Iron Mountain Incorporated (IRM) — Financial statements
Income statement, balance sheet, and cash flow for Iron Mountain Incorporated — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 6,902↑12.2% | 6,150↑12.2% | 5,480↑7.4% | 5,104↑13.6% | 4,492 | |
| Cost of Revenue | 5,128↑90.2% | 2,697↑14.4% | 2,358↑7.7% | 2,189↑16.0% | 1,887 | |
| Gross Profit | 1,773↓48.6% | 3,453↑10.6% | 3,122↑7.1% | 2,914↑11.9% | 2,604 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 1,016↑3.9% | 977↑11.9% | 873↑4.0% | 840↑10.5% | 760 | |
| Selling & Marketing Expenses | 378↑4.5% | 362↓0.2% | 363↑20.7% | 301↑14.7% | 262 | |
| SG&A Expenses | 1,394↑4.1% | 1,340↑8.4% | 1,236↑8.4% | 1,141↑11.5% | 1,023 | |
| Other Expenses | -1,026↓192.9% | 1,104↑14.5% | 964↑33.2% | 724↓0.5% | 728 | |
| Operating Expenses | 368↓84.9% | 2,444↑11.0% | 2,201↑18.0% | 1,865↑6.5% | 1,750 | |
| Total Costs & Expenses | 5,496↑6.9% | 5,140↑12.8% | 4,559↑12.5% | 4,054↑11.4% | 3,637 | |
| Operating Results | ||||||
| Operating Income | 1,406↑39.2% | 1,010↑9.5% | 922↓12.2% | 1,050↑22.9% | 854 | |
| Depreciation & Amortization | 1,024↑10.6% | 926↑16.8% | 793↑6.4% | 746↑7.0% | 697 | |
| EBITDA | 2,084↑9.3% | 1,907↑17.8% | 1,619↓13.6% | 1,874↑7.0% | 1,751 | |
| EBIT | 1,059↑8.0% | 981↑18.8% | 826↓26.8% | 1,128↑7.0% | 1,054 | |
| Interest & Other Income | ||||||
| Net Interest Income | -829↓14.9% | -722↓23.1% | -586↓20.1% | -488↓16.8% | -418 | |
| Interest Income | 0.00↓100.0% | 15↑17.6% | 12↑50.7% | 8↑12.7% | 7 | |
| Interest Expense | 829↑12.6% | 736↑23.0% | 598↑20.6% | 496↑16.7% | 425 | |
| Non-Operating Income | 346↑1104.4% | 29↓70.1% | 96↑223.2% | -78↑61.0% | -200 | |
| Other Income / Expenses | -1,194↓56.1% | -765↓10.1% | -695↓66.1% | -418↓85.8% | -225 | |
| Income Before Tax | 211↓13.6% | 245↑7.6% | 227↓64.0% | 632↑0.4% | 629 | |
| Income Tax Expense | 59↓3.2% | 61↑52.4% | 40↓42.5% | 69↓60.6% | 176 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 152↓17.1% | 184↓1.9% | 187↓66.7% | 562↑24.2% | 453 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 145↓19.7% | 180↓2.2% | 184↓66.9% | 557↑23.7% | 450 | |
| Bottom-Line Net Income | 145↓19.7% | 180↓2.2% | 184↓66.9% | 557↑23.7% | 450 | |
| EPS (Basic) | 0.49↓19.7% | 0.61↓3.2% | 0.63↓67.2% | 1.92↑23.1% | 1.56 | |
| EPS (Diluted) | 0.49↓19.7% | 0.61↓3.2% | 0.63↓66.8% | 1.90↑22.6% | 1.55 | |
| Weighted Average Shares | 295↑0.7% | 293↑0.5% | 292↑0.4% | 291↑0.5% | 289 | |
| Weighted Average Diluted Shares | 298↑0.5% | 296↑0.8% | 294↑0.5% | 292↑0.5% | 291 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.