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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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TTENK/calls
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Home›IRM›Financials
Annual statements · SEC XBRL · FY2016 – FY2025

IRON MOUNTAIN INC (IRM) financials

Income statement

IRON MOUNTAIN INC (IRM) income statement, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$3.51B$3.85B$1.60B$1.58B$4.15B$4.49B$5.10B$5.48B$6.15B$6.90B
Revenue growth—9.5%-58.3%-1.4%162.2%8.3%13.6%7.4%12.2%12.2%
Operating income$502M$634M$808M$781M$935M$854M$1.05B$922M$1.01B$1.16B
Operating margin14.3%16.5%50.4%49.4%22.5%19.0%20.6%16.8%16.4%16.9%
Net income$107M$172M$355M$268M$343M$453M$562M$187M$184M$152M
Net margin3.1%4.5%22.1%17.0%8.3%10.1%11.0%3.4%3.0%2.2%
EPS (diluted)$0.42$0.64$1.23$0.93$1.19$1.55$1.90$0.63$0.61$0.49

Cash flow

IRON MOUNTAIN INC (IRM) cash flow, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$544M$721M$936M$967M$988M$759M$928M$1.11B$1.20B$1.34B
Capital expenditures$329M$343M$460M$693M$438M$611M$875M$1.34B$1.79B$2.27B
Free cash flow$215M$378M$475M$274M$549M$148M$52.3M-$226M-$595M-$932M
Dividends paid$506M$440M$674M$705M$716M$718M$724M$738M$790M$919M

Balance sheet

IRON MOUNTAIN INC (IRM) balance sheet, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$236M$926M$165M$194M$205M$256M$142M$223M$156M$159M
Total assets$9.49B$11.0B$11.9B$13.8B$14.1B$14.5B$16.1B$17.5B$18.7B$21.1B
Long-term debt$6.08B$6.90B$8.02B$8.28B$8.51B$8.96B$10.5B$11.8B$13.0B$16.2B
Shareholders' equity$1.94B$2.30B$1.86B$1.46B$1.14B$856M$637M$212M-$503M-$981M
Shares (wtd avg diluted)247M267M287M288M289M291M292M294M296M298M

Every figure is extracted from IRON MOUNTAIN INC’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is IRON MOUNTAIN INC's annual revenue?
IRON MOUNTAIN INC (IRM) reported $6.90B of revenue for fiscal year 2025 — up 12.2% from $6.15B in FY2024, per its annual report filed with the SEC.
Is IRON MOUNTAIN INC profitable?
Yes — IRM earned $152M of net income in FY2025, a 2.2% net margin, per SEC filings.
What is IRON MOUNTAIN INC's free cash flow?
-$932M in FY2025 (operating cash flow $1.34B minus $2.27B of capital expenditures), from the SEC cash-flow statement.
Does IRM pay a dividend?
Yes — IRON MOUNTAIN INC paid $919M in cash dividends during FY2025, per its SEC cash-flow statement.
Full IRM analysis — verdict, score & filings →Is IRM a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.