FINHUB Insights

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 10-Q
Sankey diagram of Iron Mountain's income statement for Q2 FY25: revenue of $1.7 billion splits into segments and flows out into costs, taxes and net profit.

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

All figures in billions of U.S. dollars, for Q2 FY25 (period ends Jun 30, 2025).
ItemValueShare of revenueYear 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−0.847%
Gross profit156% margin+0pp
SG&A−0.423%+0pp
Other−0.318%+0pp
Operating profit0.315% margin+0pp
Interest & other costs−0.3
Net profit0-3%−5pp

Source of the numbers: structured XBRL data from the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

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