$IRM
IRON MOUNTAIN INC Stock $irm

$irm Overview Financials Valuation SEC Filings Company Website

2023 Q3 Form 10-Q Financial Statement

#000102056923000169 Filed on August 03, 2023

Income Statement

Concept	2023 Q3	2023 Q2
Revenue	$1.388B	$1.358B
YoY Change	7.87%	5.3%
Cost Of Revenue	$420.2M	$431.4M
YoY Change	4.85%	3.55%
Gross Profit	$968.0M	$926.5M
YoY Change	9.23%	6.14%
Gross Profit Margin	69.73%	68.23%
Selling, General & Admin	$315.0M	$311.8M
YoY Change	10.42%	5.56%
% of Gross Profit	32.54%	33.65%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$198.8M	$195.4M
YoY Change	13.53%	9.6%
% of Gross Profit	20.53%	21.09%
Operating Expenses	$315.0M	$311.8M
YoY Change	10.42%	5.56%
Operating Profit	$237.8M	$212.5M
YoY Change	-16.77%	-27.66%
Interest Expense	-$123.5M	-$159.2M
YoY Change	95.26%	165.32%
% of Operating Profit	-51.93%	-74.93%
Other Income/Expense, Net	$16.27M	-$62.95M
YoY Change	-69.22%	-252.73%
Pretax Income	$101.3M	$5.398M
YoY Change	-53.29%	-97.55%
Income Tax	$9.912M	$4.255M
% Of Pretax Income	9.78%	78.83%
Net Earnings	$91.39M	$1.143M
YoY Change	-52.63%	-99.43%
Net Earnings / Revenue	6.58%	0.08%
Basic Earnings Per Share	$0.31	$0.00
Diluted Earnings Per Share	$0.31	$0.00
COMMON SHARES
Basic Shares Outstanding	291.9M shares	291.6M shares
Diluted Shares Outstanding	294.3M shares	293.5M shares

Balance Sheet

Concept	2023 Q3	2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$171.0M	$149.5M
YoY Change	10.16%	3.28%
Cash & Equivalents	$170.5M	$149.5M
Short-Term Investments
Other Short-Term Assets	$279.0M	$279.5M
YoY Change	4.09%	-0.51%
Inventory
Prepaid Expenses
Receivables	$1.168B	$1.182B
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$1.617B	$1.611B
YoY Change	3.87%	4.48%
LONG-TERM ASSETS
Property, Plant & Equipment	$8.512B	$8.275B
YoY Change	16.82%	16.05%
Goodwill	$4.938B	$4.928B
YoY Change	2.21%	0.09%
Intangibles	$1.353B	$1.349B
YoY Change	-6.35%	-10.6%
Long-Term Investments
YoY Change
Other Assets	$456.7M	$515.7M
YoY Change	-20.57%	-0.35%
Total Long-Term Assets	$15.26B	$15.07B
YoY Change	7.94%	7.01%
TOTAL ASSETS
Total Short-Term Assets	$1.617B	$1.611B
Total Long-Term Assets	$15.26B	$15.07B
Total Assets	$16.88B	$16.68B
YoY Change	7.53%	6.76%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$448.3M	$482.2M
YoY Change	3.69%	10.74%
Accrued Expenses	$1.109B	$1.142B
YoY Change	19.36%	19.23%
Deferred Revenue	$325.5M	$336.1M
YoY Change	15.14%	11.1%
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due	$108.0M	$102.6M
YoY Change	32.86%	18.2%
Total Short-Term Liabilities	$1.991B	$2.063B
YoY Change	15.38%	15.72%
LONG-TERM LIABILITIES
Long-Term Debt	$11.55B	$11.14B
YoY Change	12.9%	11.52%
Other Long-Term Liabilities	$158.4M	$164.2M
YoY Change	-60.27%	-59.42%
Total Long-Term Liabilities	$11.71B	$11.31B
YoY Change	10.15%	8.76%
TOTAL LIABILITIES
Total Short-Term Liabilities	$1.991B	$2.063B
Total Long-Term Liabilities	$11.71B	$11.31B
Total Liabilities	$13.70B	$13.37B
YoY Change	10.88%	9.78%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock	$4.511B	$4.491B
YoY Change	1.4%	1.27%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$262.5M	$416.2M
YoY Change
Total Liabilities & Shareholders Equity	$16.88B	$16.68B
YoY Change	7.53%	6.76%

Cashflow Statement

Concept	2023 Q3	2023 Q2
OPERATING ACTIVITIES
Net Income	$91.39M	$1.143M
YoY Change	-52.63%	-99.43%
Depreciation, Depletion And Amortization	$198.8M	$195.4M
YoY Change	13.53%	9.6%
Cash From Operating Activities	$220.3M	$317.3M
YoY Change	2.74%	8.88%
INVESTING ACTIVITIES
Capital Expenditures	$364.7M	$336.1M
YoY Change	-236.08%	-295.39%
Acquisitions
YoY Change
Other Investing Activities	-$25.10M	-$36.61M
YoY Change	-43.8%	-151.8%
Cash From Investing Activities	-$389.8M	-$372.7M
YoY Change	24.67%	267.78%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	194.1M	59.93M
YoY Change	66.69%	-126.11%
NET CHANGE
Cash From Operating Activities	220.3M	317.3M
Cash From Investing Activities	-389.8M	-372.7M
Cash From Financing Activities	194.1M	59.93M
Net Change In Cash	24.60M	4.473M
YoY Change	35.01%	-111.33%
FREE CASH FLOW
Cash From Operating Activities	$220.3M	$317.3M
Capital Expenditures	$364.7M	$336.1M
Free Cash Flow	-$144.4M	-$18.84M
YoY Change	-129.93%	-104.06%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q2	us-gaap	Finance Lease Right Of Use Asset Statement Of Financial Position Extensible List FinanceLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2023#PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
CY2022Q4	us-gaap	Finance Lease Right Of Use Asset Statement Of Financial Position Extensible List FinanceLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2023#PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
CY2022Q4	us-gaap	Operating Lease Liability Current Statement Of Financial Position Extensible List OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2023#AccruedLiabilitiesCurrent
CY2023Q2	us-gaap	Operating Lease Liability Current Statement Of Financial Position Extensible List OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2023#AccruedLiabilitiesCurrent
CY2023Q2	us-gaap	Finance Lease Liability Current Statement Of Financial Position Extensible List FinanceLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2023#LongTermDebtAndCapitalLeaseObligationsCurrent
CY2022Q4	us-gaap	Finance Lease Liability Current Statement Of Financial Position Extensible List FinanceLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2023#LongTermDebtAndCapitalLeaseObligationsCurrent
CY2022Q4	us-gaap	Finance Lease Liability Noncurrent Statement Of Financial Position Extensible List FinanceLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2023#LongTermDebtAndCapitalLeaseObligations
CY2023Q2	us-gaap	Finance Lease Liability Noncurrent Statement Of Financial Position Extensible List FinanceLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2023#LongTermDebtAndCapitalLeaseObligations
CY2023Q2	us-gaap	Derivative Asset Statement Of Financial Position Extensible Enumeration DerivativeAssetStatementOfFinancialPositionExtensibleEnumeration	http://fasb.org/us-gaap/2023#PrepaidExpenseAndOtherAssetsCurrent http://www.ironmountain.com/20230630#AssetsNoncurrentExcludingPropertyPlantAndEquipmentNet
CY2023Q2	us-gaap	Derivative Asset Noncurrent Statement Of Financial Position Extensible Enumeration DerivativeAssetNoncurrentStatementOfFinancialPositionExtensibleEnumeration	http://www.ironmountain.com/20230630#AssetsNoncurrentExcludingPropertyPlantAndEquipmentNet
CY2023Q2	us-gaap	Derivative Asset Current Statement Of Financial Position Extensible Enumeration DerivativeAssetCurrentStatementOfFinancialPositionExtensibleEnumeration	http://fasb.org/us-gaap/2023#PrepaidExpenseAndOtherAssetsCurrent
CY2023Q2	us-gaap	Derivative Liability Noncurrent Statement Of Financial Position Extensible Enumeration DerivativeLiabilityNoncurrentStatementOfFinancialPositionExtensibleEnumeration	http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent
CY2023Q2	us-gaap	Derivative Liability Statement Of Financial Position Extensible Enumeration DerivativeLiabilityStatementOfFinancialPositionExtensibleEnumeration	http://fasb.org/us-gaap/2023#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent
CY2023Q2	us-gaap	Dividends Common Stock DividendsCommonStock	182113000	usd
CY2023Q2	irm	Other Comprehensive Income Loss Excluding Redeemable Noncontrolling Interest Net Of Tax OtherComprehensiveIncomeLossExcludingRedeemableNoncontrollingInterestNetOfTax	23524000	usd
CY2023Q2	us-gaap	Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest	114000	usd
CY2023Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	416343000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	636793000	usd
	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	19100000	usd
	irm	Adjustmentsto Additional Paidin Capital Changein Valueof Redeemable Noncontrolling Interests AdjustmentstoAdditionalPaidinCapitalChangeinValueofRedeemableNoncontrollingInterests	-1367000	usd
	us-gaap	Dividends Common Stock DividendsCommonStock	365385000	usd
	irm	Other Comprehensive Income Loss Excluding Redeemable Noncontrolling Interest Net Of Tax OtherComprehensiveIncomeLossExcludingRedeemableNoncontrollingInterestNetOfTax	59759000	usd
	us-gaap	Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest	64709000	usd
CY2023Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	416343000	usd
CY2022Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	758771000	usd
CY2022Q2	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	24462000	usd
CY2022Q2	irm	Adjustmentsto Additional Paidin Capital Changein Valueof Redeemable Noncontrolling Interests AdjustmentstoAdditionalPaidinCapitalChangeinValueofRedeemableNoncontrollingInterests	-4618000	usd
CY2022Q2	us-gaap	Dividends Common Stock DividendsCommonStock	181197000	usd
CY2022Q2	irm	Other Comprehensive Income Loss Excluding Redeemable Noncontrolling Interest Net Of Tax OtherComprehensiveIncomeLossExcludingRedeemableNoncontrollingInterestNetOfTax	-152708000	usd
CY2022Q2	us-gaap	Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest	200315000	usd
CY2022Q2	irm	Noncontrolling Interest Equity Contributions And Related Costs NoncontrollingInterestEquityContributionsAndRelatedCosts	2486000	usd
CY2022Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	651775000	usd
CY2021Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	857068000	usd
	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	22960000	usd
	irm	Adjustmentsto Additional Paidin Capital Changein Valueof Redeemable Noncontrolling Interests AdjustmentstoAdditionalPaidinCapitalChangeinValueofRedeemableNoncontrollingInterests	-2626000	usd
	us-gaap	Dividends Common Stock DividendsCommonStock	362220000	usd
	irm	Other Comprehensive Income Loss Excluding Redeemable Noncontrolling Interest Net Of Tax OtherComprehensiveIncomeLossExcludingRedeemableNoncontrollingInterestNetOfTax	-108787000	usd
	us-gaap	Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest	242614000	usd
	irm	Noncontrolling Interest Equity Contributions And Related Costs NoncontrollingInterestEquityContributionsAndRelatedCosts	2486000	usd
CY2022Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	651775000	usd
	us-gaap	Profit Loss ProfitLoss	66678000	usd
	us-gaap	Profit Loss ProfitLoss	243565000	usd
	us-gaap	Depreciation Depreciation	254395000	usd
	us-gaap	Depreciation Depreciation	236496000	usd
	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	8095000	usd
	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	9064000	usd
	us-gaap	Adjustment For Amortization AdjustmentForAmortization	131161000	usd
	us-gaap	Adjustment For Amortization AdjustmentForAmortization	134437000	usd
	irm	Amortization Of Intangible Assets Customer Inducements And Market Leases AmortizationOfIntangibleAssetsCustomerInducementsAndMarketLeases	3491000	usd
	irm	Amortization Of Intangible Assets Customer Inducements And Market Leases AmortizationOfIntangibleAssetsCustomerInducementsAndMarketLeases	3681000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	34882000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	31597000	usd
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	2799000	usd
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-18491000	usd
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	usd
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-671000	usd
	us-gaap	Gain Loss On Sales Of Assets And Asset Impairment Charges GainLossOnSalesOfAssetsAndAssetImpairmentCharges	14566000	usd
	us-gaap	Gain Loss On Sales Of Assets And Asset Impairment Charges GainLossOnSalesOfAssetsAndAssetImpairmentCharges	51954000	usd
	us-gaap	Disposal Group Not Discontinued Operation Gain Loss On Disposal DisposalGroupNotDiscontinuedOperationGainLossOnDisposal	0	usd
	us-gaap	Disposal Group Not Discontinued Operation Gain Loss On Disposal DisposalGroupNotDiscontinuedOperationGainLossOnDisposal	-105825000	usd
	us-gaap	Business Combination Step Acquisition Equity Interest In Acquiree Remeasurement Gain Or Loss BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGainOrLoss	-38000000	usd
	us-gaap	Equity Method Investment Realized Gain Loss On Disposal EquityMethodInvestmentRealizedGainLossOnDisposal	35821000	usd
	irm	Foreign Currency Transaction Gain Loss Unrealized And Adjustments Noncash Items To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities Other ForeignCurrencyTransactionGainLossUnrealizedAndAdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesOther	69183000	usd
	irm	Foreign Currency Transaction Gain Loss Unrealized And Adjustments Noncash Items To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities Other ForeignCurrencyTransactionGainLossUnrealizedAndAdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesOther	-58821000	usd
	us-gaap	Increase Decrease In Operating Assets IncreaseDecreaseInOperatingAssets	31071000	usd
	us-gaap	Increase Decrease In Operating Assets IncreaseDecreaseInOperatingAssets	194756000	usd
	us-gaap	Increase Decrease In Operating Liabilities IncreaseDecreaseInOperatingLiabilities	-108858000	usd
	us-gaap	Increase Decrease In Operating Liabilities IncreaseDecreaseInOperatingLiabilities	-50505000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	446094000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	345924000	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	600758000	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	330220000	usd
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	21465000	usd
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	718657000	usd
	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	0	usd
	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	148000	usd
	irm	Paymentsfor Customer Inducements PaymentsforCustomerInducements	2630000	usd
	irm	Paymentsfor Customer Inducements PaymentsforCustomerInducements	4624000	usd
	irm	Payments Related To Contract Fulfillment Costs PaymentsRelatedToContractFulfillmentCosts	39989000	usd
	irm	Payments Related To Contract Fulfillment Costs PaymentsRelatedToContractFulfillmentCosts	33951000	usd
	us-gaap	Payments To Acquire Interest In Joint Venture PaymentsToAcquireInterestInJointVenture	15830000	usd
	us-gaap	Payments To Acquire Interest In Joint Venture PaymentsToAcquireInterestInJointVenture	0	usd
	us-gaap	Proceeds From Sale Of Productive Assets ProceedsFromSaleOfProductiveAssets	35390000	usd
	us-gaap	Proceeds From Sale Of Productive Assets ProceedsFromSaleOfProductiveAssets	96497000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-645282000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-991103000	usd
	us-gaap	Repayments Of Debt RepaymentsOfDebt	10087033000	usd
	us-gaap	Repayments Of Debt RepaymentsOfDebt	5351720000	usd
	us-gaap	Proceeds From Issuance Of Debt ProceedsFromIssuanceOfDebt	9683880000	usd
	us-gaap	Proceeds From Issuance Of Debt ProceedsFromIssuanceOfDebt	6255829000	usd
	us-gaap	Proceeds From Issuance Of Senior Long Term Debt ProceedsFromIssuanceOfSeniorLongTermDebt	990000000	usd
	us-gaap	Proceeds From Issuance Of Senior Long Term Debt ProceedsFromIssuanceOfSeniorLongTermDebt	0	usd
	us-gaap	Proceeds From Minority Shareholders ProceedsFromMinorityShareholders	9900000	usd
	us-gaap	Proceeds From Minority Shareholders ProceedsFromMinorityShareholders	21547000	usd
	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	2032000	usd
	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	1392000	usd
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	367060000	usd
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	364223000	usd
	irm	Payments For Stock Plans PaymentsForStockPlans	15782000	usd
	irm	Payments For Stock Plans PaymentsForStockPlans	8636000	usd
	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-2046000	usd
	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-9405000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	209827000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	542000000	usd
	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-2943000	usd
	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-7903000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	7696000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-111082000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	141797000	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	255828000	usd
CY2023Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	149493000	usd
CY2022Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	144746000	usd
	us-gaap	Interest Paid Net InterestPaidNet	270146000	usd
	us-gaap	Interest Paid Net InterestPaidNet	227633000	usd
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	46502000	usd
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	57135000	usd
	irm	Noncash Investing And Financing Activities Financing Leases And Other NoncashInvestingAndFinancingActivitiesFinancingLeasesAndOther	61085000	usd
	irm	Noncash Investing And Financing Activities Financing Leases And Other NoncashInvestingAndFinancingActivitiesFinancingLeasesAndOther	12878000	usd
	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	192197000	usd
	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	98210000	usd
	irm	Business Combination Consideration Transferred Contingent Consideration BusinessCombinationConsiderationTransferredContingentConsideration	9290000	usd
	irm	Business Combination Consideration Transferred Contingent Consideration BusinessCombinationConsiderationTransferredContingentConsideration	276017000	usd
CY2023Q2	us-gaap	Dividends Payable Current DividendsPayableCurrent	192597000	usd
CY2022Q2	us-gaap	Dividends Payable Current DividendsPayableCurrent	188556000	usd
CY2023Q2	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	2671371000	usd
CY2022Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	2583704000	usd
CY2023Q2	us-gaap	Finance Lease Right Of Use Asset FinanceLeaseRightOfUseAsset	255015000	usd
CY2022Q4	us-gaap	Finance Lease Right Of Use Asset FinanceLeaseRightOfUseAsset	251690000	usd
CY2023Q2	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	303615000	usd
CY2022Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	288738000	usd
CY2023Q2	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	49148000	usd
CY2022Q4	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	43857000	usd
CY2023Q2	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	2513975000	usd
CY2022Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	2429167000	usd
CY2023Q2	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	297190000	usd
CY2022Q4	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	289048000	usd
CY2023Q2	us-gaap	Operating Lease Cost OperatingLeaseCost	161241000	usd
CY2022Q2	us-gaap	Operating Lease Cost OperatingLeaseCost	139863000	usd
	us-gaap	Operating Lease Cost OperatingLeaseCost	317114000	usd
	us-gaap	Operating Lease Cost OperatingLeaseCost	283393000	usd
CY2023Q2	us-gaap	Finance Lease Right Of Use Asset Amortization FinanceLeaseRightOfUseAssetAmortization	10202000	usd
CY2022Q2	us-gaap	Finance Lease Right Of Use Asset Amortization FinanceLeaseRightOfUseAssetAmortization	10578000	usd
	us-gaap	Finance Lease Right Of Use Asset Amortization FinanceLeaseRightOfUseAssetAmortization	20210000	usd
	us-gaap	Finance Lease Right Of Use Asset Amortization FinanceLeaseRightOfUseAssetAmortization	22032000	usd
CY2023Q2	us-gaap	Finance Lease Interest Expense FinanceLeaseInterestExpense	4416000	usd
CY2022Q2	us-gaap	Finance Lease Interest Expense FinanceLeaseInterestExpense	4359000	usd
	us-gaap	Finance Lease Interest Expense FinanceLeaseInterestExpense	8757000	usd
	us-gaap	Finance Lease Interest Expense FinanceLeaseInterestExpense	9037000	usd
CY2023Q2	us-gaap	Variable Lease Cost VariableLeaseCost	34418000	usd
	us-gaap	Variable Lease Cost VariableLeaseCost	65998000	usd
CY2022Q2	us-gaap	Variable Lease Cost VariableLeaseCost	28788000	usd
	us-gaap	Variable Lease Cost VariableLeaseCost	59296000	usd
	us-gaap	Operating Lease Payments OperatingLeasePayments	220764000	usd
	us-gaap	Operating Lease Payments OperatingLeasePayments	200958000	usd
	us-gaap	Finance Lease Interest Payment On Liability FinanceLeaseInterestPaymentOnLiability	8757000	usd
	us-gaap	Finance Lease Interest Payment On Liability FinanceLeaseInterestPaymentOnLiability	9037000	usd
	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	22010000	usd
	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	20084000	usd
	irm	Operating Lease Modifications And Reassessments OperatingLeaseModificationsAndReassessments	44779000	usd
	irm	Operating Lease Modifications And Reassessments OperatingLeaseModificationsAndReassessments	67699000	usd
	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	163326000	usd
	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	382890000	usd
CY2023Q2	us-gaap	Lessee Operating Lease Lease Not Yet Commenced Term Of Contract1 LesseeOperatingLeaseLeaseNotYetCommencedTermOfContract1	P25Y
CY2023Q2	irm	Lessee Operating Lease Leases Not Yet Commenced Liability LesseeOperatingLeaseLeasesNotYetCommencedLiability	170100000	usd
CY2022Q4	us-gaap	Goodwill Goodwill	4882734000	usd
CY2022Q2	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax	34211000	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax	2527000	usd
CY2022Q2	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax	0	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	23524000	usd
CY2022Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-152617000	usd
	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	57832000	usd
	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	-159605000	usd
	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax	4454000	usd
	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax	2527000	usd
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	59759000	usd
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-108628000	usd
CY2022Q4	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	328910000	usd
CY2022Q4	us-gaap	Contract With Customer Liability Noncurrent ContractWithCustomerLiabilityNoncurrent	32960000	usd
CY2023Q2	us-gaap	Foreign Currency Transaction Gain Loss Before Tax ForeignCurrencyTransactionGainLossBeforeTax	-15063000	usd
CY2022Q2	us-gaap	Foreign Currency Transaction Gain Loss Before Tax ForeignCurrencyTransactionGainLossBeforeTax	55039000	usd
CY2023Q2	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	usd
CY2022Q2	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	usd
CY2023Q2	irm	Other Nonoperating Income Expense Other Net OtherNonoperatingIncomeExpenseOtherNet	-47887000	usd
CY2022Q2	irm	Other Nonoperating Income Expense Other Net OtherNonoperatingIncomeExpenseOtherNet	-13822000	usd
CY2023Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-62950000	usd
CY2022Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	41217000	usd
CY2023Q2	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.788
CY2022Q2	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.082
CY2022Q1	us-gaap	Deferred Tax Assets Deferred Income DeferredTaxAssetsDeferredIncome	9900000	usd
CY2023Q2	us-gaap	Profit Loss ProfitLoss	1143000	usd
CY2023Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	1029000	usd
CY2023Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	114000	usd
CY2023Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	291825000	shares
CY2023Q2	irm	Incremental Common Shares Attributable To Share Based Payments Arrangements Stock Option IncrementalCommonSharesAttributableToShareBasedPaymentsArrangementsStockOption	1322000	shares
CY2023Q2	irm	Incremental Common Shares Attributable To Share Based Payments Restricted Stock And Rs Us And P Us IncrementalCommonSharesAttributableToShareBasedPaymentsRestrictedStockAndRSUsAndPUs	380000	shares
CY2023Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	293527000	shares
CY2023Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.00
CY2023Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.00
CY2023Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	157132	shares
	us-gaap	Proceeds From Previous Acquisition ProceedsFromPreviousAcquisition	1980000	usd
	us-gaap	Payments For Previous Acquisition PaymentsForPreviousAcquisition	2230000	usd
CY2023Q2	us-gaap	Derivative Assets Current DerivativeAssetsCurrent	1459000	usd
CY2023Q2	us-gaap	Derivative Assets Noncurrent DerivativeAssetsNoncurrent	26827000	usd
CY2023Q2	us-gaap	Derivative Liabilities Current DerivativeLiabilitiesCurrent	4540000	usd
CY2022Q4	us-gaap	Derivative Assets Current DerivativeAssetsCurrent	2606000	usd
CY2022Q4	us-gaap	Derivative Assets Noncurrent DerivativeAssetsNoncurrent	48790000	usd
CY2022Q4	us-gaap	Derivative Liabilities Noncurrent DerivativeLiabilitiesNoncurrent	489000	usd
CY2023Q2	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	11332500000	usd
CY2023Q2	us-gaap	Unamortized Debt Issuance Expense UnamortizedDebtIssuanceExpense	85688000	usd
CY2023Q2	us-gaap	Long Term Debt LongTermDebt	11246812000	usd
CY2022Q4	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	10650265000	usd
CY2022Q4	us-gaap	Unamortized Debt Issuance Expense UnamortizedDebtIssuanceExpense	81270000	usd
CY2022Q4	us-gaap	Long Term Debt LongTermDebt	10568995000	usd
CY2023Q2	irm	Longterm Debt Gross Current Maturities LongtermDebtGrossCurrentMaturities	102582000	usd
CY2023Q2	irm	Unamortizeddebtissuanceexpensenetofcurrentportion Unamortizeddebtissuanceexpensenetofcurrentportion	0	usd
CY2023Q2	us-gaap	Long Term Debt Current LongTermDebtCurrent	102582000	usd
CY2022Q4	irm	Longterm Debt Gross Current Maturities LongtermDebtGrossCurrentMaturities	87546000	usd
CY2022Q4	irm	Unamortizeddebtissuanceexpensenetofcurrentportion Unamortizeddebtissuanceexpensenetofcurrentportion	0	usd
CY2022Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	87546000	usd
CY2023Q2	irm	Long Term Debt Gross Netof Current Portion LongTermDebtGrossNetofCurrentPortion	11229918000	usd
CY2023Q2	irm	Unamortized Debt Issuance Expense Net UnamortizedDebtIssuanceExpenseNet	85688000	usd
CY2023Q2	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	11144230000	usd
CY2022Q4	irm	Long Term Debt Gross Netof Current Portion LongTermDebtGrossNetofCurrentPortion	10562719000	usd
CY2022Q4	irm	Unamortized Debt Issuance Expense Net UnamortizedDebtIssuanceExpenseNet	81270000	usd
CY2022Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	10481449000	usd
CY2022Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.6185
CY2022Q2	us-gaap	Dividends Common Stock DividendsCommonStock	179661000	usd
CY2022Q2	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.6185
CY2022Q3	us-gaap	Dividends Common Stock DividendsCommonStock	179781000	usd
CY2022Q3	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.6185
CY2022Q4	us-gaap	Dividends Common Stock DividendsCommonStock	179790000	usd
CY2022Q4	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.6185
CY2023Q1	us-gaap	Dividends Common Stock DividendsCommonStock	179866000	usd
CY2023Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.6185
CY2023Q2	us-gaap	Dividends Common Stock DividendsCommonStock	180339000	usd
CY2023Q2	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.6185
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	2537580000	usd
	irm	Adjusted Earnings Before Interest Expense Net Provision Benefit For Income Taxes Depreciation And Amortization AdjustedEarningsBeforeInterestExpenseNetProvisionBenefitForIncomeTaxesDepreciationAndAmortization	885700000	usd
	us-gaap	Profit Loss ProfitLoss	243565000	usd
	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-229499000	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	28163000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	361869000	usd
	us-gaap	Business Combination Separately Recognized Transactions Expenses And Losses Recognized BusinessCombinationSeparatelyRecognizedTransactionsExpensesAndLossesRecognized	32539000	usd
	irm	Restructuring And Other Costs RestructuringAndOtherCosts	0	usd
	us-gaap	Gain Loss On Sales Of Assets And Asset Impairment Charges GainLossOnSalesOfAssetsAndAssetImpairmentCharges	51954000	usd
	irm	Other Nonoperating Income Expense Net OtherNonoperatingIncomeExpenseNet	-7412000	usd
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	31597000	usd
	irm	Reconciling Related To Unconsolidated Ventures ReconcilingRelatedToUnconsolidatedVentures	3010000	usd
	irm	Adjusted Earnings Before Interest Expense Net Provision Benefit For Income Taxes Depreciation And Amortization AdjustedEarningsBeforeInterestExpenseNetProvisionBenefitForIncomeTaxesDepreciationAndAmortization	885700000	usd
CY2023Q2	us-gaap	Restructuring Reserve RestructuringReserve	7400000	usd
CY2023Q2	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false
CY2023Q2	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false

Files In Submission

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$IRM
IRON MOUNTAIN INC Stock $irm

2023 Q3 Form 10-Q Financial Statement

#000102056923000169 Filed on August 03, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$IRM IRON MOUNTAIN INC Stock $irm

2023 Q3 Form 10-Q Financial Statement

#000102056923000169 Filed on August 03, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$IRM
IRON MOUNTAIN INC Stock $irm