Iron Mountain revenue and financials

IRM · NYSE · USD

$116.50Change from previous close: +3.71%Absolute change: +$4.17

Close · October 6, 2026

In the fiscal year ended December 2025, Iron Mountain reported revenue of $6.9B (+12.23% year over year). Net income was $152.25M, a net margin of 2.2%.

Annual revenue · 2025: $6.9B
  1. $3.51B2016
  2. $3.85B2017
  3. $4.23B2018
  4. $4.26B2019
  5. $4.15B2020
  6. $4.49B2021
  7. $5.1B2022
  8. $5.48B2023
  9. $6.15B2024
  10. $6.9B2025

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
+12.23%
2025 vs 2024
Net income growth
−17.10%
2025 vs 2024
Net margin
2.2%
2024: 3.0%

Financial data

Amounts in millions of USD; per-share values in USD; shares in millions.

Cash flow · Annual
Item2025202420232022202120202019201820172016
Operating cash flow1,3401,1971,114928759988967936721544
Depreciation and amortization1,024901776728680652658640522452
Capital expenditure-2,272-1,792-1,339-875-611-438-693-460-343-329
Investing cash flow-2,574-2,137-1,444-1,660-473—————
Financing cash flow1,268877426639——————
Dividends paid-919-790-738-724-718-716-705-674-440-506
Debt issued18,40016,15319,37612,950——————
Debt repaid-16,016-14,476-18,196-11,596——————
Effect of exchange rates-30.9-3.8-13.9-20.5-14.0—————
Net change in cash2.8-67.181.0-11450.8—————
Free cash flow-1,007-657-23244.1——————
Levered free cash flow-1,104-408-71.672.3159—————