Iron Mountain Q2 FY25: where the revenue came from and where it went
The whole income statement of Iron Mountain for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Apr 1 – Jun 30, 2025
- Reported
- Aug 6, 2025
Revenue$1.71B
+12% year over year
Gross profit$0.96B
56% margin
Operating profit$0.26B
15% margin
Net profit−$0.04B
−3% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 1.71 | 100% | +12% |
| Records management | 1.10 | 64% | +8% |
| Information destruction | 0.30 | 18% | +26% |
| Data center | 0.19 | 11% | +24% |
| Data management | 0.12 | 7% | −5% |
| Cost of revenue | −0.76 | 44% | |
| Gross profit | 0.96 | 56% margin | +0pp |
| SG&A | −0.39 | 23% | +0pp |
| Other | −0.31 | 18% | +0pp |
| Operating profit | 0.26 | 15% margin | +0pp |
| Interest & other costs | −0.29 | ||
| Tax | −0.02 | ||
| Net profit | −0.04 | −3% margin | −5pp |
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