IRM Q4 2023 Earnings — Iron Mountain Incorporated Revenue & Financial Results | Market Cap Arena

IRMIron Mountain Incorporated

$32B

Q4 2023 Earnings

Real Estate REIT - Specialty

Income Statement

Revenue

$1.4B+11.0% YoY

Gross Profit

$819M57.6% margin

Operating Income

$231M16.3% margin

Net Income

$28M2.0% margin

EPS (Diluted)

$0.10

QoQ Revenue Growth

+2.3%

Cash Flow

Operating Cash Flow

$447M

Free Cash Flow

$70M

Stock-Based Comp.

$21M

Balance Sheet

Total Assets

$17.5B

Total Liabilities

$17.1B

Stockholders' Equity

$212M

Cash & Equivalents

$223M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.4B	$1.3B	+11.0%
Gross Profit	$819M	$739M	+10.7%
Operating Income	$231M	$248M	-7.0%
Net Income	$28M	$122M	-76.7%

Revenue Segments

Global Records and Information Management Business

$2.4B90%

Global Data Center Business

$265M10%