IRM Q1 2022 Earnings — Iron Mountain Incorporated Revenue & Financial Results | Market Cap Arena

IRMIron Mountain Incorporated

$32B

Q1 2022 Earnings

Real Estate REIT - Specialty

Income Statement

Revenue

$1.2B+15.3% YoY

Gross Profit

$701M56.2% margin

Operating Income

$222M17.8% margin

Net Income

$42M3.4% margin

EPS (Diluted)

$0.14

QoQ Revenue Growth

+7.6%

Cash Flow

Operating Cash Flow

$55M

Free Cash Flow

-$108M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$15.6B

Total Liabilities

$14.8B

Stockholders' Equity

$758M

Cash & Equivalents

$196M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.2B	$1.1B	+15.3%
Gross Profit	$701M	$630M	+11.3%
Operating Income	$222M	$170M	+30.4%
Net Income	$42M	$46M	-7.2%

Revenue Segments

Global Records and Information Management Business

$803M89%

Global Data Center Business

$97M11%