Iron Mountain (IRM) Revenue & Revenue Breakdown

Overview ForecastOwnership Financials Chart Transcripts

Iron Mountain Revenue Highlights

Latest Revenue (Y)

$5.48B

Latest Revenue (Q)

$1.56B

Main Segment (Y)

Global Records and Information Management Business

Main Geography (Y)

UNITED STATES

Iron Mountain Revenue by Period

Iron Mountain Revenue by Year

Date	Revenue	Change
2023-12-31	$5.48B	7.38%
2022-12-31	$5.10B	13.63%
2021-12-31	$4.49B	8.30%
2020-12-31	$4.15B	-2.71%
2019-12-31	$4.26B	0.87%
2018-12-31	$4.23B	9.89%
2017-12-31	$3.85B	9.52%
2016-12-31	$3.51B	16.74%
2015-12-31	$3.01B	-3.52%
2014-12-31	$3.12B	3.03%
2013-12-31	$3.03B	0.69%
2012-12-31	$3.01B	-0.31%
2011-12-31	$3.01B	3.36%
2010-12-31	$2.92B	-3.22%
2009-12-31	$3.01B	-1.36%
2008-12-31	$3.06B	11.91%
2007-12-31	$2.73B	16.15%
2006-12-31	$2.35B	13.10%
2005-12-31	$2.08B	14.34%
2004-12-31	$1.82B	21.07%
2003-12-31	$1.50B	13.87%
2002-12-31	$1.32B	12.58%
2001-12-31	$1.17B	18.73%
2000-12-31	$986.37M	89.87%
1999-12-31	$519.50M	92.19%
1998-12-31	$270.30M	47.30%
1997-12-31	$183.50M	41.43%
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

Date	Revenue	Change
2024-09-30	$1.56B	1.50%
2024-06-30	$1.53B	3.90%
2024-03-31	$1.48B	4.02%
2023-12-31	$1.42B	2.28%
2023-09-30	$1.39B	2.23%
2023-06-30	$1.36B	3.32%
2023-03-31	$1.31B	2.76%
2022-12-31	$1.28B	-0.61%
2022-09-30	$1.29B	-0.20%
2022-06-30	$1.29B	3.32%
2022-03-31	$1.25B	7.63%
2021-12-31	$1.16B	2.60%
2021-09-30	$1.13B	0.93%
2021-06-30	$1.12B	3.49%
2021-03-31	$1.08B	2.11%
2020-12-31	$1.06B	2.22%
2020-09-30	$1.04B	5.54%
2020-06-30	$982.24M	-8.09%
2020-03-31	$1.07B	-1.01%
2019-12-31	$1.08B	1.63%
2019-09-30	$1.06B	-0.44%
2019-06-30	$1.07B	1.24%
2019-03-31	$1.05B	-0.72%
2018-12-31	$1.06B	0.05%
2018-09-30	$1.06B	0.02%
2018-06-30	$1.06B	1.76%
2018-03-31	$1.04B	5.17%
2017-12-31	$991.24M	2.65%
2017-09-30	$965.66M	1.67%
2017-06-30	$949.81M	1.16%
2017-03-31	$938.88M	0.50%
2016-12-31	$934.19M	-0.92%
2016-09-30	$942.82M	6.68%
2016-06-30	$883.75M	17.72%
2016-03-31	$750.69M	-0.23%
2015-12-31	$752.43M	0.79%
2015-09-30	$746.53M	-1.74%
2015-06-30	$759.73M	1.39%
2015-03-31	$749.29M	-3.69%
2014-12-31	$777.98M	-0.60%
2014-09-30	$782.70M	-0.53%
2014-06-30	$786.89M	2.18%
2014-03-31	$770.13M	0.21%
2013-12-31	$768.53M	1.71%
2013-09-30	$755.64M	0.12%
2013-06-30	$754.72M	1.03%
2013-03-31	$747.03M	-1.51%
2012-12-31	$758.47M	1.38%
2012-09-30	$748.13M	-0.54%
2012-06-30	$752.16M	0.76%
2012-03-31	$746.50M	2.34%
2011-12-31	$729.44M	-5.52%
2011-09-30	$772.08M	1.21%
2011-06-30	$762.89M	-4.51%
2011-03-31	$798.95M	1.30%
2010-12-31	$788.68M	0.78%
2010-09-30	$782.57M	0.36%
2010-06-30	$779.79M	0.42%
2010-03-31	$776.51M	-0.36%
2009-12-31	$779.34M	1.89%
2009-09-30	$764.88M	2.53%
2009-06-30	$746.03M	3.14%
2009-03-31	$723.35M	-3.88%
2008-12-31	$752.55M	-4.05%
2008-09-30	$784.34M	2.01%
2008-06-30	$768.86M	-

Iron Mountain generated $1.56B in revenue during Q3 2024, up 1.50% compared to the previous quarter, and up 114.69% compared to the same period a year ago.

Iron Mountain Revenue Breakdown

Iron Mountain Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Records Management	$3.77B	-	-	-	-
Global Records and Information Management Business	$4.66B	$4.30B	$3.98B	$3.70B	-
Data Management	$520.19M	-	-	-	-
Global Data Center Business	$495.03M	$326.90M	$279.31M	-	-
Information Destruction	$693.42M	-	-	-	-
Corporate and Other	-	$407.33M	$188.47M	$168.68M	-
Service	-	-	-	-	$603.27M

Iron Mountain's latest annual revenue breakdown by segment (product or service), as of Dec 23: Global Records and Information Management Business (45.96%), Records Management (37.19%), Information Destruction (6.84%), Data Management (5.13%), and Global Data Center Business (4.88%).

Quarterly Revenue by Product

Product/Service	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
Global Data Center Business	$153.21M	$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	$1.26B	$1.25B	$1.09B	$1.07B	$1.04B	$1.02B	$995.58M	$992.93M	$967.29M	$943.99M	$921.77M	$877.10M	$956.42M	-	-	-	-	-	-	-
Information Destruction	-	-	$225.15M	$523.48M	$169.93M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Data Center	-	-	$143.94M	$127.53M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Records Management	-	-	$975.72M	$2.81B	$962.52M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Data Management	-	-	$132.05M	$392.00M	$128.19M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Service	-	-	-	-	-	$527.18M	$504.26M	$159.10M	$143.32M	-	-	-	-	-	-	-	-	-	-	-
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

Iron Mountain's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Global Records and Information Management Business (89.16%), and Global Data Center Business (10.84%).

Iron Mountain Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
AUSTRALIA	$143.81M	$144.84M	$148.43M	$133.81M	$143.51M
UNITED KINGDOM	$393.92M	-	-	-	-
CANADA	$279.32M	$270.84M	$252.38M	$224.86M	$243.03M
UNITED STATES	$3.51B	$3.26B	$2.71B	$2.58B	$2.63B

Iron Mountain's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (81.10%), UNITED KINGDOM (9.11%), CANADA (6.46%), and AUSTRALIA (3.33%).

Quarterly Revenue by Country

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

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

Ticker	Company	Last Year Revenue	Last Quarter Revenue
AMT	American Tower	$11.14B	$1.85B
EQIX	Equinix	$8.19B	$2.20B
CCI	Crown Castle	$6.98B	$1.65B
IRM	Iron Mountain	$5.48B	$1.56B
DLR	Digital Realty Trust	$5.48B	$213.34M
SBAC	SBA Communications	$2.71B	$667.60M
HASI	Hannon Armstrong Sustainable Infrastructure Capital	$319.87M	$81.97B
GLPI	Gaming and Leisure Properties	-	$334.48M

IRM Revenue FAQ

What is Iron Mountain’s yearly revenue?

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.

What is Iron Mountain’s quarterly revenue?

Iron Mountain's quarterly revenue for Q3 2024 was $1.56B, a 1.50% increase from the previous quarter (Q2 2024), and a 12.19% increase year-over-year (Q3 2023). The company'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). IRM'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).

What is Iron Mountain’s revenue growth rate?

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%.

What are Iron Mountain’s revenue streams?

Iron Mountain's revenue streams in c 23 are Records Management, Global Records and Information Management Business, Data Management, Global Data Center Business, and Information Destruction. Records Management generated $3.77B in revenue, accounting 37.19% of the company's total revenue Global Records and Information Management Business generated $4.66B in revenue, accounting 45.96% of the company's total revenue, up 8.54% year-over-year. Data Management generated $520.19M in revenue, accounting 5.13% of the company's total revenue Global Data Center Business generated $495.03M in revenue, accounting 4.88% of the company's total revenue, up 51.43% year-over-year. Information Destruction generated $693.42M in revenue, accounting 6.84% of the company's total revenue

What is Iron Mountain’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Iron Mountain was Global Records and Information Management Business. This segment made a revenue of $4.66B, representing 45.96% of the company's total revenue.