Short answer
Iron Mountain (IRM) filed its Q1 2025 10-Q quarterly report on May 1, 2025 for the quarter ended Mar 31, 2025. Quarterly revenue was $1.6B (up 7.8% year over year) with net income of $16M.
Q1 2025 key financials · XBRL
- Revenue
- $1.6B
- +7.8% YoY
- Net income
- $16M
- −78.5% YoY
- Operating margin
- 16.0%
- EPS (diluted)
- $0.05
- −80.0% YoY
Source: XBRL data from the Iron Mountain (IRM) Q1 2025 10-Q on SEC EDGAR. USD.
Iron Mountain Q1 2025 10-Q analysis
AI summary of MD&A and risk factor updates
Risk Factors
- New risk: Project Matterhorn transformation costs $150M estimated for 2025, triggered by operating model shift to global solutions-based sales
- Material update: Restructuring costs increased to $54.7M Q1 2025 from $40.8M Q1 2024, reflecting ongoing Project Matterhorn execution
- Regulatory risk: Structural tax rate change to 17.0% in Q1 2025 from 13.9% prior year impacting effective tax rate and adjusted EPS calculations
- Operational risk: Organic storage rental revenue stability in Global RIM segment, but near-term performance relies on growth in Global Data Center leases
- Financial risk: Interest expense $195M Q1 2025 up from $165M prior year, pressuring net income and adjusted EBITDA margins
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
Other Iron Mountain quarterly reports
Ask about this quarter
Compare quarters, check guidance or see what insiders and funds did around the report.