Iron Mountain vs TeraWulf

Both are primarily Data Center Operators (Colo) companies. Iron Mountain is larger by market cap ($33.8B vs $7.7B). Iron Mountain reports higher tracked revenue ($6.9B vs $168M).

Shared segment: AI & Data Center.

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Side-by-side

Iron MountainTeraWulf
Market cap$33.8B$7.7B
Revenue$6.9B (FY2025)$168M (FY2025)
Primary segmentData Center Operators (Colo)Data Center Operators (Colo)
Market positionmajorniche
CountryUnited StatesUnited States
Tracked suppliers44
Tracked customers55
Chokepoint / criticality8/1006/100

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 Iron Mountain and TeraWulf 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 6/100).
  • Footprint: Iron Mountain (United States) vs TeraWulf (United States).

Company hubs

Iron Mountain · TeraWulf · AI & Data Center segment

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Cite as: wafergraph, “Iron Mountain vs TeraWulf”, https://wafergraph.com/compare/iron_mountain-vs-terawulf (data as of 2026-10-04).

Frequently asked questions3
Is Iron Mountain bigger than TeraWulf?
Iron Mountain is larger by market cap ($33.8B vs $7.7B).
What's the difference between Iron Mountain and TeraWulf?
Iron Mountain is a major in Data Center Operators (Colo) based in United States; TeraWulf is a niche in Data Center Operators (Colo) based in United States. Both operate in the AI & Data Center segment.
Who are Iron Mountain's and TeraWulf's suppliers?
wafergraph tracks 4 suppliers for Iron Mountain and 4 for TeraWulf.