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
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
| Item | Value | Share of revenue | Year 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 | −0.8 | 44% | |
| Gross profit | 1 | 55% margin | −2pp |
| SG&A | −0.3 | 19% | −3pp |
| Other | −0.3 | 18% | +0pp |
| Operating profit | 0.3 | 18% margin | +1pp |
| Interest & other costs | −0.2 | ||
| Net profit | 0.1 | 5% | +7pp |
Older quarters
-
Q1 FY26 3/2026Revenue $1.9B Net margin 8%
-
Q4 FY25 12/2025Revenue $1.8B Net margin 5%
-
Q2 FY25 6/2025Revenue $1.7B Net margin -3%
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