Iron Mountain Q1 FY26: where the revenue came from and where it went
The whole income statement of Iron Mountain for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Jan 1 – Mar 31, 2026
- Reported
- Apr 30, 2026
Revenue$1.94B
+22% year over year
Gross profit$1.05B
54% margin
Operating profit$0.40B
20% margin
Net profit$0.15B
8% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 1.94 | 100% | +22% |
| Records management | 1.18 | 61% | +14% |
| Information destruction | 0.38 | 20% | +46% |
| Data center | 0.26 | 13% | +47% |
| Data management | 0.12 | 6% | +1% |
| Cost of revenue | −0.89 | 46% | |
| Gross profit | 1.05 | 54% margin | −1pp |
| SG&A | −0.37 | 19% | −1pp |
| Other | −0.28 | 15% | +0pp |
| Operating profit | 0.40 | 20% margin | +4pp |
| Interest & other costs | −0.22 | ||
| Tax | −0.03 | ||
| Net profit | 0.15 | 8% margin | +7pp |
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