IRM Q2 2024 Earnings — Iron Mountain Incorporated Revenue & Financial Results | Market Cap Arena

IRMIron Mountain Incorporated

$32B

Q2 2024 Earnings

Real Estate REIT - Specialty

Income Statement

Revenue

$1.5B+13.0% YoY

Gross Profit

$858M55.9% margin

Operating Income

$230M15.0% margin

Net Income

$36M2.3% margin

EPS (Diluted)

$0.12

QoQ Revenue Growth

+3.9%

Cash Flow

Operating Cash Flow

$382M

Free Cash Flow

-$16M

Stock-Based Comp.

$30M

Balance Sheet

Total Assets

$18.0B

Total Liabilities

$17.9B

Stockholders' Equity

-$133M

Cash & Equivalents

$144M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.5B	$1.4B	+13.0%
Gross Profit	$858M	$765M	+12.2%
Operating Income	$230M	$213M	+8.4%
Net Income	$36M	$114,000	+31288.6%

Revenue Segments

Global Records and Information Management Business

$1.3B89%

Global Data Center Business

$153M11%