Iron Mountain Q2 revenue rises 18.5% to $2.0 billion; raises 2026 guidance
Iron Mountain reported second quarter 2026 total revenue of $2.0 billion, up 18.5% from a year earlier, and net income of $106.1 million, compared with a net loss of $43.3 million in the second quarter of 2025. The company raised its full-year 2026 guidance, with adjusted EBITDA now expected at $2,945 million to $2,975 million, which matters to shareholders because it signals higher expected earnings for the year.
Key points
- Q2 2026 adjusted EBITDA was $727.0 million, up 15.7% from $628.4 million in Q2 2025.
- Q2 2026 AFFO per share was $1.44, compared with $1.24 in Q2 2025.
- Full-year 2026 AFFO per share guidance is now $5.87 to $5.93, up from $5.79 to $5.86.
- The board declared a third quarter dividend of $0.864 per share, payable October 2, 2026, to holders of record on September 15, 2026.
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 August 05, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.