 31, 2018 | 56.96% |
| Dec 31, 2017 | 59.09% |
| Sep 30, 2017 | 56.68% |
| Jun 30, 2017 | 56.38% |
| Mar 31, 2017 | 54.55% |
| Dec 31, 2016 | 55.45% |
| Sep 30, 2016 | 54.41% |
| Jun 30, 2016 | 55.23% |
| Mar 31, 2016 | 56.56% |
| Dec 31, 2015 | 56.88% |
| Sep 30, 2015 | 57.45% |
| Jun 30, 2015 | 57.05% |
| Mar 31, 2015 | 57.07% |
| Dec 31, 2014 | 56.68% |
| Sep 30, 2014 | 57.13% |
| Jun 30, 2014 | 57.18% |
| Mar 31, 2014 | 56.48% |
| Dec 31, 2013 | 56.25% |
| Sep 30, 2013 | 58.87% |
| Jun 30, 2013 | 57.44% |
| Mar 31, 2013 | 57.00% |
| Dec 31, 2012 | 55.38% |
| Sep 30, 2012 | 58.52% |
| Jun 30, 2012 | 58.38% |
| Mar 31, 2012 | 57.76% |
| Dec 31, 2011 | 57.50% |
| Sep 30, 2011 | 60.13% |
| Jun 30, 2011 | 59.45% |
| Mar 31, 2011 | 57.65% |
| Dec 31, 2010 | 60.58% |
| Sep 30, 2010 | 58.71% |
| Jun 30, 2010 | 58.99% |
| Mar 31, 2010 | 54.77% |
| Dec 31, 2009 | 53.58% |
| Sep 30, 2009 | 57.97% |
| Jun 30, 2009 | 58.08% |
| Mar 31, 2009 | 56.18% |