Iron Mountain (IRM) Revenue — Quarter Ended Sep 30, 2024
Revenue for the quarter rose compared with both the prior quarter and the same period last year. The company continues to execute a global transformation program.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue for the quarter rose compared with both the prior quarter and the same period last year. The company continues to execute a global transformation program.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.6B
Revenue reported for this quarter.
Quarter-over-quarter
+1.5%
Change from the immediately preceding quarter.
Year-over-year
+12.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$6B
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 |
|---|---|---|
| Dec 31, 2023 | $1.4B | +11.0% |
| Mar 31, 2024 | $1.5B | +12.4% |
| Jun 30, 2024 | $1.5B | +13.0% |
| Sep 30, 2024 | $1.6B | +12.2% |
Revenue performance
Revenue increased from the preceding quarter, reflecting sustained growth momentum.
Quarterly comparison
Compared with the same quarter a year earlier, revenue was also higher, extending the upward trend seen over recent periods.
What to watch
The ongoing costs associated with the global transformation program remain a factor to monitor.