Filing Flows › Iron Mountain (IRM) › Operating margin
Iron Mountain (IRM) operating margin by quarter
Iron Mountain's operating margin was 20.6% in Q3 2026 (third quarter 2026), +2.2 pts from Q2 2026. Over the last 6 quarters it ranged from 16.0% (Q1 2025) to 20.6% (Q3 2026).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 20.6% | +2.2 pts | +3.0 pts |
| Q2 2026 | 18.4% | -2.0 pts | — |
| Q1 2026 | 20.4% | +1.9 pts | +4.4 pts |
| Q4 2025 | 18.5% | +0.9 pts | — |
| Q3 2025 | 17.6% | +1.6 pts | — |
| Q1 2025 | 16.0% | — | — |
Q3 2026 at a glance
Iron Mountain, Q3 2026: revenue $2.0B (+14% year over year), operating margin 20.6%, net earnings $124M, operating cash flow $316M. The chart follows the revenue to costs, profit and cash.
Questions
What is Iron Mountain's operating margin?
Iron Mountain's operating margin was 20.6% in Q3 2026 (third quarter 2026), +2.2 pts from Q2 2026.
How has Iron Mountain's operating margin changed?
Over the last 6 quarters it ranged from 16.0% (Q1 2025) to 20.6% (Q3 2026).