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Side-by-side financial comparison of ACUITY INC. (DE) (AYI) and Iron Mountain (IRM). Click either name above to swap in a different company.

Iron Mountain is the larger business by last-quarter revenue ($1.8B vs $1.1B, roughly 1.6× ACUITY INC. (DE)). ACUITY INC. (DE) runs the higher net margin — 10.5% vs 5.1%, a 5.5% gap on every dollar of revenue. On growth, ACUITY INC. (DE) posted the faster year-over-year revenue change (20.2% vs 16.6%). ACUITY INC. (DE) produced more free cash flow last quarter ($114.8M vs $-16.2M). Over the past eight quarters, ACUITY INC. (DE)'s revenue compounded faster (12.4% CAGR vs 11.7%).

Squarespace, Inc. is an American website building and hosting company based in New York City. It provides software as a service for website building and hosting, and allows users to use pre-built website templates and drag-and-drop elements to create and modify webpages.

Iron Mountain Inc. is an American enterprise information management services company founded in 1951 and headquartered in Portsmouth, New Hampshire. Its records management, information destruction, and data backup and recovery services are supplied to more than 220,000 customers in 58 countries throughout North America, Europe, Latin America, Africa, Asia, and Oceania.

AYI vs IRM — Head-to-Head

Bigger by revenue
IRM
IRM
1.6× larger
IRM
$1.8B
$1.1B
AYI
Growing faster (revenue YoY)
AYI
AYI
+3.6% gap
AYI
20.2%
16.6%
IRM
Higher net margin
AYI
AYI
5.5% more per $
AYI
10.5%
5.1%
IRM
More free cash flow
AYI
AYI
$131.0M more FCF
AYI
$114.8M
$-16.2M
IRM
Faster 2-yr revenue CAGR
AYI
AYI
Annualised
AYI
12.4%
11.7%
IRM

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
AYI
AYI
IRM
IRM
Revenue
$1.1B
$1.8B
Net Profit
$120.5M
$93.1M
Gross Margin
48.4%
Operating Margin
14.0%
18.5%
Net Margin
10.5%
5.1%
Revenue YoY
20.2%
16.6%
Net Profit YoY
12.9%
-11.9%
EPS (diluted)
$3.82
$0.31

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AYI
AYI
IRM
IRM
Q4 25
$1.1B
$1.8B
Q3 25
$1.2B
$1.8B
Q2 25
$1.2B
$1.7B
Q1 25
$1.0B
$1.6B
Q4 24
$951.6M
$1.6B
Q3 24
$1.0B
$1.6B
Q2 24
$968.1M
$1.5B
Q1 24
$905.9M
$1.5B
Net Profit
AYI
AYI
IRM
IRM
Q4 25
$120.5M
$93.1M
Q3 25
$114.0M
$86.2M
Q2 25
$98.4M
$-43.3M
Q1 25
$77.5M
$16.2M
Q4 24
$106.7M
$105.7M
Q3 24
$118.9M
$-33.7M
Q2 24
$113.9M
$34.6M
Q1 24
$89.2M
$77.0M
Gross Margin
AYI
AYI
IRM
IRM
Q4 25
48.4%
Q3 25
48.9%
Q2 25
48.4%
Q1 25
46.5%
Q4 24
47.2%
Q3 24
47.3%
Q2 24
46.7%
Q1 24
45.5%
Operating Margin
AYI
AYI
IRM
IRM
Q4 25
14.0%
18.5%
Q3 25
14.9%
17.6%
Q2 25
11.9%
15.2%
Q1 25
11.0%
16.0%
Q4 24
14.0%
17.9%
Q3 24
15.2%
16.1%
Q2 24
15.0%
15.0%
Q1 24
13.0%
16.6%
Net Margin
AYI
AYI
IRM
IRM
Q4 25
10.5%
5.1%
Q3 25
9.4%
4.9%
Q2 25
8.3%
-2.5%
Q1 25
7.7%
1.0%
Q4 24
11.2%
6.7%
Q3 24
11.5%
-2.2%
Q2 24
11.8%
2.3%
Q1 24
9.8%
5.2%
EPS (diluted)
AYI
AYI
IRM
IRM
Q4 25
$3.82
$0.31
Q3 25
$3.61
$0.28
Q2 25
$3.12
$-0.15
Q1 25
$2.45
$0.05
Q4 24
$3.35
$0.35
Q3 24
$3.77
$-0.11
Q2 24
$3.62
$0.12
Q1 24
$2.84
$0.25

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AYI
AYI
IRM
IRM
Cash + ST InvestmentsLiquidity on hand
$376.1M
$158.5M
Total DebtLower is stronger
$16.2B
Stockholders' EquityBook value
$2.8B
$-981.0M
Total Assets
$4.7B
$21.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AYI
AYI
IRM
IRM
Q4 25
$376.1M
$158.5M
Q3 25
$422.5M
Q2 25
$371.8M
Q1 25
$397.9M
Q4 24
$935.6M
$155.7M
Q3 24
$845.8M
Q2 24
$699.0M
Q1 24
$578.9M
Total Debt
AYI
AYI
IRM
IRM
Q4 25
$16.2B
Q3 25
$15.5B
Q2 25
$14.8B
Q1 25
$14.2B
Q4 24
$13.0B
Q3 24
$13.2B
Q2 24
$12.8B
Q1 24
$12.6B
Stockholders' Equity
AYI
AYI
IRM
IRM
Q4 25
$2.8B
$-981.0M
Q3 25
$2.7B
$-882.0M
Q2 25
$2.6B
$-767.4M
Q1 25
$2.5B
$-698.5M
Q4 24
$2.5B
$-503.1M
Q3 24
$2.4B
$-259.0M
Q2 24
$2.3B
$-132.9M
Q1 24
$2.1B
$18.5M
Total Assets
AYI
AYI
IRM
IRM
Q4 25
$4.7B
$21.1B
Q3 25
$4.8B
$20.6B
Q2 25
$4.6B
$20.2B
Q1 25
$4.6B
$19.4B
Q4 24
$3.9B
$18.7B
Q3 24
$3.8B
$18.5B
Q2 24
$3.6B
$18.0B
Q1 24
$3.5B
$17.8B
Debt / Equity
AYI
AYI
IRM
IRM
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
679.18×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AYI
AYI
IRM
IRM
Operating Cash FlowLast quarter
$140.8M
$500.0M
Free Cash FlowOCF − Capex
$114.8M
$-16.2M
FCF MarginFCF / Revenue
10.0%
-0.9%
Capex IntensityCapex / Revenue
2.3%
28.0%
Cash ConversionOCF / Net Profit
1.17×
5.37×
TTM Free Cash FlowTrailing 4 quarters
$534.5M
$-931.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AYI
AYI
IRM
IRM
Q4 25
$140.8M
$500.0M
Q3 25
$202.5M
$267.6M
Q2 25
$207.3M
$375.1M
Q1 25
$59.4M
$197.3M
Q4 24
$132.2M
$431.6M
Q3 24
$174.1M
$252.9M
Q2 24
$152.5M
$382.2M
Q1 24
$102.6M
$130.0M
Free Cash Flow
AYI
AYI
IRM
IRM
Q4 25
$114.8M
$-16.2M
Q3 25
$177.7M
$-256.3M
Q2 25
$192.3M
$-181.6M
Q1 25
$49.7M
$-477.5M
Q4 24
$113.3M
$-186.0M
Q3 24
$151.1M
$-143.2M
Q2 24
$140.5M
$-14.6M
Q1 24
$88.2M
$-251.1M
FCF Margin
AYI
AYI
IRM
IRM
Q4 25
10.0%
-0.9%
Q3 25
14.7%
-14.6%
Q2 25
16.3%
-10.6%
Q1 25
4.9%
-30.0%
Q4 24
11.9%
-11.8%
Q3 24
14.6%
-9.2%
Q2 24
14.5%
-1.0%
Q1 24
9.7%
-17.0%
Capex Intensity
AYI
AYI
IRM
IRM
Q4 25
2.3%
28.0%
Q3 25
2.1%
29.9%
Q2 25
1.3%
32.5%
Q1 25
1.0%
42.4%
Q4 24
2.0%
39.1%
Q3 24
2.2%
25.4%
Q2 24
1.2%
25.9%
Q1 24
1.6%
25.8%
Cash Conversion
AYI
AYI
IRM
IRM
Q4 25
1.17×
5.37×
Q3 25
1.78×
3.10×
Q2 25
2.11×
Q1 25
0.77×
12.15×
Q4 24
1.24×
4.08×
Q3 24
1.46×
Q2 24
1.34×
11.04×
Q1 24
1.15×
1.69×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AYI
AYI

Sales Channel Through Independent Sales Network$616.7M54%
Acuity Intelligent Spaces$248.1M22%
QSCLLC$95.1M8%
Sales Channel Through Direct Sales Network$70.6M6%
Sales Channel Through Original Equipment Manufacturer And Other$49.1M4%
Sales Channel Through Corporate Accounts Network$40.7M4%
Sales Channel Through Retail$40.3M4%

IRM
IRM

Storage Rental$1.1B58%
Services$781.9M42%

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