Iron Mountain Incorporated (IRM)

Records storage and data centers. Read October 3, 2026 from the annual report for the period ending December 31, 2025, filed February 12, 2026. Ranked 3 of the 4 Real Estate companies read so far, by the share within reach now.

The filing states approximately 11,700 employees in the United States and 17,700 outside, with no count by segment, so records management and data centers take their shares of revenue (c).

The figures on this page come from the company's own annual report and from BLS staffing patterns for its industries, never from a roster. They are estimates with a stated method. Nothing here says what the company will do: within reach is not a forecast of jobs lost or of savings.

What follows from the reading

Share of working time within reach of AI, on the long-run pace at four in five: 18% now, 25% at the end of 2027, 28% at the end of 2028, 29% at the end of 2030. By the patterns, the work is about 29% desk work, 10% people work and 61% body work. These are the site's industry estimates weighted by the shares below: estimates with a stated method and range, not a forecast of what the company will do. By the same patterns, at the end of 2028 about 71% of the working time stays with people (conversation, in-person and hands-on work), 18% becomes checking a model's work and 9% could be handed over with lighter checks, from the industries' own figures, not the company's roles.

Headcount

29,400 employees as of December 31, 2025 (sum of stated parts). Approximately 11,700 of 29,400 employees are in the United States and 17,700 outside it.

The filing: “HUMAN CAPITAL MANAGEMENT EMPLOYEES As of December 31, 2025, we employed approximately 11,700 employees in the United States and approximately 17,700 employees outside of the United States.”

The workforce as industry patterns

What the filing says about the workforce: Approximately 11,700 employees in the United States and 17,700 outside, summed under rule 2; about 400 union-represented in North America and 1,100 in Latin America.

Companies read with the same leading pattern

Other companies whose largest staffing pattern is also Warehousing and Storage, largest first, each read from its own annual report. Within reach now and at the end of 2028, long-run pace, four in five.

• Amazon (AMZN, 1,576,000 employees)19% now, 33% by 2028
• Coupang, Inc. (CPNG, 108,000 employees)17% now, 21% by 2028
• GXO Logistics, Inc. (GXO, 105,000 employees)17% now, 22% by 2028
• Ryder System, Inc. (R, 51,600 employees)18% now, 23% by 2028

What the filing says about AI

14 sentences in the filing name AI. The filing names AI as a technology to incorporate in its growth plan, describes AI agents in the 2.0 release of its digital platform and machine learning in its consumer storage business.

• “In addition, important factors that could cause actual results to differ from expectations include, among others: our ability or inability to execute our strategic growth plan, including our ability to invest according to plan, grow our businesses (including through joint ventures or other co-investment vehicles), incorporate alternative technologies (including artificial intelligence ("AI") )...”
• “In October 2025, we launched version 2.0 of DXP, which offers enhanced content management and smart document processing, an easy-to-use secure platform with workflow tools and AI agents, allowing customers to make faster and more insightful decisions as well as eliminate obsolete and duplicative data to save costs.”
• “Consumer Storage, provides on-demand, valet storage for consumers ("Consumer Storage") utilizing data analytics and machine learning to provide effective customer acquisition and a convenient and seamless consumer storage experience. 2 IRON MOUNTAIN 2025 FORM 10-K Table of Contents Part I GLOBAL DATA CENTER BUSINESS The Global Data Center Business segment provides enterprise-class data center f...”
• “Finally, emerging AI technology, such as AI and generative AI systems, have become subject to regulation under new laws and new applications of prior existing laws which require additional resources and increase compliance risks as we integrate AI into our services.”
• “Recent developments in the cybersecurity threat landscape include the use of AI and machine learning, as well as an increased number of cyber extortion and ransomware attacks.”

Its annual reports, year by year

Sentences naming AI in each annual report, counted by one rule, beside the median report in the Index that year. Each count links its filing. Every company, by year and sector

• Fiscal 20212median 0
• Fiscal 20222median 0
• Fiscal 20234median 1
• Fiscal 20246median 4
• Fiscal 202514median 10

Headcount by filing year

As reported in each year's annual report, with the filing. A year marked not read had no figure the reading could take from the report's text.

Limits of this reading

• The headcount is the sum of the stated U.S. and non-U.S. counts (rule 2); the collector's pick was the non-U.S. count alone.
• Shares by segment revenue (c): the filing counts no employees by segment.

Source: the company's annual report on EDGAR, accession 0001020569-26-000013, the filing. Read by Claude Fable 5.1 under rubric version 1, by the method. A company can write to info@stratussc.com to have its reading checked against its filing.