Iron Mountain (IRM) Revenue — Quarter Ended Mar 31, 2025
Revenue increased compared to the prior period and the same period a year ago. The company continues its transformation program.
Key takeaway
Quarter ended Mar 31, 2025 · FY2025 Q1
Revenue increased compared to the prior period and the same period a year ago. The company continues its 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
+0.7%
Change from the immediately preceding quarter.
Year-over-year
+7.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$6.3B
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 |
|---|---|---|
| Jun 30, 2024 | $1.5B | +13.0% |
| Sep 30, 2024 | $1.6B | +12.2% |
| Dec 31, 2024 | $1.6B | +11.4% |
| Mar 31, 2025 | $1.6B | +7.8% |
Revenue performance
Revenue rose in the reporting period, driven by underlying business momentum. Management's strategic initiatives contributed to the growth.
Quarterly comparison
Revenue was higher than in the immediately preceding period, reflecting a modest sequential gain. The year-over-year comparison showed a larger increase, indicating sustained expansion.
What to watch
Restructuring costs have increased compared with a year ago, which may affect profitability.