# IRON MOUNTAIN INC (IRM) FY2025 Q2 Statement of Cash Flows

- Company: IRON MOUNTAIN INC (IRM)
- Period: 2025-04-01 to 2025-06-30
- Filing: Q2 FY2025 10-Q, filed 2025-08-06, accession number 0001020569-25-000176
- Page: https://plicit.ai/financials/irm/fy2025-q2-cash-flow
- Chart image: https://plicit.ai/charts/irm-fy2025-q2-cash-flow-sankey.png

## Chart details

Cash flows for Apr 1, 2025 through Jun 30, 2025. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Mar 31, 2025. Ending cash: Jun 30, 2025. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

- **Beginning cash on Mar 31, 2025**: 155,338,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
- **Operating activities**: 375,126,000 US dollars. Net cash provided.
- **Provision (benefit) for deferred income taxes**: 8,880,000 US dollars
- **(Gain) loss on disposal/write-down of property, plant and equipment, net**: negative 962,000 US dollars
- **Revenue reduction associated with amortization of customer inducements and above- and below-market leases**: 1,659,000 US dollars
- **(Increase) decrease in assets**: negative 79,216,000 US dollars
- **Amortization (includes amortization of deferred financing costs and discounts of $15,659 and $12,243 for the six months ended June 30, 2025 and 2024, respectively)**: 79,797,000 US dollars
- **Depreciation**: 180,572,000 US dollars
- **Stock-based compensation expense**: 60,354,000 US dollars
- **Increase (decrease) in liabilities**: 141,701,000 US dollars
- **Net (Loss) Income**: negative 43,340,000 US dollars
- **Foreign currency transactions and other, net**: 25,681,000 US dollars
- **Investing activities**: negative 584,044,000 US dollars. Net cash used. The remaining amount is calculated by subtracting the other displayed items from the investing total. This quarter is the year to date less the prior quarter's year to date. The prior quarter reported part of this section under different lines (Contract costs), so Contract costs cannot be separated for this quarter. It may combine inflows and outflows.
- **Acquisition of customer intangibles**: negative 980,000 US dollars
- **Cash paid for acquisitions, net of cash acquired**: 704,000 US dollars
- **Investments in joint ventures and other investments, net**: negative 26,837,000 US dollars
- **Capital expenditures**: negative 556,756,000 US dollars
- **Proceeds from sales of property and equipment and other, net**: 9,909,000 US dollars
- **Remaining investing cash flows, net (calculated)**: negative 10,084,000 US dollars
- **Financing activities**: 304,036,000 US dollars. Net cash provided.
- **Equity distribution to noncontrolling interests**: negative 723,000 US dollars
- **Proceeds from revolving credit facility, term loan facilities and other debt**: 5,601,012,000 US dollars
- **Parent cash dividends**: negative 231,757,000 US dollars
- **Net (payments) proceeds associated with employee stock-based awards**: 10,627,000 US dollars
- **Repayment of revolving credit facility, term loan facilities and other debt**: negative 5,072,144,000 US dollars
- **Other, net**: negative 2,979,000 US dollars
- **Payment of deferred purchase obligations and other deferred payments**: 0 US dollars
- **Operating adjustment reconciliation**: 498,644,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
- **financing gross reconciliation**: 5,611,639,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
- **investing displayed reconciliation**: 594,657,000 US dollars. Intermediate calculation joining the displayed items and the calculated net remainder. It does not establish gross cash receipts or payments and is not an additional cash flow.
- **Exchange-rate effect**: negative 32,464,000 US dollars
- **Ending cash on Jun 30, 2025**: 217,992,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
- **Cash sources and uses**: 834,500,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
- **Net cash change**: 62,654,000 US dollars. Ending cash minus beginning cash.
- **Cash flow / Net income**: Not meaningful. Operating cash flow divided by reconciliation net income for the same period. The ratio is not meaningful when net income is zero or negative.
- **Operating cash flow**: 375,126,000 US dollars. Operating cash flow used in the free cash flow calculation.
- **Cash purchases of property, plant and equipment**: 556,756,000 US dollars. These cash purchases are already included in investing activities above.
- **Free cash flow**: negative 181,630,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

### Chart connections

- Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
- Financing contributions meet at a reconciliation junction before connecting to the net cash total.
- Investing contributions meet at a reconciliation junction before connecting to the net cash total.
- Operating reconciliation adjustments are not all independent cash receipts.
- Net loss −$43.34M + net operating adjustments $418.47M = operating cash +$375.13M. The loss reduces the earnings basis of the reconciliation; it is not a cash payment. The signed loss remains a deduction at the operating reconciliation junction.
- Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
- The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
- Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 375,126,000 US dollars minus 556,756,000 US dollars equals negative 181,630,000 US dollars.