IRM · 10-Q · 2026Q2 · Full report

End-Market Demand Trends

IRON MOUNTAIN INC · 2026-08-05 · Importance 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 Center Business. Organic service revenue increased 24.6%, supported by Global Digital Solutions, traditional records-management activity, and growth from new and existing customers in the asset lifecycle management (ALM) business. Management expects storage rental volume in Global RIM to remain relatively stable in the near term, while digital offerings, traditional services, ALM services, and new product offerings are expected to support continued growth.

Key facts

• Organic storage rental revenue growth is primarily driven by revenue management in our Global RIM Business segment and lease commencements in our Global Data Center Business segment (stated expectation for near term volume stability in Global RIM). source