In Q1 FY2026 (ended March 31, 2026), Iron Mountain reported revenue of $1.94 billion, up 21.6% year-over-year. Operating income rose 55.4% to $395.2 million, and net income surged 511.9% to $252.7 million. Diluted EPS was $0.48, an 860% increase. The company had $250.7 million in cash, negative equity of $1.22 billion, and long-term debt of $17.1 billion.
•Revenue grew 21.6% YoY to $1.94 billion.
•Operating income increased 55.4% to $395.2 million.
•Net income rose 511.9% to $252.7 million; diluted EPS was $0.48 (up 860%).
•Long-term debt stood at $17.1 billion with negative equity of $1.22 billion.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Iron Mountain Incorporated is trusted by more than 240,000 customers in 61 countries including approximately 95% of the Fortune 1000, to help unlock value and intelligence from their assets through services that transcend the physical and digital worlds.
Our broad range of solutions address their information management, digital transformation, information security, data center and asset lifecycle management needs. Iron Mountain Incorporated is based in Portsmouth, New Hampshire. Iron Mountain Incorporated was founded in 1951 and is incorporated in Delaware.
Iron Mountain Incorporated is a global leader in information management services, trusted by more than 240,000 customers across 61 countries, including approximately 95% of the Fortune 1000. The company helps organizations unlock value and intelligence from their assets through services that span both physical and digital realms. Its broad range of solutions addresses information management, digital transformation, information security, data center operations, and asset lifecycle management. By offering these integrated services, Iron Mountain enables businesses to securely store, manage, and protect their critical data and physical records, while also supporting digital initiatives and compliance needs.
Where is Iron Mountain (IRM) listed and in which currency?
Iron Mountain Incorporated is listed on the New York Stock Exchange (NYSE) under the ticker symbol IRM. Its shares are traded in US dollars (USD), reflecting its primary listing in the United States. As a US-based real estate investment trust (REIT), the company's financial reporting and dividend payments are also denominated in USD, making it accessible to investors trading on US markets.
What sector and industry does Iron Mountain (IRM) belong to?
Iron Mountain operates in the Real Estate sector and is classified under the REIT - Specialty industry. As a real estate investment trust, it focuses on owning and operating income-producing real estate assets, specifically specialized properties such as data centers and records storage facilities. The 'Specialty' designation indicates that its properties are tailored for specific uses, like information storage and data management, rather than general-purpose real estate. This structure allows Iron Mountain to pass through most of its taxable income to shareholders as dividends.
Where is Iron Mountain (IRM) headquartered and what markets does it serve?
Iron Mountain Incorporated is headquartered in Portsmouth, New Hampshire, United States. The company has a global footprint, serving more than 240,000 customers in 61 countries. Its client base includes approximately 95% of the Fortune 1000, highlighting its strong presence among large enterprises. By operating across multiple geographies, Iron Mountain provides information management, data center, and asset lifecycle services to organizations worldwide, helping them manage both physical and digital assets securely and efficiently.
How does Iron Mountain (IRM) make money?
Iron Mountain generates revenue through a range of services that address information management, digital transformation, information security, data center operations, and asset lifecycle management. Its business model is based on long-term contracts with customers, providing recurring revenue streams from storage and service fees. The company owns and operates a vast network of storage facilities and data centers, charging clients for physical records storage, secure shredding, data backup, and cloud-based solutions. Additionally, Iron Mountain offers value-added services like digitization, document management, and compliance support, which contribute to its income. As a REIT, it distributes the majority of its taxable income to shareholders as dividends.