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Iron Mountain (IRM) Operating Leases (2019 - 2025)

Iron Mountain's Operating Leases history spans 7 years, with the latest figure at $2.3 billion for Q3 2025.

  • For Q3 2025, Operating Leases fell 6.37% year-over-year to $2.3 billion; the TTM value through Sep 2025 reached $2.3 billion, down 6.37%, while the annual FY2024 figure was $2.7 billion, 3.43% up from the prior year.
  • Operating Leases for Q3 2025 was $2.3 billion at Iron Mountain, up from $2.2 billion in the prior quarter.
  • Across five years, Operating Leases topped out at $2.7 billion in Q4 2024 and bottomed at $2.1 billion in Q1 2021.
  • The 5-year median for Operating Leases is $2.4 billion (2022), against an average of $2.4 billion.
  • The largest annual shift saw Operating Leases increased 19.0% in 2021 before it fell 11.94% in 2025.
  • A 5-year view of Operating Leases shows it stood at $2.2 billion in 2021, then increased by 11.87% to $2.4 billion in 2022, then rose by 5.48% to $2.6 billion in 2023, then rose by 3.43% to $2.7 billion in 2024, then fell by 13.84% to $2.3 billion in 2025.
  • Per Business Quant, the three most recent readings for IRM's Operating Leases are $2.3 billion (Q3 2025), $2.2 billion (Q1 2025), and $2.7 billion (Q4 2024).