XML 26 R4.htm IDEA: XBRL DOCUMENT v3.25.3
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Revenues:        
Total Revenues $ 1,754,093 $ 1,557,358 $ 5,058,570 $ 4,568,630
Operating Expenses:        
Cost of sales (excluding depreciation and amortization) 791,939 678,390 2,256,980 2,007,616
Selling, general and administrative 335,248 341,929 1,055,441 1,006,232
Depreciation and amortization 262,203 232,240 746,923 666,296
Acquisition and Integration Costs 5,402 11,262 16,040 28,573
Restructuring and other transformation 47,346 37,282 152,432 124,562
Loss (gain) on disposal/write-down of property, plant and equipment, net 3,366 5,091 7,975 8,270
Total Operating Expenses 1,445,504 1,306,194 4,235,791 3,841,549
Operating Income (Loss) 308,589 251,164 822,779 727,081
Interest Expense, Net (includes Interest Income of $8,061 and $949 for the three months ended September 30, 2025 and 2024, respectively) 209,740 186,067 609,541 527,107
Other (Income) Expense, Net (3,986) 86,362 106,379 79,665
Net Income (Loss) Before Provision (Benefit) for Income Taxes 102,835 (21,265) 106,859 120,309
Provision (Benefit) for Income Taxes 16,594 12,400 47,725 42,328
Net Income (Loss) 86,241 (33,665) 59,134 77,981
Less: Net Income (Loss) Attributable to Noncontrolling Interests 1,951 (45) 3,813 1,757
Net Income (Loss) Attributable to Iron Mountain Incorporated $ 84,290 $ (33,620) $ 55,321 $ 76,224
Net Income (Loss) Per Share Attributable to Iron Mountain Incorporated:        
Basic (in dollars per share) $ 0.28 $ (0.11) $ 0.19 $ 0.26
Diluted (in dollars per share) $ 0.28 $ (0.11) $ 0.19 $ 0.26
Weighted average common shares outstanding-basic (in shares) 295,771,000 293,603,000 295,214,000 293,229,000
Weighted average common shares outstanding-diluted (in shares) 297,981,000 293,603,000 297,628,000 295,912,000
Storage rental        
Revenues:        
Total Revenues $ 1,032,897 $ 935,701 $ 2,991,262 $ 2,740,289
Service        
Revenues:        
Total Revenues $ 721,196 $ 621,657 $ 2,067,308 $ 1,828,341