# IRON MOUNTAIN INC (IRM) FY2024 Annual P&L / Income Statement

- Company: IRON MOUNTAIN INC (IRM)
- Period: 2024-01-01 to 2024-12-31
- Filing: FY2024 10-K, filed 2025-02-14, accession number 0001020569-25-000040
- Page: https://plicit.ai/financials/irm/fy2024-annual-income-statement
- Chart image: https://plicit.ai/charts/irm-fy2024-annual-income-statement-sankey.png

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

Income statement for 2024-01-01 through 2024-12-31. View: Product and service (4 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total Revenues**: 6,149,909,000 US dollars
- **Cost of revenue (calculated)**: 2,696,549,000 US dollars
- **Gross profit (calculated)**: 3,453,360,000 US dollars
- **Operating expenses (calculated)**: 2,443,841,000 US dollars
- **Operating Income (Loss)**: 1,009,519,000 US dollars
- **Other income (expense), net (calculated)**: negative 764,981,000 US dollars
- **Net Income (Loss) Before Provision (Benefit) for Income Taxes**: 244,538,000 US dollars
- **Provision (Benefit) for Income Taxes**: 60,872,000 US dollars
- **Net Income (Loss)**: 183,666,000 US dollars
- **Records management**: 4,061,475,000 US dollars
- **Data management**: 515,306,000 US dollars
- **Information destruction**: 953,100,000 US dollars
- **Data Center**: 620,028,000 US dollars
- **Cost of sales (excluding depreciation and amortization)**: 2,696,549,000 US dollars
- **Selling, general and administrative**: 1,339,539,000 US dollars
- **Acquisition and Integration Costs**: 35,842,000 US dollars
- **Depreciation and amortization**: 900,905,000 US dollars
- **Loss (gain) on disposal/write-down of property, plant and equipment, net**: 6,196,000 US dollars
- **Restructuring and other transformation**: 161,359,000 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: $180.16 M; to noncontrolling interests: $3.51 M.

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

- Page: https://plicit.ai/financials/irm/fy2024-annual-income-statement/revenue-by-product-and-service-2-categories
- Chart image: https://plicit.ai/charts/irm-fy2024-annual-revenue-by-product-and-service-2-categories-sankey.png

Income statement for 2024-01-01 through 2024-12-31. View: Product and service (2 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total Revenues**: 6,149,909,000 US dollars
- **Cost of revenue (calculated)**: 2,696,549,000 US dollars
- **Gross profit (calculated)**: 3,453,360,000 US dollars
- **Operating expenses (calculated)**: 2,443,841,000 US dollars
- **Operating Income (Loss)**: 1,009,519,000 US dollars
- **Other income (expense), net (calculated)**: negative 764,981,000 US dollars
- **Net Income (Loss) Before Provision (Benefit) for Income Taxes**: 244,538,000 US dollars
- **Provision (Benefit) for Income Taxes**: 60,872,000 US dollars
- **Net Income (Loss)**: 183,666,000 US dollars
- **Storage rental**: 3,682,259,000 US dollars
- **Service**: 2,467,650,000 US dollars
- **Cost of sales (excluding depreciation and amortization)**: 2,696,549,000 US dollars
- **Selling, general and administrative**: 1,339,539,000 US dollars
- **Acquisition and Integration Costs**: 35,842,000 US dollars
- **Depreciation and amortization**: 900,905,000 US dollars
- **Loss (gain) on disposal/write-down of property, plant and equipment, net**: 6,196,000 US dollars
- **Restructuring and other transformation**: 161,359,000 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: $180.16 M; to noncontrolling interests: $3.51 M.

## Chart details: Revenue by Geography

- Page: https://plicit.ai/financials/irm/fy2024-annual-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/irm-fy2024-annual-revenue-by-geography-sankey.png

Income statement for 2024-01-01 through 2024-12-31. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total Revenues**: 6,149,909,000 US dollars
- **Cost of revenue (calculated)**: 2,696,549,000 US dollars
- **Gross profit (calculated)**: 3,453,360,000 US dollars
- **Operating expenses (calculated)**: 2,443,841,000 US dollars
- **Operating Income (Loss)**: 1,009,519,000 US dollars
- **Other income (expense), net (calculated)**: negative 764,981,000 US dollars
- **Net Income (Loss) Before Provision (Benefit) for Income Taxes**: 244,538,000 US dollars
- **Provision (Benefit) for Income Taxes**: 60,872,000 US dollars
- **Net Income (Loss)**: 183,666,000 US dollars
- **UNITED STATES**: 4,008,402,000 US dollars
- **UNITED KINGDOM**: 426,462,000 US dollars
- **CANADA**: 303,184,000 US dollars
- **Remaining Countries**: 1,411,861,000 US dollars
- **Cost of sales (excluding depreciation and amortization)**: 2,696,549,000 US dollars
- **Selling, general and administrative**: 1,339,539,000 US dollars
- **Acquisition and Integration Costs**: 35,842,000 US dollars
- **Depreciation and amortization**: 900,905,000 US dollars
- **Loss (gain) on disposal/write-down of property, plant and equipment, net**: 6,196,000 US dollars
- **Restructuring and other transformation**: 161,359,000 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: $180.16 M; to noncontrolling interests: $3.51 M.

## Chart details: Revenue by Business Segment

- Page: https://plicit.ai/financials/irm/fy2024-annual-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/irm-fy2024-annual-revenue-by-business-segment-sankey.png

Income statement for 2024-01-01 through 2024-12-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total Revenues**: 6,149,909,000 US dollars
- **Cost of revenue (calculated)**: 2,696,549,000 US dollars
- **Gross profit (calculated)**: 3,453,360,000 US dollars
- **Operating expenses (calculated)**: 2,443,841,000 US dollars
- **Operating Income (Loss)**: 1,009,519,000 US dollars
- **Other income (expense), net (calculated)**: negative 764,981,000 US dollars
- **Net Income (Loss) Before Provision (Benefit) for Income Taxes**: 244,538,000 US dollars
- **Provision (Benefit) for Income Taxes**: 60,872,000 US dollars
- **Net Income (Loss)**: 183,666,000 US dollars
- **Global Records and Information Management Business**: 4,979,438,000 US dollars
- **Global Data Center Business**: 620,028,000 US dollars
- **Corporate Segment and Other Operating Segment**: 550,443,000 US dollars
- **Cost of sales (excluding depreciation and amortization)**: 2,696,549,000 US dollars
- **Selling, general and administrative**: 1,339,539,000 US dollars
- **Acquisition and Integration Costs**: 35,842,000 US dollars
- **Depreciation and amortization**: 900,905,000 US dollars
- **Loss (gain) on disposal/write-down of property, plant and equipment, net**: 6,196,000 US dollars
- **Restructuring and other transformation**: 161,359,000 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: $180.16 M; to noncontrolling interests: $3.51 M.