Iron Mountain Q3 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
- Jul 1 – Sep 30, 2025
- Reported
- Nov 5, 2025
Revenue$1.75B
+13% year over year
Gross profit$0.96B
55% margin
Operating profit$0.31B
18% margin
Net profit$0.09B
5% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 1.75 | 100% | +13% |
| Records management | 1.10 | 63% | +7% |
| Information destruction | 0.31 | 18% | +28% |
| Data center | 0.20 | 11% | +33% |
| Data management | 0.13 | 8% | +5% |
| Cost of revenue | −0.79 | 45% | |
| Gross profit | 0.96 | 55% margin | −2pp |
| SG&A | −0.34 | 19% | −3pp |
| Other | −0.32 | 18% | +0pp |
| Operating profit | 0.31 | 18% margin | +1pp |
| Interest & other costs | −0.21 | ||
| Tax | −0.02 | ||
| Net profit | 0.09 | 5% margin | +7pp |
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