v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues:        
Total Revenues $ 2,029,062 $ 1,711,948 $ 3,965,211 $ 3,304,477
Operating Expenses:        
Cost of sales (excluding depreciation and amortization) 958,609 754,837 1,848,412 1,465,041
Selling, general and administrative 402,339 390,456 775,103 720,193
Depreciation and amortization 281,395 252,566 549,234 484,720
Acquisition and Integration Costs 1,684 4,815 4,605 10,638
Restructuring and other transformation 0 50,340 0 105,086
Loss (gain) on disposal/write-down of property, plant and equipment, net 11,507 (962) 19,099 4,609
Total Operating Expenses 1,655,534 1,452,052 3,196,453 2,790,287
Operating Income (Loss) 373,528 259,896 768,758 514,190
Interest Expense, Net (includes Interest Income of $1,425 and $4,442 for the three months ended June 30, 2026 and 2025, respectively) 223,446 205,063 447,267 399,801
Other Expense (Income), Net 29,178 81,877 24,470 110,365
Net Income (Loss) Before Provision (Benefit) for Income Taxes 120,904 (27,044) 297,021 4,024
Provision (Benefit) for Income Taxes 14,802 16,296 41,920 31,131
Net Income (Loss) 106,102 (43,340) 255,101 (27,107)
Less: Net Income (Loss) Attributable to Noncontrolling Interests 4,672 1,581 10,006 1,862
Net Income (Loss) Attributable to Iron Mountain Incorporated $ 101,430 $ (44,921) $ 245,095 $ (28,969)
Net Income (Loss) Per Share Attributable to Iron Mountain Incorporated:        
Basic (in dollars per share) $ 0.34 $ (0.15) $ 0.82 $ (0.10)
Diluted (in dollars per share) $ 0.34 $ (0.15) $ 0.82 $ (0.10)
Weighted average common shares outstanding-basic (in shares) 297,741,000 295,364,000 297,295,000 294,935,000
Weighted average common shares outstanding-diluted (in shares) 299,849,000 295,364,000 299,342,000 294,935,000
Storage rental        
Revenues:        
Total Revenues $ 1,134,611 $ 1,009,989 $ 2,229,376 $ 1,958,365
Service        
Revenues:        
Total Revenues $ 894,451 $ 701,959 $ 1,735,835 $ 1,346,112