IRM · Real Estate

IRON MOUNTAIN INC

Ranked earnings events from SEC filings, earnings calls, press releases and news. Full Picture: what to focus on this earnings window

News · 2026-08-08

• Revenue Performance and MixImportance 54 · Surprise 40
  Iron Mountain reported second-quarter 2026 revenue of $2.03 billion, up 18.5% year over year and above estimates by 3.2%. Growth reflected increases in storage rental and service revenue. Global Digital Solutions,…
• Operating Income and MarginsImportance 48 · Surprise 40
  Second-quarter adjusted EBITDA increased 16% year over year to $727 million. Adjusted EBITDA exceeded market expectations alongside revenue and AFFO. The improvement was supported by growth in data centers, Asset…
• Quarterly Dividend DeclarationImportance 13 · Surprise 6
  Iron Mountain declared a quarterly cash dividend of $0.864 per share following its second-quarter 2026 results. The dividend was cited as a current shareholder distribution alongside the company’s raised full-year…

News · 2026-08-06

• Net Income and ProfitabilityImportance 64 · Surprise 82
  Iron Mountain reported second-quarter net income of $101.43 million, compared with a loss in the prior-year quarter. A separate earnings report cited net income of $106.1 million, indicating a difference among…
• Datacenter Demand TrendsImportance 23 · Surprise 24
  Iron Mountain’s Global Data Center business was identified as a key driver of stronger second-quarter performance. Third-party reporting described accelerated data-center growth alongside expansion in Asset Lifecycle…

10-Q · 2026-08-05

• Operating Margin DriversImportance 64 · Surprise 56
  Six-month 2026 operating income increased 49.5% year over year to $768.8 million, while operating expenses increased 14.6% to $3,196.5 million against 20.0% revenue growth. Adjusted EBITDA increased 18.8% to $1,435.0…
• Capital Expenditure ProgramImportance 64 · Surprise 42
  Iron Mountain spent $1,106.2 million in cash capital expenditures during the six months ended June 30, 2026, including $880.1 million for data-center growth investment. Total capital spend on an accrual basis was…
• DividendsImportance 64 · Surprise 42
  Iron Mountain paid $532.7 million of common-stock dividends during the six months ended June 30, 2026. On August 5, 2026, the company declared a $0.864-per-share dividend for stockholders of record on September 15,…
• Liquidity and Debt PositionImportance 64 · Surprise 42
  Cash from operating activities increased $315.4 million year over year to $887.8 million, while cash and cash equivalents ended the period at $204.8 million. Total long-term debt was $17,482.1 million gross and…
• FX / Currency ImpactImportance 63 · Surprise 64
  Foreign-currency transaction gains were $38.4 million for the six months ended June 30, 2026, compared with $116.8 million of losses in the prior-year period, producing a $155.2 million year-over-year improvement. The…
• Revenue Performance and MixImportance 59 · Surprise 48
  Six-month 2026 revenue increased 20.0% year over year to $3,965.2 million, including 13.8% growth in storage rental revenue to $2,229.4 million and 29.0% growth in service revenue to $1,735.8 million. Organic revenue…
• Operating Expense TrendsImportance 59 · Surprise 48
  Six-month cost of sales increased $383.4 million, or 26.2%, to $1,848.4 million, raising its revenue ratio from 44.3% to 46.6%. Product cost of sales and other expense increased $221.1 million, or 96.7%, primarily in…
• Datacenter Capacity ExpansionImportance 58 · Surprise 56
  The Global Data Center Business expanded rapidly, with organic segment revenue growth of 41.4% for the six months ended June 30, 2026, primarily from leases commencing during 2026 and prior periods. Growth investment…
• Interest Rate and Refinancing ExposureImportance 56 · Surprise 24
  Iron Mountain’s Credit Agreement and bond indentures impose leverage and fixed-charge coverage covenants that constrain acquisitions, dividends, additional debt, investments and asset sales. As of June 30, 2026, the…
• Guidance / OutlookImportance 52 · Surprise 42
  Iron Mountain expects continued total revenue and Adjusted EBITDA growth during 2026, supported by new product and service offerings, cross-selling, innovation, customer solutions and market expansion. Organic storage…
• Income Tax Rate ChangesImportance 51 · Surprise 64
  The six-month 2026 effective tax rate was 14.1%, compared with 773.6% in the prior-year period, when the rate was distorted by a net loss position. Six-month 2026 income-tax provision was $41.9 million on net income of…
• End-Market Demand TrendsImportance 47 · Surprise 48
  Iron Mountain’s organic storage rental revenue grew 11.8% for the six months ended June 30, 2026, driven by revenue management in the Global RIM Business and lease commencements and improved pricing in the Global Data…
• Manufacturing and CapacityImportance 41 · Surprise 48
  Iron Mountain’s ALM business experienced higher product cost of sales in line with increased product sales from new and existing customers, indicating expanded activity in its product-related operations. The company…
• Data Center Joint VentureImportance 40 · Surprise 42
  During the quarter ended June 30, 2026, Iron Mountain entered into an agreement with a partner to form Iron Mountain Data Centers Virginia 9 JV, LP. The transaction produced approximately $49.9 million of…
• Customer DynamicsImportance 31 · Surprise 32
  Iron Mountain reported service growth from both new and existing customers in its ALM business during the six months ended June 30, 2026. ALM product sales increased in line with demand from those customer groups,…
• Products and TechnologyImportance 26 · Surprise 24
  Global Digital Solutions and traditional records-management services were important drivers of organic service growth in the Global RIM Business during the first six months of 2026. Iron Mountain also highlighted new…

8-K · 2026-08-05

• Guidance and OutlookImportance 80 · Surprise 68
  Iron Mountain increased its full-year 2026 revenue guidance to $7.940 billion-$8.010 billion, representing approximately 16% growth at the midpoint versus the prior $7.825 billion-$7.925 billion range. Full-year…
• Guidance / OutlookImportance 80 · Surprise 68
  Iron Mountain increased its full-year 2026 guidance following second-quarter outperformance. New total revenue guidance is $7,940–$8,010 million, approximately 16% growth at the midpoint, compared with prior guidance…
• Revenue Performance and MixImportance 64 · Surprise 48
  Second-quarter 2026 total revenue was $2.029 billion, up 18.5% year over year and 4.8% sequentially from $1.936 billion in Q1 2026. Storage rental revenue increased 12.3% year over year to $1.135 billion and 3.6%…
• Operating Income and MarginsImportance 64 · Surprise 56
  Second-quarter operating income increased 43.7% year over year to $373.5 million from $259.9 million, but declined 5.5% sequentially from $395.2 million. Adjusted EBITDA rose 15.7% year over year to $727.0 million and…
• Operating Expense TrendsImportance 64 · Surprise 48
  Second-quarter cost of sales increased 27.0% year over year to $958.6 million and 7.7% sequentially from $889.8 million, exceeding the 18.5% revenue growth rate. Selling, general and administrative expense rose 3.0%…
• Market Demand TrendsImportance 64 · Surprise 48
  Iron Mountain’s second-quarter storage rental revenue increased 12% year over year to $1.135 billion, while service revenue increased 27% to $894 million. The company said growth businesses comprising data center,…
• Headcount / RestructuringImportance 59 · Surprise 82
  Iron Mountain recorded no restructuring or other transformation expense in Q2 2026, compared with $50.3 million in Q2 2025. Year-to-date restructuring and transformation expense was also zero, compared with $105.1…
• Quarterly Dividend DeclarationImportance 49 · Surprise 6
  Iron Mountain’s board declared a third-quarter 2026 cash dividend of $0.864 per common share on August 5, 2026. The dividend is payable on October 2, 2026, to shareholders of record at the close of business on…
• Liquidity and Debt PositionImportance 42 · Surprise 14
  Cash and cash equivalents increased to $204.8 million at June 30, 2026, from $158.5 million at December 31, 2025. Total debt, including current and long-term portions, rose to approximately $17.350 billion from $16.432…
• Datacenter Capacity ExpansionImportance 31 · Surprise 42
  Iron Mountain is accelerating data center leasing as part of its growth strategy. The company reported 110 megawatts leased year to date through July 2026, including 13 megawatts in the second quarter and 75 megawatts…
• Capital ExpendituresImportance 29 · Surprise 22
  Recurring capital expenditures were $38.0 million in Q2 2026, up 9.2% from $34.8 million in Q2 2025 and 7.7% sequentially from $35.3 million in Q1 2026. Year-to-date recurring capital expenditures totaled $73.3…
• Datacenter Demand TrendsImportance 23 · Surprise 24
  Iron Mountain leased 110 megawatts of data center capacity year to date through July 2026. Leasing included 13 megawatts in the second quarter and an additional 75 megawatts in July, indicating accelerating customer…

News · 2026-08-05

• Net Income and ProfitabilityImportance 64 · Surprise 82
  Iron Mountain reported second-quarter net income of $101.43 million, compared with a loss in the prior-year quarter. A separate earnings report cited net income of $106.1 million, indicating a difference among…
• Revenue Performance and MixImportance 54 · Surprise 40
  Iron Mountain reported second-quarter 2026 revenue of $2.03 billion, up 18.5% year over year and above estimates by 3.2%. Growth reflected increases in storage rental and service revenue. Global Digital Solutions,…
• Guidance / OutlookImportance 51 · Surprise 60
  Iron Mountain raised its full-year 2026 outlook after second-quarter revenue, adjusted EBITDA and AFFO exceeded expectations. The revised outlook was attributed to stronger-than-expected execution and continued…
• Operating Income and MarginsImportance 48 · Surprise 40
  Second-quarter adjusted EBITDA increased 16% year over year to $727 million. Adjusted EBITDA exceeded market expectations alongside revenue and AFFO. The improvement was supported by growth in data centers, Asset…
• Quarterly Dividend DeclarationImportance 13 · Surprise 6
  Iron Mountain declared a quarterly cash dividend of $0.864 per share following its second-quarter 2026 results. The dividend was cited as a current shareholder distribution alongside the company’s raised full-year…

News · 2026-08-04

• Guidance / OutlookImportance 51 · Surprise 60
  Iron Mountain raised its full-year 2026 outlook after second-quarter revenue, adjusted EBITDA and AFFO exceeded expectations. The revised outlook was attributed to stronger-than-expected execution and continued…