Iron Mountain Q1 record revenue $1.94B, net income $149M, raises FY2026 guidance

IRON MOUNTAIN INC

2026-Q1 EPS reported $0.48 vs consensus $0.52 ▼ miss (-7.7%)

Q1 total revenue $1.936B, +21.6% reported / +18.6% constant currency YoY.
Net income $149M (vs $16M a year ago); Adjusted EBITDA $708M (+22%); AFFO $426M ($1.43/share, +22%).
Raised FY2026 guidance: revenue $7,825-$7,925M (prev. $7,625-$7,775M); Adj. EBITDA $2,925-$2,965M.
Growth businesses (data center, digital, ALM) grew >50% YoY; data center leased 32MW through April.
Quarterly dividend of $0.864/share declared, payable July 3, 2026 to holders of record June 15, 2026.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

IRON MOUNTAIN INC reported first quarter of 2026 results: revenue $1.9 billion, net income $149 million, EPS $0.48. Guidance raised.

Period: first quarter of 2026
Revenue: $1.9 billion
Net income: $149 million
EPS: $0.48
Guidance: raised
Result: reported results

Exact text from the filing

FOR IMMEDIATE RELEASE Iron Mountain Reports First Quarter 2026 Results • Delivers record quarterly results across all key performance metrics • Achieves quarterly revenue of $1.9 billion, an increase of 21.6% on a reported basis and an increase of 18.6% excluding the effects of foreign exchange • Organic revenue growth of 17.2% year over year in the first quarter

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Source: SEC EDGAR

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