Iron Mountain Q1 2026 net income rises to $149 million and full-year guidance is raised
Iron Mountain reported first-quarter 2026 total revenue of $1.9 billion, up 21.6% from a year earlier, and net income of $149 million, compared with $16 million in the first quarter of 2025. The company raised its full-year 2026 guidance for total revenue, adjusted EBITDA and AFFO per share, and its board declared a quarterly dividend of $0.864 per share payable July 3, 2026.
Key points
- Total revenue was $1,936 million, up 21.6% as reported and 18.6% excluding foreign exchange.
- Net income was $149 million, or $0.48 per diluted share, versus $16 million, or $0.05, a year earlier.
- Adjusted EBITDA was $708 million, up 22.1%, and AFFO was $426 million, or $1.43 per share.
- Full-year 2026 total revenue guidance is $7,825 million to $7,925 million, up from $7,625 million to $7,775 million; AFFO per share guidance is $5.79 to $5.86, up from $5.69 to $5.79.
The filing
Written by AI on Nov 8, 2026, 1:10 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 30, 2026.
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