# IRON MOUNTAIN INC (IRM) FY2023 Annual P&L / Income Statement

- Company: IRON MOUNTAIN INC (IRM)
- Period: 2023-01-01 to 2023-12-31
- Filing: FY2023 10-K, filed 2024-02-22, accession number 0001020569-24-000040
- Page: https://plicit.ai/financials/irm/fy2023-annual-income-statement
- Chart image: https://plicit.ai/charts/irm-fy2023-annual-income-statement-sankey.png

## Chart details: Revenue by Product and Service (4 categories)

Income statement for 2023-01-01 through 2023-12-31. View: Product and service (4 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total Revenues**: 5,480,289,000 US dollars
- **Cost of revenue (calculated)**: 2,357,800,000 US dollars
- **Gross profit (calculated)**: 3,122,489,000 US dollars
- **Operating expenses (calculated)**: 2,200,711,000 US dollars
- **Operating Income (Loss)**: 921,778,000 US dollars
- **Other income (expense), net (calculated)**: negative 694,572,000 US dollars
- **Net Income (Loss) Before Provision (Benefit) for Income Taxes**: 227,206,000 US dollars
- **Provision (Benefit) for Income Taxes**: 39,943,000 US dollars
- **Net Income (Loss)**: 187,263,000 US dollars
- **Records management**: 3,771,653,000 US dollars
- **Data management**: 520,194,000 US dollars
- **Information destruction**: 693,416,000 US dollars
- **Data Center**: 495,026,000 US dollars
- **Cost of sales (excluding depreciation and amortization)**: 2,357,800,000 US dollars
- **Selling, general and administrative**: 1,236,287,000 US dollars
- **Acquisition and Integration Costs**: 25,875,000 US dollars
- **Depreciation and amortization**: 776,159,000 US dollars
- **(Gain) loss on disposal/write-down of property, plant and equipment, net**: negative 12,825,000 US dollars
- **Restructuring and other transformation**: 175,215,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
- Of which attributable to IRON MOUNTAIN INC: $184.23 M; to noncontrolling interests: $3.03 M.

## Chart details: Revenue by Business Segment

- Page: https://plicit.ai/financials/irm/fy2023-annual-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/irm-fy2023-annual-revenue-by-business-segment-sankey.png

Income statement for 2023-01-01 through 2023-12-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total Revenues**: 5,480,289,000 US dollars
- **Cost of revenue (calculated)**: 2,357,800,000 US dollars
- **Gross profit (calculated)**: 3,122,489,000 US dollars
- **Operating expenses (calculated)**: 2,200,711,000 US dollars
- **Operating Income (Loss)**: 921,778,000 US dollars
- **Other income (expense), net (calculated)**: negative 694,572,000 US dollars
- **Net Income (Loss) Before Provision (Benefit) for Income Taxes**: 227,206,000 US dollars
- **Provision (Benefit) for Income Taxes**: 39,943,000 US dollars
- **Net Income (Loss)**: 187,263,000 US dollars
- **Global Records and Information Management Business**: 4,661,776,000 US dollars
- **Global Data Center Business**: 495,026,000 US dollars
- **Corporate and Other**: 323,487,000 US dollars
- **Cost of sales (excluding depreciation and amortization)**: 2,357,800,000 US dollars
- **Selling, general and administrative**: 1,236,287,000 US dollars
- **Acquisition and Integration Costs**: 25,875,000 US dollars
- **Depreciation and amortization**: 776,159,000 US dollars
- **(Gain) loss on disposal/write-down of property, plant and equipment, net**: negative 12,825,000 US dollars
- **Restructuring and other transformation**: 175,215,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
- Of which attributable to IRON MOUNTAIN INC: $184.23 M; to noncontrolling interests: $3.03 M.

## Chart details: Revenue by Product and Service (2 categories)

- Page: https://plicit.ai/financials/irm/fy2023-annual-income-statement/revenue-by-product-and-service-2-categories
- Chart image: https://plicit.ai/charts/irm-fy2023-annual-revenue-by-product-and-service-2-categories-sankey.png

Income statement for 2023-01-01 through 2023-12-31. View: Product and service (2 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total Revenues**: 5,480,289,000 US dollars
- **Cost of revenue (calculated)**: 2,357,800,000 US dollars
- **Gross profit (calculated)**: 3,122,489,000 US dollars
- **Operating expenses (calculated)**: 2,200,711,000 US dollars
- **Operating Income (Loss)**: 921,778,000 US dollars
- **Other income (expense), net (calculated)**: negative 694,572,000 US dollars
- **Net Income (Loss) Before Provision (Benefit) for Income Taxes**: 227,206,000 US dollars
- **Provision (Benefit) for Income Taxes**: 39,943,000 US dollars
- **Net Income (Loss)**: 187,263,000 US dollars
- **Storage rental**: 3,370,645,000 US dollars
- **Service**: 2,109,644,000 US dollars
- **Cost of sales (excluding depreciation and amortization)**: 2,357,800,000 US dollars
- **Selling, general and administrative**: 1,236,287,000 US dollars
- **Acquisition and Integration Costs**: 25,875,000 US dollars
- **Depreciation and amortization**: 776,159,000 US dollars
- **(Gain) loss on disposal/write-down of property, plant and equipment, net**: negative 12,825,000 US dollars
- **Restructuring and other transformation**: 175,215,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
- Of which attributable to IRON MOUNTAIN INC: $184.23 M; to noncontrolling interests: $3.03 M.

## Chart details: Revenue by Geography

- Page: https://plicit.ai/financials/irm/fy2023-annual-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/irm-fy2023-annual-revenue-by-geography-sankey.png

Income statement for 2023-01-01 through 2023-12-31. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total Revenues**: 5,480,289,000 US dollars
- **Cost of revenue (calculated)**: 2,357,800,000 US dollars
- **Gross profit (calculated)**: 3,122,489,000 US dollars
- **Operating expenses (calculated)**: 2,200,711,000 US dollars
- **Operating Income (Loss)**: 921,778,000 US dollars
- **Other income (expense), net (calculated)**: negative 694,572,000 US dollars
- **Net Income (Loss) Before Provision (Benefit) for Income Taxes**: 227,206,000 US dollars
- **Provision (Benefit) for Income Taxes**: 39,943,000 US dollars
- **Net Income (Loss)**: 187,263,000 US dollars
- **UNITED STATES**: 3,507,134,000 US dollars
- **UNITED KINGDOM**: 393,917,000 US dollars
- **CANADA**: 279,325,000 US dollars
- **AUSTRALIA**: 143,815,000 US dollars
- **Remaining Countries**: 1,156,098,000 US dollars
- **Cost of sales (excluding depreciation and amortization)**: 2,357,800,000 US dollars
- **Selling, general and administrative**: 1,236,287,000 US dollars
- **Acquisition and Integration Costs**: 25,875,000 US dollars
- **Depreciation and amortization**: 776,159,000 US dollars
- **(Gain) loss on disposal/write-down of property, plant and equipment, net**: negative 12,825,000 US dollars
- **Restructuring and other transformation**: 175,215,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
- Of which attributable to IRON MOUNTAIN INC: $184.23 M; to noncontrolling interests: $3.03 M.