The financials
Iron Mountain by the numbers
Iron Mountain (IRM) reported revenue of $2.03B in Q2 2026 (quarter ended June 30, 2026), up 19% from the same quarter a year earlier. That came with net income of $106M (5.2% of revenue). For the full year FY2025, revenue was $6.90B (+12% year on year) and net income $152M. Its largest product in 2026-Q2 was Storage Rental at $1.13B, 49% of the disclosed total, just ahead of Service at 39%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $2.03B | $1.71B | +19% |
| Operating income | $374M | $260M | +44% |
| Net income | $106M | −$43M | to a profit |
| Diluted EPS | $0.34 | −$0.15 | to a profit |
| Product | Revenue | Share |
|---|---|---|
| Storage Rental | $1.13B | 49% |
| Service | $894M | 39% |
| Information Destruction | $157M | 6.8% |
| Data Management | $123M | 5.3% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q2 2026Total $2.31B (+4.5%)
Service grew +27% year on yearData Management -0.64% year on year
Segment Latestquarter on quarteryear on year
- Storage Rental$1.13B$1.13BQoQ +3.6%year on year +12%+3.6%+12%
- Service$894.5M$894.5MQoQ +6.3%year on year +27%+6.3%+27%
- Information Destruction$157.0M$157.0MQoQ +4.0%year on year +8.8%+4.0%+8.8%
- Data Management$123.1M$123.1MQoQ +0.16%year on year -0.64%+0.16%-0.64%
- Data Center$0.00$0.00QoQ -year on year ---
REIT - Specialty
Ranks #11 of 13 by Smart Score