Iron Mountain (IRM) Revenue & Revenue Breakdown


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Iron Mountain Revenue Highlights


Latest Revenue (Y)

$5.48B

Latest Revenue (Q)

$1.53B

Main Segment (Y)

Records Management

Main Geography (Y)

UNITED STATES

Iron Mountain Revenue by Period


Iron Mountain Revenue by Year

DateRevenueChange
2023-12-31$5.48B7.38%
2022-12-31$5.10B13.63%
2021-12-31$4.49B8.30%
2020-12-31$4.15B-2.71%
2019-12-31$4.26B0.87%
2018-12-31$4.23B9.89%
2017-12-31$3.85B9.52%
2016-12-31$3.51B16.74%
2015-12-31$3.01B-3.52%
2014-12-31$3.12B3.03%
2013-12-31$3.03B0.69%
2012-12-31$3.01B-0.31%
2011-12-31$3.01B3.36%
2010-12-31$2.92B-3.22%
2009-12-31$3.01B-1.36%
2008-12-31$3.06B11.91%
2007-12-31$2.73B16.15%
2006-12-31$2.35B13.10%
2005-12-31$2.08B14.34%
2004-12-31$1.82B21.07%
2003-12-31$1.50B13.87%
2002-12-31$1.32B12.58%
2001-12-31$1.17B18.73%
2000-12-31$986.37M89.87%
1999-12-31$519.50M92.19%
1998-12-31$270.30M47.30%
1997-12-31$183.50M41.43%
1996-12-31$129.75M-

Iron Mountain generated $5.48B in revenue during NA 2023, up 7.38% compared to the previous quarter, and up 129.69% compared to the same period a year ago.

Iron Mountain Revenue by Quarter

DateRevenueChange
2024-06-30$1.53B3.90%
2024-03-31$1.48B4.02%
2023-12-31$1.42B2.28%
2023-09-30$1.39B2.23%
2023-06-30$1.36B3.32%
2023-03-31$1.31B2.76%
2022-12-31$1.28B-0.61%
2022-09-30$1.29B-0.20%
2022-06-30$1.29B3.32%
2022-03-31$1.25B7.63%
2021-12-31$1.16B2.60%
2021-09-30$1.13B0.93%
2021-06-30$1.12B3.49%
2021-03-31$1.08B2.11%
2020-12-31$1.06B2.22%
2020-09-30$1.04B5.54%
2020-06-30$982.24M-8.09%
2020-03-31$1.07B-1.01%
2019-12-31$1.08B1.63%
2019-09-30$1.06B-0.44%
2019-06-30$1.07B1.24%
2019-03-31$1.05B-0.72%
2018-12-31$1.06B0.05%
2018-09-30$1.06B0.02%
2018-06-30$1.06B1.76%
2018-03-31$1.04B5.17%
2017-12-31$991.24M2.65%
2017-09-30$965.66M1.67%
2017-06-30$949.81M1.16%
2017-03-31$938.88M0.50%
2016-12-31$934.19M-0.92%
2016-09-30$942.82M6.68%
2016-06-30$883.75M17.72%
2016-03-31$750.69M-0.23%
2015-12-31$752.43M0.79%
2015-09-30$746.53M-1.74%
2015-06-30$759.73M1.39%
2015-03-31$749.29M-3.69%
2014-12-31$777.98M-0.60%
2014-09-30$782.70M-0.53%
2014-06-30$786.89M2.18%
2014-03-31$770.13M0.21%
2013-12-31$768.53M1.71%
2013-09-30$755.64M0.12%
2013-06-30$754.72M1.03%
2013-03-31$747.03M-1.51%
2012-12-31$758.47M1.38%
2012-09-30$748.13M-0.54%
2012-06-30$752.16M0.76%
2012-03-31$746.50M2.34%
2011-12-31$729.44M-5.52%
2011-09-30$772.08M1.21%
2011-06-30$762.89M-4.51%
2011-03-31$798.95M1.30%
2010-12-31$788.68M0.78%
2010-09-30$782.57M0.36%
2010-06-30$779.79M0.42%
2010-03-31$776.51M-0.36%
2009-12-31$779.34M1.89%
2009-09-30$764.88M2.53%
2009-06-30$746.03M3.14%
2009-03-31$723.35M-3.88%
2008-12-31$752.55M-4.05%
2008-09-30$784.34M2.01%
2008-06-30$768.86M-

Iron Mountain generated $1.53B in revenue during Q2 2024, up 3.90% compared to the previous quarter, and up 116.74% compared to the same period a year ago.

Iron Mountain Revenue Breakdown


Iron Mountain Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Information Destruction$693.42M----
Data Management$520.19M----
Records Management$3.77B----
Global Records and Information Management Business-$4.30B$3.98B$3.70B-
Corporate and Other-$407.33M$188.47M$168.68M-
Global Data Center Business--$326.90M$279.31M-
Service----$603.27M

Iron Mountain's latest annual revenue breakdown by segment (product or service), as of Dec 23: Records Management (75.66%), Information Destruction (13.91%), and Data Management (10.43%).

Quarterly Revenue by Product

Product/ServiceJun 24Mar 24Dec 23Sep 23Jun 23Mar 23Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19
Global Data Center Business$152.70M$100.31M$100.09M$96.99M$90.23M$88.59M$76.98M$71.11M$72.37M$72.81M$66.77M$67.36M--------
Global Records and Information Management Business$1.25B$1.09B$1.07B$1.04B$1.02B$995.58M$992.93M$967.29M$943.99M$921.77M$877.10M$956.42M--------
Records Management-$975.72M$2.81B$962.52M----------------
Data Management-$132.05M$392.00M$128.19M----------------
Information Destruction-$225.15M$523.48M$169.93M----------------
Data Center-$143.94M$127.53M-----------------
Service----$527.18M$504.26M$159.10M$143.32M$151.53M-----------
Corporate and Other------$95.53M$118.97M$107.48M$49.00M$45.98M$49.85M$43.64M$43.29M$42.06M$38.37M$44.95M---
Storage Rental------------------$256.35M$258.13M

Iron Mountain's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Global Records and Information Management Business (89.12%), and Global Data Center Business (10.88%).

Iron Mountain Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21Dec 20Dec 19
AUSTRALIA$143.81M$144.84M$148.43M$133.81M$143.51M
UNITED STATES$3.51B$3.26B$2.71B$2.58B$2.63B
CANADA$279.32M$270.84M$252.38M$224.86M$243.03M

Iron Mountain's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (89.23%), CANADA (7.11%), and AUSTRALIA (3.66%).

Quarterly Revenue by Country

CountrySep 19Jun 19Mar 19Dec 18Sep 18Jun 18Mar 18
North American Records And Information Management Business$1.63B$539.27M$527.38M$532.25M$539.60M$539.08M$222.02M
North American Data Management Business$289.66M$96.42M$96.75M$96.52M$97.48M$100.03M$30.72M

Iron Mountain's latest quarterly revenue breakdown by geography, as of Sep 19: North American Records And Information Management Business (84.88%), and North American Data Management Business (15.12%).

Iron Mountain Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
AMTAmerican Tower$11.14B$2.90B
EQIXEquinix$8.19B$2.13B
CCICrown Castle$6.98B$1.63B
IRMIron Mountain$5.48B$1.53B
DLRDigital Realty Trust$5.48B$1.36B
SBACSBA Communications$2.71B$660.48M
HASIHannon Armstrong Sustainable Infrastructure Capital$319.87M$94.52M
GLPIGaming and Leisure Properties-$380.63M

IRM Revenue FAQ


Iron Mountain's yearly revenue for 2023 was $5.48B, representing an increase of 7.38% compared to 2022. The company's yearly revenue for 2022 was $5.1B, representing an increase of 13.63% compared to 2021. IRM's yearly revenue for 2021 was $4.49B, representing an increase of 8.30% compared to 2020.

Iron Mountain's quarterly revenue for Q2 2024 was $1.53B, a 3.90% increase from the previous quarter (Q1 2024), and a 13.00% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $1.48B, a 4.02% increase from the previous quarter (Q4 2023), and a 12.36% increase year-over-year (Q1 2023). IRM's quarterly revenue for Q4 2023 was $1.42B, a 2.28% increase from the previous quarter (Q3 2023), and a 11.01% increase year-over-year (Q4 2022).

Iron Mountain's revenue growth rate for the last 3 years (2021-2023) was 22.01%, and for the last 5 years (2019-2023) was 28.57%.

Iron Mountain's revenue streams in c 23 are Information Destruction, Data Management, and Records Management. Information Destruction generated $693.42M in revenue, accounting 13.91% of the company's total revenue Data Management generated $520.19M in revenue, accounting 10.43% of the company's total revenue Records Management generated $3.77B in revenue, accounting 75.66% of the company's total revenue

For the fiscal year ending Dec 23, the largest source of revenue of Iron Mountain was Records Management. This segment made a revenue of $3.77B, representing 75.66% of the company's total revenue.