FINHUB Insights

IRM · Q3 FY25 · Jul 1 – Sep 30, 2025

Iron Mountain Q3 FY25: where the revenue came from and where it went

Iron Mountain Q3 FY25: revenue $1.8B (+13% year over year). Net profit $0.1B. Largest cohort Records Management $1.1B. The whole income statement as a sankey diagram from the SEC filing.

Period
Jul 1 – Sep 30, 2025
Reported
Nov 5, 2025 10-Q
Sankey diagram of Iron Mountain's income statement for Q3 FY25: revenue of $1.8 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$1.8B +13% year over year
Gross profit$1B 55% margin
Operating profit$0.3B 18% margin
Net profit$0.1B 5% margin

The numbers

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Sep 30, 2025).
ItemValueShare of revenueYear over year
Revenue 1.8 100% +13%
Records Management 1.1 61% +7%
Information Destruction 0.3 17% +28%
Data Center 0.2 11% +33%
Data Management 0.1 6% +5%
Cost of revenue−0.844%
Gross profit155% margin−2pp
SG&A−0.319%−3pp
Other−0.318%+0pp
Operating profit0.318% margin+1pp
Interest & other costs−0.2
Net profit0.15%+7pp

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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