IREN vs Iron Mountain
Both are primarily Data Center Operators (Colo) companies. Iron Mountain is larger by market cap ($33.8B vs $16.5B). Iron Mountain reports higher tracked revenue ($6.9B vs $707M).
Shared segment: AI & Data Center.
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Side-by-side
| IREN | Iron Mountain | |
|---|---|---|
| Market cap | $16.5B | $33.8B |
| Revenue | $707M (FY2026) | $6.9B (FY2025) |
| Primary segment | Data Center Operators (Colo) | Data Center Operators (Colo) |
| Market position | challenger | major |
| Country | Australia | United States |
| Tracked suppliers | 7 | 4 |
| Tracked customers | 5 | 5 |
| Chokepoint / criticality | 7/100 | 8/100 |
Market caps/revenue from the wafergraph dataset · data as of 2026-10-04. Criticality is a graph-derived chokepoint score (0–100). Coverage is partial; "Unpriced" means no reliable market cap.
How IREN and Iron Mountain compare
- Size: Iron Mountain is the larger company by market cap.
- Revenue: Iron Mountain reports higher tracked revenue.
- Supply-chain criticality: Iron Mountain has the higher chokepoint score (8/100 vs 7/100).
- Footprint: IREN (Australia) vs Iron Mountain (United States).
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Cite as: wafergraph, “IREN vs Iron Mountain”, https://wafergraph.com/compare/iren-vs-iron_mountain (data as of 2026-10-04).
Frequently asked questions3
- Is IREN bigger than Iron Mountain?
- Iron Mountain is larger by market cap ($33.8B vs $16.5B).
- What's the difference between IREN and Iron Mountain?
- IREN is a challenger in Data Center Operators (Colo) based in Australia; Iron Mountain is a major in Data Center Operators (Colo) based in United States. Both operate in the AI & Data Center segment.
- Who are IREN's and Iron Mountain's suppliers?
- wafergraph tracks 7 suppliers for IREN and 4 for Iron Mountain.