Gross Profit for Iron Mountain (IRM)
According to Iron Mountain's latest reported financial statements, the company's current gross profit (TTM) is $3.82B USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingGross ProfitSwitch metric
TTM (last 4 quarters)
$3.82B
YoY change
-48.6%
5Y CAGR
-5.8%
Peak year (2024)
$3.45B
Cumulative gross profit
$47.10B
Gross Profit history chart for Iron Mountain (IRM) from 1996 to 2025
Gross Profit history table for Iron Mountain (IRM) from 1996 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY |
|---|---|---|---|---|
| 2025 | $1.77B | -48.6% | ||
| 2024 | $3.45B | +10.6% | ||
| 2023 | $3.12B | +7.1% | ||
| 2022 | $2.91B | +11.9% | ||
| 2021 | $2.60B | +9.0% | ||
| 2020 | $2.39B | -1.6% | ||
| 2019 | $2.43B | +0.2% | ||
| 2018 | $2.42B | +12.2% | ||
| 2017 | $2.16B | +11.1% | ||
| 2016 | $1.94B | +13.1% | ||
| 2015 | $1.72B | -3.1% | ||
| 2014 | $1.77B | +2.1% | ||
| 2013 | $1.74B | +0.5% | ||
| 2012 | $1.73B | -2.3% | ||
| 2011 | $1.77B | +3.3% | ||
| 2010 | $1.71B | -1.7% | ||
| 2009 | $1.74B | +4.1% | ||
| 2008 | $1.67B | +13.8% | ||
| 2007 | $1.47B | +15.2% | ||
| 2006 | $1.28B | +11.9% | ||
| 2005 | $1.14B | +14.7% | ||
| 2004 | $993.69M | +21.1% | ||
| 2003 | $820.58M | +17.9% | ||
| 2002 | $696.20M | +14.3% | ||
| 2001 | $609.18M | +20.3% | ||
| 2000 | $506.19M | +94.2% | ||
| 1999 | $260.60M | +122.2% | ||
| 1998 | $117.30M | +41.8% | ||
| 1997 | $82.70M | +48.0% | ||
| 1996 | $55.88M | — |
Gross Profit values are taken from Iron Mountain's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, Iron Mountain (IRM) reported gross profit of $1.77B – plunged 48.6% year-over-year.
Iron Mountain gross profit compound annual growth for the 2020–2025 (5 years) window is -5.8%, with a net decline across the window.
Between 2024 and 2025, Iron Mountain gross profit plunged 48.6%, falling from $3.45B to $1.77B.
Across the available history, gross profit reached its high of $3.45B in 2024 and its low of $55.88M in 1996.
Within Real Estate, Iron Mountain (IRM) ranks 8th among 8 peers we track. The peer median for gross profit is $4.96B.
Iron Mountain Gross Profit by Year
Iron Mountain Gross Profit 2025: $1.77B
Iron Mountain gross profit in 2025 was $1.77B, plunged 48.6% below 2024.
Iron Mountain Gross Profit 2024: $3.45B
Iron Mountain gross profit in 2024 was $3.45B, grew 10.6% from 2023. This figure represents the highest annual value in the available history.
Iron Mountain Gross Profit 2023: $3.12B
Iron Mountain gross profit in 2023 was $3.12B, grew 7.1% from 2022.
Iron Mountain Gross Profit 2022: $2.91B
Iron Mountain gross profit in 2022 was $2.91B, grew 11.9% from 2021.
Iron Mountain Gross Profit 2021: $2.60B
Iron Mountain gross profit in 2021 was $2.60B.
See more financial history for Iron Mountain (IRM).
Sector peers — Gross Profit
Companies in the same sector as Iron Mountain, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| American Tower Corporation (AMT) | $7.84B | Real Estate |
| Simon Property Group, Inc. (SPG) | $5.46B | Real Estate |
| Prologis, Inc. (PLD) | $5.24B | Real Estate |
| Realty Income Corporation (O) | $5.16B | Real Estate |
| Equinix, Inc. (EQIX) | $4.75B | Real Estate |
| Welltower Inc. (WELL) | $4.18B | Real Estate |
| Digital Realty Trust, Inc. (DLR) | $3.39B | Real Estate |
| Public Storage (PSA) | $1.20B | Real Estate |
Frequently asked questions
What is Iron Mountain's gross profit?
- Latest reported gross profit for Iron Mountain (IRM) is $3.82B (period ending December 31, 2025).
How has Iron Mountain gross profit changed year-over-year?
- Iron Mountain (IRM) gross profit changed -48.6% year-over-year on the latest annual filing.
What is the long-term growth rate of Iron Mountain gross profit?
- Iron Mountain (IRM) gross profit compound annual growth rate is -5.8% over the most recent 5 years available.
When did Iron Mountain gross profit hit its highest annual value?
- Iron Mountain gross profit reached its highest annual value of $3.45B in 2024.
What was Iron Mountain gross profit in 2024?
- Iron Mountain (IRM) gross profit in 2024 was $3.45B.
What was Iron Mountain gross profit in 2025?
- Iron Mountain (IRM) gross profit in 2025 was $1.77B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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