XML 26 R4.htm IDEA: XBRL DOCUMENT v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenues:        
Total Revenues $ 1,711,948 $ 1,534,409 $ 3,304,477 $ 3,011,272
Operating Expenses:        
Cost of sales (excluding depreciation and amortization) 754,837 675,971 1,465,041 1,329,226
Selling, general and administrative 390,456 344,838 720,193 664,303
Depreciation and amortization 252,566 224,501 484,720 434,056
Acquisition and Integration Costs 4,815 9,502 10,638 17,311
Restructuring and other transformation 50,340 46,513 105,086 87,280
(Gain) loss on disposal/write-down of property, plant and equipment, net (962) 2,790 4,609 3,179
Total Operating Expenses 1,452,052 1,304,115 2,790,287 2,535,355
Operating Income (Loss) 259,896 230,294 514,190 475,917
Corporate and other 205,063 176,521 399,801 341,040
Other Expense (Income), Net 81,877 5,833 110,365 (6,697)
Net (Loss) Income Before Provision (Benefit) for Income Taxes (27,044) 47,940 4,024 141,574
Provision (Benefit) for Income Taxes 16,296 13,319 31,131 29,928
Net (Loss) Income (43,340) 34,621 (27,107) 111,646
Less: Net Income (Loss) Attributable to Noncontrolling Interests 1,581 (1,162) 1,862 1,802
Net (Loss) Income Attributable to Iron Mountain Incorporated $ (44,921) $ 35,783 $ (28,969) $ 109,844
Net (Loss) Income Per Share Attributable to Iron Mountain Incorporated:        
Basic (in dollars per share) $ (0.15) $ 0.12 $ (0.10) $ 0.37
Diluted (in dollars per share) $ (0.15) $ 0.12 $ (0.10) $ 0.37
Weighted average common shares outstanding-basic (in shares) 295,364,000 293,340,000 294,935,000 293,043,000
Weighted average common shares outstanding-diluted (in shares) 295,364,000 295,838,000 294,935,000 295,529,000
Storage rental        
Revenues:        
Total Revenues $ 1,009,989 $ 919,746 $ 1,958,365 $ 1,804,588
Service        
Revenues:        
Total Revenues $ 701,959 $ 614,663 $ 1,346,112 $ 1,206,684