Iron Mountain Incorporated (Delaware)Common Stock REIT (IRM) Financial Statements

Iron Mountain Incorporated (Delaware)Common Stock REIT

IRM · NYSE

	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Total Revenue	$6.90B	$6.15B	$5.48B	$5.10B	$4.49B	$4.15B	$1.58B	$1.60B
Selling, General & Administrative	$1.39B	$1.34B	$1.24B	$1.14B	$1.02B	$949.22M	$991.66M	$1.01B
Operating Expenses	$5.74B	$5.14B	$4.56B	$4.05B	$3.64B	$3.21B	$3.48B	$3.42B
Operating Income	$1.16B	$1.01B	$921.78M	$1.05B	$854.17M	$934.78M	$781.34M	$808.27M
Interest Expense	—	—	-$585.93M	-$488.01M	-$417.96M	-$418.54M	-$419.30M	-$409.65M
Other Income / (Expense)	-$123.30M	-$43.42M	-$108.64M	$69.78M	$192.80M	-$143.54M	-$33.90M	$11.69M
Income Before Taxes	$211.19M	$244.54M	$227.21M	$631.64M	$629.01M	$372.70M	—	—
Provision for Income Taxes	$58.93M	$60.87M	$39.94M	$69.49M	$176.29M	$29.61M	$59.93M	$42.75M
Net Income	$152.25M	$183.67M	$187.26M	$562.15M	$452.73M	$343.10M	$268.31M	$355.13M
Basic EPS	$0.49	$0.61	$0.63	$1.92	$1.56	$1.19	$0.93	$1.24
Diluted EPS	$0.49	$0.61	$0.63	$1.90	$1.55	$1.19	$0.93	$1.23
Basic Shares Outstanding	295.40M	293.37M	291.94M	290.81M	289.46M	288.18M	286.97M	285.91M
Diluted Shares Outstanding	297.82M	296.23M	293.96M	292.44M	290.98M	288.64M	287.69M	286.65M

Analyst Estimates

Period	Consensus EPS	Low	High	Estimates	Revisions
Dec 2026	$5.40	$5.39	$5.41	2	↑0 ↓0
Dec 2027	$5.97	$5.89	$6.06	2	↑0 ↓0

Forward estimates are the sell-side consensus reported by Nasdaq, not a metir forecast.

Symbol: IRM
Type: Stock
Sector: Real Estate
Industry: Real Estate Investment Trusts
Country: North America
Exchange: NYSE

Iron Mountain Incorporated (NYSE: IRM) is trusted by more than 240,000 customers in 61 countries, including approximately 95% of the Fortune 1000, to help unlock value and intelligence from their assets through services that transcend the physical and digital worlds. Our broad range of solutions address their information management, digital transformation, information security, data center and asset lifecycle management needs. Our longstanding commitment to safety, security, sustainability and innovation in support of our customers underpins everything we do.

Key Issues

Bullish view

Second-quarter AFFO increased to $432.7 million from $369.7 million, while normalized FFO rose 17.7% year over year and the company lifted 2026 guidance. That combination supports the view that operating momentum is translating into stronger cash generation.

Bearish view

The supplied evidence does not show the size or composition of the guidance increase, nor whether the second-quarter improvement is recurring. Investors may therefore question how much of the AFFO growth can persist.

Analyst Consensus

See all

Buy

9 analysts

$127

Current

—

Low

$140

Average

—

High

Average target implies +10.56% versus the current price.

Earnings History

BeatMissNo estimate

Peers

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