Iron Mountain (IRM) Revenue — Quarter Ended Dec 31, 2023
Revenue increased during the quarter. The growth was reflected in both sequential and year-over-year comparisons.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue increased during the quarter. The growth was reflected in both sequential and year-over-year comparisons.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.4B
Revenue reported for this quarter.
Quarter-over-quarter
+2.3%
Change from the immediately preceding quarter.
Year-over-year
+11.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$5.5B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2023 | $1.3B | +5.3% |
| Jun 30, 2023 | $1.4B | +5.3% |
| Sep 30, 2023 | $1.4B | +7.9% |
| Dec 31, 2023 | $1.4B | +11.0% |
Revenue performance
Revenue rose in the reporting period, with a sequential improvement and a more pronounced year-over-year gain.
Quarterly comparison
The quarter's revenue was higher than the immediately preceding quarter. It was also significantly higher than the same quarter one year earlier.
What to watch
The filing discusses variability in effective tax rates and losses on equity method investments, which may influence future financial results.