Organic Storage Rental Growth Accelerates
Organic storage rental revenue grew 11.8% year-to-date, with the Global Data Center segment leading at 40.2% organic growth, driven by lease commencements and improved pricing.
At the archive date, IRON MOUNTAIN INC was expected to release its Q3 2026 10-Q filing on November 3, 2026, before market open. Last quarter: Iron Mountain delivered strong organic revenue growth and a return to profitability in Q2 FY2026, driven by data center expansion and digital services, while managing higher costs and a shifting revenue mix.
EPS Estimate
$0.62
Revenue Estimate
$2.01B
Analyst consensus captured from Finnhub and Financial Modeling Prep. This archived preview is no longer updated with later results; see the IRM page for retained reports.
Drawn from management commentary in the Q2 2026 10-Q:
Organic storage rental revenue grew 11.8% year-to-date, with the Global Data Center segment leading at 40.2% organic growth, driven by lease commencements and improved pricing.
Total Adjusted EBITDA increased 18.8% year-to-date to $1,434.96 million, though the margin decreased 40 basis points due to revenue mix changes, including growth in lower-margin ALM product sales.
Management highlighted that the One Big Beautiful Bill Act increased the REIT taxable subsidiary asset limit to 25%, and the OECD Pillar Two SbS Safe Harbor could exempt the company from certain top-up taxes.
Revenue
$2.03B
+18.52% YoY
EPS (Diluted)
$0.34
+326.67% YoY
Operating Income
$373.53M
+43.72% YoY
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