SequelSEC

IRON MOUNTAIN INC IRM

Real Estate Investment Trusts · CIK 0001020569 · Fiscal year ends 1231

Revenue
$6.90B
Fiscal year ended 2025-12-31
Operating income
$1.16B
Fiscal year ended 2025-12-31
Free cash flow
-$931.63M
Fiscal year ended 2025-12-31

IRON MOUNTAIN INC (IRM) reported revenue of $6.90B for the fiscal year ended 2025-12-31. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from IRON MOUNTAIN INC’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Real Estate Investment Trusts.

Income

IRON MOUNTAIN INC income by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Revenue$6.90B$6.15B$5.48B$5.10B$4.49B$4.15B$4.26B$4.23B$3.85B$3.51B
Cost of revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Gross profitUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Operating income$1.16B$1.01B$921.78M$1.05B$854.17M$934.78M$781.34M$808.27M$634.05M$501.61M
Net incomeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Research & developmentUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Weighted-average diluted sharesshares 297.82Mshares 296.23Mshares 293.96Mshares 292.44Mshares 290.98Mshares 288.64Mshares 287.69Mshares 286.65Mshares 266.84Mshares 247.27M
Pretax income$211.19M$244.54M$227.21M$631.64M$629.02M$372.70MUnavailableUnavailableUnavailableUnavailable
Income tax expense$58.93M$60.87M$39.94M$69.49M$176.29M$29.61M$59.93M$42.75M$22.96M$44.94M
Diluted EPS$0.49$0.61$0.63$1.90$1.55$1.19$0.93$1.23$0.64$0.42
Selling, general & administrative$1.39B$1.34B$1.24B$1.14B$1.02B$949.22M$991.66M$1.01B$937.18M$988.33M
General & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Selling & marketingUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Balance

IRON MOUNTAIN INC balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Cash & equivalents$158.54M$155.72M$222.79M$141.80M$255.83M$205.06M$193.56M$165.48M$925.70M$236.48M
Total assets$21.13B$18.72B$17.47B$16.14B$14.45B$14.15B$13.82B$11.86B$10.98B$9.49B
Current assets$1.93B$1.69B$1.74B$1.55B$1.44B$1.27B$1.24B$1.21B$1.95B$1.11B
Total liabilitiesUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Current liabilities$2.62B$3.09B$2.24B$1.92B$2.02B$2.00B$1.95B$1.49B$1.33B$1.05B
Total equity incl. NCI-$709.33M-$304.67M$211.77M$636.79M$857.07M$1.14B$1.46B$1.86B$2.29B$1.94B
Temporary (mezzanine) equity$64.42M$78.17M$177.95M$95.16M$72.41M$59.80M$67.68M$70.53M$91.42M$54.70M
InventoryUnavailableUnavailableUnavailable$11.73M$0UnavailableUnavailableUnavailableUnavailableUnavailable
Accounts receivable$1.44B$1.29B$1.26B$1.17B$961.42M$859.34M$850.70M$846.89M$835.74M$691.25M
Goodwill$5.29B$5.08B$5.02B$4.88B$4.46B$4.56B$4.49B$4.44B$4.07B$3.91B
Long-term debt$16.22B$13.00B$11.81B$10.48B$8.96B$8.51B$8.28B$8.02B$6.90B$6.08B
Accounts payable$710.66M$678.72M$539.59M$469.20M$369.14M$359.86M$324.71M$318.76M$289.14M$222.20M

Cash flow

IRON MOUNTAIN INC cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Operating cash flow$1.34B$1.20B$1.11B$927.70M$758.90M$987.66M$966.66M$935.55M$720.97M$543.90M
Capital expenditures$2.27B$1.79B$1.34B$875.38M$611.08M$438.26M$692.98M$460.06M$343.13M$328.60M
Investing cash flow-$2.57B-$2.14B-$1.44B-$1.66B-$473.31M-$85.44M-$730.88M-$2.22B-$599.45M-$535.99M
Financing cash flow$1.27B$876.74M$425.67M$639.21M-$220.81M-$886.70M-$198.97M$550.68M$540.42M$125.37M
Net change in cash$2.82M-$67.07M$80.99M-$114.03M$50.76M$11.51M$28.07M-$760.21M$689.22M$108.10M
Stock-based compensation$140.28M$118.14M$73.80M$56.86M$61.00M$37.67M$35.65M$31.17M$30.02M$28.98M
Common dividends paid$919.39M$789.53M$737.65M$724.39M$718.34M$716.29M$704.53M$673.64M$440.00M$505.87M
Common share repurchasesUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Depreciation & amortization$1.02B$900.90M$776.16M$727.60M$680.42M$652.07M$658.20M$639.51M$522.38M$452.33M

Derived

IRON MOUNTAIN INC derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Free cash flow-$931.63M-$594.86M-$225.66M$52.32M$147.82M$549.39M$273.67M$475.49M$377.84M$215.29M
Gross marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Operating margin16.9%16.4%16.8%20.6%19.0%22.5%18.3%19.1%16.5%14.3%
FCF margin-13.5%-9.7%-4.1%1.0%3.3%13.2%6.4%11.3%9.8%6.1%
SBC / revenue2.0%1.9%1.3%1.1%1.4%0.9%0.8%0.7%0.8%0.8%
Current ratio0.74x0.55x0.78x0.81x0.71x0.64x0.63x0.81x1.47x1.06x
Revenue YoY growth12.2%12.2%7.4%13.6%8.3%-2.7%0.9%9.9%9.5%Unavailable
Net marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
R&D / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
CapEx / revenue32.9%29.1%24.4%17.2%13.6%10.6%16.3%10.9%8.9%9.4%
Long-term debt / equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rate27.9%24.9%17.6%11.0%28.0%7.9%UnavailableUnavailableUnavailableUnavailable

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open IRM in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-05View SEC filing
10-Q · Filed 2026-04-30View SEC filing
10-K · Filed 2026-02-12View SEC filing
10-Q · Filed 2025-11-05View SEC filing
10-Q · Filed 2025-08-06View SEC filing
10-Q · Filed 2025-05-01View SEC filing

Companies in the same industry

Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.