Iron Mountain Incorporated (IRM) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Revenue | 1.94B | 1.84B | 1.75B | 1.71B | 1.59B | 1.58B | 1.56B | 1.53B | 1.48B | 1.42B | 1.39B | 1.36B | 1.31B | 1.28B | 1.29B | 1.29B | 1.25B | 1.16B | 1.13B | 1.12B |
| Revenue Growth % | 21.58% | 16.56% | 12.63% | 11.57% | 7.83% | 11.37% | 12.19% | 13% | 12.36% | 11.01% | 7.87% | 5.3% | 5.31% | 10.3% | 13.87% | 15.16% | 15.34% | 9.43% | 9.02% | 14% |
| Property Operating Expenses | 889.8M | 822.5M | 791.94M | 754.84M | 710.2M | 688.93M | 678.39M | 675.97M | 653.25M | 601.33M | 592.2M | 592.64M | 571.63M | 539.98M | 546.04M | 556.48M | 546.62M | 479.08M | 481.66M | 474.58M |
| Net Operating Income (NOI) | 1.05B | 1.02B | 962.15M | 957.11M | 882.33M | 892.35M | 878.97M | 858.44M | 823.61M | 818.5M | 795.97M | 765.29M | 742.72M | 739.07M | 740.9M | 733.06M | 701.42M | 680.51M | 648.49M | 645.18M |
| NOI Margin % | 54.04% | 55.38% | 54.85% | 55.91% | 55.4% | 56.43% | 56.44% | 55.95% | 55.77% | 57.65% | 57.34% | 56.36% | 56.51% | 57.78% | 57.57% | 56.85% | 56.2% | 58.69% | 57.38% | 57.62% |
| Operating Expenses | 651.12M | 679.62M | 653.57M | 697.22M | 628.03M | 609.91M | 627.8M | 628.14M | 577.99M | 587.74M | 558.14M | 552.77M | 502.06M | 490.87M | 455.14M | 439.28M | 479.29M | 484.11M | 467.05M | 339.25M |
| G&A Expenses | 372.76M | 338.46M | 335.25M | 390.46M | 329.74M | 333.31M | 341.93M | 344.84M | 319.46M | 314.93M | 315.03M | 311.81M | 294.52M | 279.16M | 285.3M | 295.39M | 280.72M | 262.46M | 241.6M | 259.78M |
| EBITDA | 587.36M | 653.01M | 570.79M | 520.26M | 494.3M | 542.63M | 483.4M | 460.94M | 461.28M | 447.56M | 428.5M | 415.99M | 422.76M | 456.89M | 462.69M | 481.1M | 405.75M | 386.23M | 356.25M | 472.61M |
| EBITDA Margin % | 30.34% | 35.43% | 32.54% | 30.39% | 31.04% | 34.32% | 31.04% | 30.04% | 31.23% | 31.52% | 30.87% | 30.63% | 32.16% | 35.72% | 35.95% | 37.31% | 32.51% | 33.31% | 31.52% | 42.21% |
| Depreciation & Amortization | 192.13M | 311.96M | 262.2M | 260.37M | 240.01M | 260.19M | 232.24M | 230.64M | 215.66M | 216.8M | 190.66M | 203.46M | 182.09M | 208.69M | 176.93M | 187.32M | 183.62M | 189.82M | 174.82M | 166.69M |
| D&A / Revenue % | 9.92% | 16.93% | 14.95% | 15.21% | 15.07% | 16.45% | 14.91% | 15.03% | 14.6% | 15.27% | 13.73% | 14.98% | 13.85% | 16.32% | 13.75% | 14.53% | 14.71% | 16.37% | 15.47% | 14.89% |
| Operating Income | 395.23M | 341.04M | 308.59M | 259.9M | 254.29M | 282.44M | 251.16M | 230.29M | 245.62M | 230.76M | 237.83M | 212.53M | 240.66M | 248.2M | 285.76M | 293.78M | 222.13M | 196.4M | 181.44M | 305.93M |
| Operating Margin % | 20.41% | 18.5% | 17.59% | 15.18% | 15.97% | 17.86% | 16.13% | 15.01% | 16.63% | 16.25% | 17.13% | 15.65% | 18.31% | 19.4% | 22.2% | 22.78% | 17.8% | 16.94% | 16.05% | 27.32% |
| Interest Expense | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Interest Coverage | 1.77x | 1.72x | 1.44x | 0.87x | 1.16x | 1.61x | 0.89x | 1.27x | 1.56x | 1.33x | 1.59x | 1.04x | 1.59x | 2.11x | 2.30x | 2.91x | 1.45x | 1.80x | 1.89x | 4.63x |
| Non-Operating Income | 0 | -63.65M | -3.99M | 77.44M | 25.02M | -46.54M | 85.41M | 5.83M | -16.19M | 28.29M | -11.07M | 60.66M | 18.29M | -39.87M | 5.23M | -41.22M | 55.9M | 5.73M | -18.5M | -186.23M |
| Pretax Income | 176.12M | 104.33M | 102.83M | -27.04M | 31.07M | 124.23M | -21.27M | 47.94M | 93.63M | 38.21M | 101.3M | 5.4M | 82.29M | 143.04M | 216.87M | 219.94M | 51.79M | 84.68M | 96.13M | 386.94M |
| Pretax Margin % | 9.1% | 5.66% | 5.86% | -1.58% | 1.95% | 7.86% | -1.37% | 3.12% | 6.34% | 2.69% | 7.3% | 0.4% | 6.26% | 11.18% | 16.85% | 17.06% | 4.15% | 7.3% | 8.51% | 34.56% |
| Income Tax | 27.12M | 11.21M | 16.59M | 16.3M | 14.84M | 18.54M | 12.4M | 13.32M | 16.61M | 9.02M | 9.91M | 4.25M | 16.76M | 17.39M | 23.93M | 18.08M | 10.08M | 23.22M | 28.02M | 110.42M |
| Effective Tax Rate % | 15.4% | 10.74% | 16.14% | -60.26% | 47.75% | 14.93% | -58.31% | 27.78% | 17.74% | 23.6% | 9.78% | 78.83% | 20.36% | 12.16% | 11.04% | 8.22% | 19.46% | 27.42% | 29.15% | 28.54% |
| Net Income | 143.66M | 89.27M | 84.29M | -44.92M | 15.95M | 103.93M | -33.62M | 35.78M | 74.06M | 28.48M | 91.04M | 114K | 64.59M | 122.44M | 192.16M | 200.08M | 42.3M | 61.65M | 67.68M | 275.29M |
| Net Margin % | 7.42% | 4.84% | 4.81% | -2.62% | 1% | 6.57% | -2.16% | 2.33% | 5.01% | 2.01% | 6.56% | 0.01% | 4.91% | 9.57% | 14.93% | 15.52% | 3.39% | 5.32% | 5.99% | 24.58% |
| Net Income Growth % | 800.61% | -14.11% | 350.71% | -225.54% | -78.46% | 264.9% | -136.93% | 31288.6% | 14.65% | -76.74% | -52.62% | -99.94% | 52.71% | 98.61% | 183.92% | -27.32% | -7.25% | -75.08% | 76.29% | 3984.91% |
| Funds From Operations (FFO) | 335.79M | 401.23M | 346.49M | 215.45M | 255.96M | 364.12M | 198.62M | 266.43M | 289.72M | 245.28M | 281.7M | 203.58M | 246.69M | 331.13M | 369.09M | 387.4M | 225.91M | 251.47M | 242.5M | 441.97M |
| FFO Margin % | 17.34% | 21.77% | 19.75% | 12.58% | 16.07% | 23.03% | 12.75% | 17.36% | 19.62% | 17.28% | 20.29% | 14.99% | 18.77% | 25.89% | 28.68% | 30.04% | 18.1% | 21.69% | 21.46% | 39.47% |
| FFO Growth % | 31.19% | 10.19% | 74.45% | -19.13% | -11.65% | 48.45% | -29.49% | 30.87% | 17.44% | -25.93% | -23.68% | -47.45% | 9.2% | 31.68% | 52.2% | -12.35% | 6.94% | -40.13% | 23.95% | 181.93% |
| FFO per Share | 1.12 | 1.34 | 1.16 | 0.73 | 0.86 | 1.23 | 0.68 | 0.90 | 0.98 | 0.83 | 0.96 | 0.69 | 0.84 | 1.13 | 1.26 | 1.32 | 0.77 | 0.86 | 0.83 | 1.52 |
| FFO Payout Ratio % | 82.07% | 57.87% | 66.95% | 107.57% | 87.31% | 57.68% | 96.06% | 71.58% | 68.35% | 77.45% | 64.11% | 88.69% | 75.61% | 54.46% | 48.73% | 46.43% | 81.61% | 71.35% | 73.85% | 40.46% |
| EPS (Diluted) | 0.48 | 0.30 | 0.28 | -0.15 | 0.05 | 0.35 | -0.11 | 0.12 | 0.25 | 0.10 | 0.31 | 0.00 | 0.22 | 0.42 | 0.66 | 0.68 | 0.14 | 0.21 | 0.23 | 0.95 |
| EPS Growth % | 785.61% | -14.29% | 354.55% | -225% | -78.32% | 262.69% | -135.48% | - | 13.64% | -77.02% | -53.03% | -99.94% | 57.14% | 100% | 186.96% | -28.42% | -12.5% | -75.58% | 76.92% | 3961.79% |
| EPS (Basic) | 0.48 | 0.30 | 0.28 | -0.15 | 0.05 | 0.35 | -0.11 | 0.12 | 0.25 | 0.10 | 0.31 | 0.00 | 0.22 | 0.42 | 0.66 | 0.69 | 0.15 | 0.21 | 0.23 | 0.95 |
| Diluted Shares Outstanding | 298.83M | 298.38M | 297.98M | 295.36M | 297.26M | 296.23M | 293.6M | 295.84M | 295.22M | 295.01M | 294.27M | 293.53M | 293.05M | 292.89M | 292.55M | 292.49M | 291.85M | 291.81M | 291.48M | 291.08M |