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Iron Mountain Inc. 10-Q Filings

IRM NYSE

Every 10-Q that Iron Mountain Inc. (IRM) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow IRM and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full IRM filings page.

Rhea-AI Summary

Iron Mountain Incorporated reported significantly stronger results for the quarter and six months ended June 30, 2026. Total revenues for the quarter were $2,029,062 thousand, up 18.5% year over year, and six‑month revenues were $3,965,211 thousand, up 20.0%. Growth came from higher storage rental and service revenues, including Global Data Center Business lease commencements and expansion of digital and asset lifecycle management services.

Net income for the quarter was $106,102 thousand versus a prior‑year loss, and six‑month net income was $255,101 thousand, also compared with a loss. Adjusted EBITDA rose to $727,018 thousand for the quarter and $1,434,957 thousand year‑to‑date, with Adjusted EBITDA Margin of 35.8% and 36.2%, respectively. The improvement reflects revenue growth, the absence of $105,086 thousand of prior‑year restructuring and transformation costs, and lower other expense driven by favorable foreign currency movements.

The company remains highly leveraged, with long‑term debt, net of current portion, of $17,128,840 thousand against a stockholders’ equity deficit. Operating cash flows for the six months were strong at $887,813 thousand. Iron Mountain completed a $1,500,000 6.25% Senior Notes due 2035 offering, using net proceeds of about $1,481,800 to repay part of its Revolving Credit Facility and for general corporate purposes, and continued regular dividends of $0.864 per share as a U.S. REIT.

Rhea-AI Summary

Iron Mountain Incorporated reported strong first‑quarter 2026 growth. Total revenue rose to $1.94 billion, up 21.6% from $1.59 billion, driven by higher storage rental and a 30.6% jump in service revenue, including expansion in digital solutions and asset lifecycle management.

Profitability improved sharply. Net income increased to $149.0 million from $16.2 million, with diluted EPS up to $0.48 from $0.05. Adjusted EBITDA climbed to $707.9 million, a 22.1% increase, keeping margins near 36.6%.

The Global RIM and Global Data Center businesses both delivered double‑digit revenue gains, supported by data center lease commencements and pricing. Iron Mountain invested $518.0 million of cash in capital expenditures, mainly data center growth, funded with $338.6 million of operating cash flow and access to $17.10 billion in long‑term debt. As a REIT, the company continued returning capital through dividends of $0.864 per share declared for stockholders of record as of June 15, 2026.

Rhea-AI Summary

Iron Mountain (IRM) reported stronger Q3 2025 results. Revenue rose to $1.754 billion from $1.557 billion, led by storage rental ($1.033 billion) and services ($0.721 billion). Operating income increased to $308.6 million from $251.2 million. Net income attributable to IRM was $84.3 million, reversing a loss of $33.6 million a year ago, with diluted EPS of $0.28.

Year-to-date, revenue reached $5.059 billion versus $4.569 billion. Operating cash flow was $840.0 million, while capital expenditures were $1.755 billion as the company expanded capacity. IRM issued €1.2 billion of 4.75% Euro senior notes due 2034, using $1,390,651 in net proceeds to repay revolver borrowings and to repay GBP notes in Q4. Long‑term debt rose to $15.494 billion from $13.004 billion, and property, plant and equipment, net climbed to $9.138 billion from $7.632 billion. Data center storage rental revenue grew to $201.4 million in Q3 from $150.8 million. A dividend of $0.785 per share was paid for Q3, and a $0.864 dividend was declared for payment on January 6, 2026.

Rhea-AI Summary

Iron Mountain Incorporated (IRM) 10-Q — Quarter ended June 30, 2025. Total revenues for the three months ended June 30, 2025 were $1,711,948 compared with $1,534,409 a year earlier; operating income was $259,896. Net loss attributable to Iron Mountain for the quarter was $44,921 (basic loss per share $0.15); for the six months ended June 30, 2025 net loss attributable was $28,969 (basic loss per share $0.10).

Balance sheet and cash flow highlights: total assets $20,176,789, cash and cash equivalents $217,992, long-term debt net of current portion $14,818,175. Interest expense, net for the quarter was $205,063; other expense included significant foreign currency transaction losses (quarter: $87,155). Segment Adjusted EBITDA for Q2 2025: Global RIM $586,303, Global Data Center $96,266. Company declared dividends of $0.785 per share in Feb and May 2025 and on Aug 6, 2025 announced another $0.785 per share.