Iron Mountain (IRM) Operating Leases (2019 - 2026)
Iron Mountain's (IRM) quarterly Operating Leases came in at $2.3 billion in Q2 2026, little changed year-over-year from $2.3 billion in Q2 2025, and down 0.72% quarter-over-quarter from $2.3 billion in Q1 2026.
Analysis
Iron Mountain (IRM) Operating Leases (2019 - 2026) Analysis & Trends
Iron Mountain has disclosed Operating Leases across 8 years of filings, most recently posting $2.3 billion for Q2 2026.
- In Q2 2026, Operating Leases changed 0.46% year-over-year to $2.3 billion; the TTM figure through Jun 2026 stood at $2.3 billion (changed 0.46% YoY), while the FY2025 annual figure was $2.3 billion, down 1.47% from the prior year.
- Operating Leases came in at $2.3 billion for Q2 2026 at Iron Mountain, down from $2.3 billion in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $2.6 billion in Q4 2023 to a low of $2.2 billion in Q1 2022.
- Average Operating Leases over 5 years is $2.4 billion, with a median of $2.4 billion recorded in 2022.
- Year-over-year, Operating Leases rose 14.43% in 2023 and slipped 11.94% in 2025.
- Over 5 years, Operating Leases stood at $2.4 billion in 2022, then increased by 5.48% to $2.6 billion in 2023, then declined by 8.88% to $2.3 billion in 2024, then decreased by 1.47% to $2.3 billion in 2025, then declined by 1.53% to $2.3 billion in 2026.
- Per Business Quant data, the three most recent Operating Leases figures were $2.3 billion in Q2 2026, $2.3 billion in Q1 2026, and $2.3 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Cintas | 80.04 Bn | 79.76 Bn | 1.48 Bn |
| 2 | Iron Mountain | 34.33 Bn | 34.13 Bn | 1.07 Bn |
| 3 | Rollins | 16.59 Bn | 16.48 Bn | 569.95 Mn |
| 4 | APi | 16.40 Bn | 15.55 Bn | 703.00 Mn |
| 5 | Aramark | 14.94 Bn | 14.44 Bn | 430.34 Mn |
| 6 | FirstService | 6.27 Bn | 6.10 Bn | 480.66 Mn |
| 7 | Unifirst | 4.96 Bn | 4.79 Bn | 234.73 Mn |
| 8 | Geo | 4.11 Bn | 3.86 Bn | - |
| 9 | CoreCivic | 3.40 Bn | 3.29 Bn | - |
| 10 | Abm Industries | 2.92 Bn | 2.81 Bn | 286.10 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.27 Bn |
| Mar 31, 2026 | 2.28 Bn |
| Dec 31, 2025 | 2.30 Bn |
| Sep 30, 2025 | 2.28 Bn |
| Jun 30, 2025 | 2.25 Bn |
| Mar 31, 2025 | 2.22 Bn |
| Dec 31, 2024 | 2.33 Bn |
| Sep 30, 2024 | 2.44 Bn |
| Jun 30, 2024 | 2.45 Bn |
| Mar 31, 2024 | 2.53 Bn |
| Dec 31, 2023 | 2.56 Bn |
| Sep 30, 2023 | 2.48 Bn |
| Jun 30, 2023 | 2.51 Bn |
| Mar 31, 2023 | 2.51 Bn |
| Dec 31, 2022 | 2.43 Bn |
| Sep 30, 2022 | 2.41 Bn |
| Jun 30, 2022 | 2.37 Bn |
| Mar 31, 2022 | 2.20 Bn |
| Dec 31, 2021 | 2.17 Bn |
| Sep 30, 2021 | 2.16 Bn |