IRM · Earnings call · 2026Q2T · Full report
Revenue Performance and Mix
IRON MOUNTAIN INC · 2026-08-05 · Importance 58 · Surprise 40 · In source text
Second-quarter revenue was $2.03 billion, up $317 million or 19% year-over-year on a reported basis, 18% in constant currency and 17% organically.,Data Center, Asset Lifecycle Management and Digital businesses collectively grew more than 50% and represented 35% of revenue, up 750 basis points from the prior year.,Recurring revenue exceeded 45% of the Digital business, while the three growth businesses accounted for more than 30% of consolidated revenue.,Foreign exchange contributed approximately $14 million of year-over-year revenue, although the benefit was below the amount assumed in the prior outlook.
Key facts
- IRON MOUNTAIN INC revenue in Q2 2026: $2.03 billion, up $317 million year-on-year.
- IRON MOUNTAIN INC revenue increase year-over-year: 19% reported, 18% constant currency, 17% organic for Q2 2026.
- IRON MOUNTAIN INC said they have never stored more physical volume on behalf of clients than currently, with sequential increase of approximately 2.5 million cubic feet in Global RIM reported supplemental.
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | +15.6% | IRON MOUNTAIN INC revenue in Q2 2026: $2.03 billion, up $317 million year-on-year. |