IRM Q2 2023 Earnings — Iron Mountain Incorporated Revenue & Financial Results | Market Cap Arena

IRMIron Mountain Incorporated

$32B

Q2 2023 Earnings

Real Estate REIT - Specialty

Income Statement

Revenue

$1.4B+5.3% YoY

Gross Profit

$765M56.4% margin

Operating Income

$213M15.7% margin

Net Income

$114,0000.0% margin

EPS (Diluted)

$0.00

QoQ Revenue Growth

+3.3%

Cash Flow

Operating Cash Flow

$317M

Free Cash Flow

-$19M

Stock-Based Comp.

$22M

Balance Sheet

Total Assets

$16.7B

Total Liabilities

$16.2B

Stockholders' Equity

$416M

Cash & Equivalents

$149M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.4B	$1.3B	+5.3%
Gross Profit	$765M	$733M	+4.4%
Operating Income	$213M	$294M	-27.7%
Net Income	$114,000	$200M	-99.9%

Revenue Segments

Global Records and Information Management Business

$1.2B91%

Global Data Center Business

$118M9%