Iron Mountain Q2 revenue $2.03B (+18.5% YoY), net income $106M, raises FY guidance

IRON MOUNTAIN INC

Q2 revenue $2.03B (+18.5% reported, +17.6% constant currency); net income $106M vs loss $43M in Q2 2025.
Adjusted EBITDA $727M (+15.7% YoY); AFFO $433M ($1.44/share, +17%).
Growth businesses (data center, digital, ALM) grew >50% YoY; data center leasing 110 MW YTD including 75 MW in July.
Board declared Q3 dividend $0.864/share, payable Oct 2, record Sep 15.
Raised FY 2026 guidance: revenue $7.94-8.01B, Adj EBITDA $2.945-2.975B, AFFO $1.76-1.78B.

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