IRM · Q1 FY26 · Mar 31, 2026
Iron Mountain Q1 FY26: where the revenue came from and where it went
Iron Mountain Q1 FY26: revenue $1.9B (+22% year over year). Net profit $0.1B. Largest cohort Records Management $1.2B. The whole income statement as a sankey diagram from the SEC filing.
- Period
- Mar 31, 2026
- Reported
- Apr 30, 2026
Tap the diagram to enlarge · figures in billions of dollars
Revenue$1.9B
+22% year over year
Gross profit$1B
54% margin
Operating profit$0.4B
20% margin
Net profit$0.1B
8% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 1.9 | 100% | +22% |
| Records Management | 1.2 | 63% | +14% |
| Information Destruction | 0.4 | 21% | +46% |
| Data Center | 0.3 | 16% | +47% |
| Data Management | 0.1 | 5% | +1% |
| Cost of revenue | −0.9 | 47% | |
| Gross profit | 1 | 54% margin | −1pp |
| SG&A | −0.4 | 19% | −1pp |
| Other | −0.3 | 14% | +0pp |
| Operating profit | 0.4 | 20% margin | +4pp |
| Interest & other costs | −0.3 | ||
| Net profit | 0.1 | 8% | +7pp |
Older quarters
-
Q4 FY25 12/2025Revenue $1.8B Net margin 5%
-
Q3 FY25 9/2025Revenue $1.8B Net margin 5%
-
Q2 FY25 6/2025Revenue $1.7B Net margin -3%
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