Iron Mountain (IRM) Leases (2019 - 2026)
Iron Mountain recorded quarterly Leases of $482.6 million in Q1 2026, down 80.42% quarter-over-quarter from $2.5 billion in Q4 2025, and down 79.78% year-over-year from $2.4 billion in Q1 2025.
Iron Mountain's Leases history runs 8 years deep, the most recent figure standing at $482.6 million for Q1 2026.
- In Q1 2026, Leases fell 79.78% year-over-year to $482.6 million; the TTM figure through Mar 2026 stood at $482.6 million (down 79.78% YoY), while the FY2025 annual figure was $2.5 billion, down 0.99% from the prior year.
- Leases came in at $482.6 million for Q1 2026 at Iron Mountain, down from $2.5 billion in the prior quarter.
- In the past five years, Leases ranged from a high of $2.7 billion in Q2 2023 to a low of $250.6 million in Q3 2022.
- A 5-year average of $1.8 billion and a median of $2.5 billion in 2025 frame the typical range for Leases.
- Across the five-year window, Leases plunged 89.14% in 2022 and soared 945.61% in 2023, its largest moves.
- Iron Mountain's Leases stood at $2.6 billion in 2022, then tumbled by 88.21% to $304.6 million in 2023, then surged by 717.43% to $2.5 billion in 2024, then fell by 0.99% to $2.5 billion in 2025, then slumped by 80.42% to $482.6 million in 2026.
- According to Business Quant data, Leases over the past three periods registered $482.6 million, $2.5 billion, and $462.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 106.10 Bn | 103.07 Bn | 2.20 Bn | 1.35 Bn |
| 2 | American Tower | 85.70 Bn | 92.20 Bn | 2.70 Bn | 8.49 Bn |
| 3 | Digital Realty Trust | 67.00 Bn | 66.16 Bn | - | 1.11 Bn |
| 4 | Crown Castle | 40.17 Bn | 40.12 Bn | 984.00 Mn | 5.44 Bn |
| 5 | Iron Mountain | 37.80 Bn | 37.83 Bn | 1.05 Bn | 482.62 Mn |
| 6 | Sba Communications | 21.99 Bn | 22.08 Bn | 532.10 Mn | 2.68 Bn |
| 7 | Weyerhaeuser | 16.98 Bn | 16.68 Bn | 318.00 Mn | - |
| 8 | Lamar Advertising | 15.51 Bn | 15.46 Bn | 403.56 Mn | 1.50 Bn |
| 9 | Gaming & Leisure Properties | 13.46 Bn | 13.86 Bn | - | 1.07 Bn |
| 10 | OUTFRONT Media | 5.85 Bn | 5.81 Bn | 202.10 Mn | 1.55 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 482.62 Mn |
| Dec 31, 2025 | 2.47 Bn |
| Sep 30, 2025 | 462.50 Mn |
| Jun 30, 2025 | 474.71 Mn |
| Mar 31, 2025 | 2.39 Bn |
| Dec 31, 2024 | 2.49 Bn |
| Sep 30, 2024 | 2.59 Bn |
| Jun 30, 2024 | 2.59 Bn |
| Mar 31, 2024 | 318.75 Mn |
| Dec 31, 2023 | 304.60 Mn |
| Sep 30, 2023 | 2.62 Bn |
| Jun 30, 2023 | 2.67 Bn |
| Mar 31, 2023 | 2.67 Bn |
| Dec 31, 2022 | 2.58 Bn |
| Sep 30, 2022 | 250.63 Mn |
| Jun 30, 2022 | 2.51 Bn |
| Mar 31, 2022 | 2.34 Bn |
| Dec 31, 2021 | 2.31 Bn |
| Sep 30, 2021 | 2.31 Bn |
| Jun 30, 2021 | 2.34 Bn |
| Mar 31, 2021 | 2.21 Bn |
| Dec 31, 2020 | 2.20 Bn |
| Sep 30, 2020 | 306.64 Mn |
| Jun 30, 2020 | 1.95 Bn |
| Mar 31, 2020 | 1.91 Bn |
| Dec 31, 2019 | 327.22 Mn |
| Sep 30, 2019 | 1.77 Bn |
| Jun 30, 2019 | 1.79 Bn |
| Mar 31, 2019 | 1.79 Bn |