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Growth Metrics

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

Iron Mountain (IRM) has disclosed Operating Leases for 7 consecutive years, with $2.6 billion as the latest value for Q4 2025.

  • Quarterly Operating Leases rose 12.2% to $2.6 billion in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $2.6 billion through Dec 2025, up 12.2% year-over-year, with the annual reading at $2.6 billion for FY2025, 12.2% up from the prior year.
  • Operating Leases hit $2.6 billion in Q4 2025 for Iron Mountain, up 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 2025 to a low of $2.1 billion in Q1 2021.
  • Historically, Operating Leases has averaged $2.4 billion across 5 years, with a median of $2.4 billion in 2022.
  • Biggest five-year swings in Operating Leases: rose 19.0% in 2021 and later dropped 11.94% in 2025.
  • Year by year, Operating Leases stood at $2.2 billion in 2021, then rose by 11.87% to $2.4 billion in 2022, then grew by 5.48% to $2.6 billion in 2023, then dropped by 8.88% to $2.3 billion in 2024, then grew by 12.2% to $2.6 billion in 2025.
  • Business Quant data shows Operating Leases for IRM at $2.6 billion in Q4 2025, $2.3 billion in Q3 2025, and $2.3 billion in Q2 2025.