IRM · Q2 FY25 · Apr 1 – Jun 30, 2025
Iron Mountain Q2 FY25: where the revenue came from and where it went
Iron Mountain Q2 FY25: revenue $1.7B (+12% year over year). Net profit $0B. Largest cohort Records Management $1.1B. The whole income statement as a sankey diagram from the SEC filing.
- Period
- Apr 1 – Jun 30, 2025
- Reported
- Aug 6, 2025
Tap the diagram to enlarge · figures in billions of dollars
Revenue$1.7B
+12% year over year
Gross profit$1B
56% margin
Operating profit$0.3B
15% margin
Net profit$0B
-3% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 1.7 | 100% | +12% |
| Records Management | 1.1 | 65% | +8% |
| Information Destruction | 0.3 | 18% | +26% |
| Data Center | 0.2 | 12% | +24% |
| Data Management | 0.1 | 6% | −5% |
| Cost of revenue | −0.8 | 47% | |
| Gross profit | 1 | 56% margin | +0pp |
| SG&A | −0.4 | 23% | +0pp |
| Other | −0.3 | 18% | +0pp |
| Operating profit | 0.3 | 15% margin | +0pp |
| Interest & other costs | −0.3 | ||
| Net profit | 0 | -3% | −5pp |
Older quarters
-
Q1 FY26 3/2026Revenue $1.9B Net margin 8%
-
Q4 FY25 12/2025Revenue $1.8B Net margin 5%
-
Q3 FY25 9/2025Revenue $1.8B Net margin 5%
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