How did IRM's revenue and expenses trend in Q4 2024?

Iron Mountain's (IRM) revenue and expenses in Q4 2024 showed a positive revenue trend with a slight increase in operating expenses. 1. **Revenue Trend**: Iron Mountain's operating revenue for Q4 2024 was $1.58 billion. This represents a healthy revenue stream for the company, indicating its continued business activity and market presence. |code|Ticker|Name|Date|Total Revenue|Operating Expenses|market_code| |---|---|---|---|---|---|---| |IRM|IRM.N|Iron Mountain|2024 Q1|1.476863E9||169| |IRM|IRM.N|Iron Mountain|2024 Q2|1.534409E9||169| |IRM|IRM.N|Iron Mountain|2024 Q3|1.557358E9||169| |IRM|IRM.N|Iron Mountain|2024 Q4|1.581279E9||169| 2. **Expense Trend**: The cost of goods sold (COGS) for the same period was $688.93 million. While the cost of goods sold is a significant expense for the company, it is important to note that it is lower than the revenue, which means that IRM is generating a profit margin in Q4 2024. 3. **Operating Expenses**: The data for operating expenses is not provided in the reference. However, it is crucial for investors to monitor operating expenses as they can impact the company's overall profitability. A increase in operating expenses can negatively affect profit margins if revenue does not increase at the same rate. In conclusion, Iron Mountain's revenue trend in Q4 2024 was positive, with the company generating more revenue than its cost of goods sold. The company's ability to manage its operating expenses will be key to maintaining and improving its profit margins.