NYSE$IRM
Iron Mountain Inc · Q3 2022 earnings
Q3 2022 earnings · · Investor relations
Briefing
Achieved record quarterly Adjusted EBITDA and AFFO.
Iron Mountain Incorporated reported strong financial results for the third quarter of 2022, including record Adjusted EBITDA and AFFO. Total revenue increased by 13.9% to $1.29 billion, driven by a 32.8% increase in Service revenue and a 9.8% increase in Storage rental revenue. Net income was $192.9 million, compared to $68.1 million in the third quarter of 2021.
- Total reported Revenues for the third quarter were $1.29 billion, compared with $1.13 billion in the third quarter of 2021, an increase of 13.9%.
- Net Income for the third quarter was $192.9 million compared with $68.1 million in the third quarter of 2021.
- Adjusted EBITDA for the third quarter was $469.4 million, compared with $417.8 million in the third quarter of 2021, an increase of 12.4%.
- AFFO was $288.0 million for the third quarter, compared with $263.5 million in the third quarter of 2021, an increase of 9.3%.
Headline financials
Revenue & EPS history
Iron Mountain · Revenue · Quarterly
$1.29B
Revenue by segment
Iron Mountain · $1.29B total across 2 segments · Q3 2022
- Storage Rental$760M+5.8%59.1%
- Service$527M+28.1%40.9%
Forward guidance
Iron Mountain affirmed full year 2022 guidance.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2022
+0.8%
Avg return
Earnings day
+1.6%
Avg return
5 days after
+3.6%
Avg return
30 days after
54%
38 / 70 earnings
Positive
+15.2%
Q4 2021
Best reaction
-9.5%
Q1 2019
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +14.2% | +15.0% | +12.0% | |
| Q4 2025 | +5.8% | +8.6% | +6.6% | |
| Q3 2025 | -2.8% | -1.0% | -18.4% | |
| Q2 2025 | -5.8% | -6.3% | -3.5% | |
| Q1 2025 | +2.4% | +8.1% | +10.1% | |
| Q4 2024 | -7.3% | -8.3% | -15.7% | |
| Q3 2024 | -7.0% | -6.6% | -4.4% | |
| Q2 2024 | +4.0% | +3.8% | +10.4% | |
| Q1 2024 | -3.6% | -0.6% | +3.3% | |
| Q4 2023 | +9.5% | +8.0% | +15.9% | |
| Q3 2023 | +3.5% | -0.8% | +9.8% | |
| Q2 2023 | -1.2% | -1.4% | +3.2% | |
| Q1 2023 | +2.2% | +1.1% | +0.1% | |
| Q4 2022 | +3.3% | +4.2% | -0.4% | |
| Q3 2022 | +0.5% | +2.7% | +12.0% | |
| Q2 2022 | +8.1% | +10.2% | +7.8% | |
| Q1 2022 | -1.3% | -3.4% | +1.0% | |
| Q4 2021 | +15.2% | +17.6% | +26.3% | |
| Q3 2021 | -1.2% | -1.3% | -2.4% | |
| Q2 2021 | +3.8% | +6.1% | +14.0% | |
| Q1 2021 | +6.6% | +8.3% | +17.9% | |
| Q4 2020 | +7.8% | +8.2% | +16.1% | |
| Q3 2020 | +0.7% | +2.0% | +9.5% | |
| Q2 2020 | +1.6% | +2.0% | +4.1% | |
| Q1 2020 | +12.1% | +5.4% | +35.5% | |
| Q4 2019 | +4.2% | +7.1% | -8.8% | |
| Q3 2019 | +0.1% | -0.3% | -4.1% | |
| Q2 2019 | +6.9% | +4.8% | +8.3% | |
| Q1 2019 | -9.5% | -9.4% | -12.6% | |
| Q4 2018 | -2.0% | -1.3% | -2.5% | |
| Q3 2018 | -5.5% | -2.0% | +0.5% | |
| Q2 2018 | -1.5% | -0.4% | +1.3% | |
| Q1 2018 | +2.1% | +1.0% | -2.3% | |
| Q4 2017 | -4.7% | -6.7% | -3.6% | |
| Q3 2017 | -0.6% | -0.1% | +2.7% | |
| Q2 2017 | +4.8% | +6.2% | +10.7% | |
| Q1 2017 | -3.7% | -2.1% | -2.6% | |
| Q4 2016 | -0.6% | -2.1% | -6.5% | |
| Q3 2016 | -4.8% | -3.8% | -3.6% | |
| Q2 2016 | -6.1% | -8.6% | -3.6% | |
| Q1 2016 | +1.4% | — | — | |
| Q4 2015 | +1.5% | — | — | |
| Q3 2015 | +5.0% | — | — | |
| Q2 2015 | -2.0% | — | — | |
| Q1 2015 | -2.3% | — | — | |
| Q4 2014 | -6.5% | — | — | |
| Q3 2014 | +1.2% | — | — | |
| Q2 2014 | +0.1% | — | — | |
| Q1 2014 | -1.2% | — | — | |
| Q4 2013 | -3.4% | — | — | |
| Q3 2013 | -1.1% | — | — | |
| Q2 2013 | +1.6% | — | — | |
| Q1 2013 | +1.2% | — | — | |
| Q4 2012 | -1.0% | — | — | |
| Q3 2012 | +3.6% | — | — | |
| Q2 2012 | +4.7% | — | — | |
| Q1 2012 | +1.7% | — | — | |
| Q4 2011 | -1.7% | — | — | |
| Q3 2011 | -3.0% | — | — | |
| Q2 2011 | -3.9% | — | — | |
| Q1 2011 | +0.9% | — | — | |
| Q4 2008 | -2.1% | — | — | |
| Q4 2010 | -2.1% | — | — | |
| Q3 2010 | +0.2% | — | — | |
| Q3 2009 | +0.2% | — | — | |
| Q2 2010 | -1.6% | — | — | |
| Q2 2009 | -1.6% | — | — | |
| Q4 2009 | +4.8% | — | — | |
| Q1 2009 | +4.8% | — | — | |
| Q1 2010 | +4.8% | — | — |
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