Iron Mountain Q2 FY26 earnings

Revenue $2.03B, up 18.5% on a year earlier. Service revenue $894.45M, up 27.4%. Storage Rental Revenue $1.13B, up 12.3%. Diluted EPS $0.34 against -$0.15.

The results

Q2 FY26Q1 FY26Q2 FY25Year over year
Revenue$2.03B$1.94B$1.71B+18.5%
Operating income$373.53M$395.23M$259.90M+43.7%
Net income$106.10M$149.00M-$43.34M
Diluted EPS$0.34$0.48-$0.15
Operating cash flow$549.26M$338.55M$375.13M+46.4%
Capital expenditures-$588.19M-$518.01M-$556.76M
Free cash flow-$38.93M-$179.46M-$181.63M
Dividend per share$0.86$0.86$0.79

KPIs this quarter

Q2 FY26Q2 FY25Year over year
Service revenue$894.45M$702.00M+27.4%
Storage Rental Revenue$1.13B$1.01B+12.3%
Constant Currency Revenue Growth17.6%11%
Organic revenue growth17%5%
Global RIM Revenue$1.43B$1.32B+8.3%

Sources

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Stock Atlas, “Iron Mountain (IRM) Q2 FY26 earnings: results and KPIs”, stockatlas.com/companies/IRM/earnings/2026-q2/, data as of 3 November 2026. Links to this page are welcome.