Iron Mountain (IRM) Revenue — Quarter Ended Dec 31, 2024
Revenue increased in the quarter. The figure was higher than both the prior quarter and the same quarter a year ago.
Key takeaway
Quarter ended Dec 31, 2024 · FY2024 Q4
Revenue increased in the quarter. The figure was higher than both the prior quarter and the same quarter a year ago.
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
+11.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$6.1B
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, 2024 | $1.5B | +12.4% |
| Jun 30, 2024 | $1.5B | +13.0% |
| Sep 30, 2024 | $1.6B | +12.2% |
| Dec 31, 2024 | $1.6B | +11.4% |
Revenue performance
The reported revenue for the quarter showed an upward direction, continuing the positive trend observed throughout the fiscal year.
Quarterly comparison
The revenue figure rose compared with the immediately preceding quarter and also exceeded the level reported for the same quarter one year earlier.
What to watch
Filing context notes ongoing restructuring costs under the Project Matterhorn initiative, which are expected to continue through the next fiscal year.