IRM Q3 2026 Revenue Hits $1.99B, Up 13.5%; Raises Full-Year Guidance, Boosts Dividend 15%
· The NYC Memo
Iron Mountain reported Q3 2026 total revenues of $1.991 billion, up 13.5% year-over-year, with net income of $128.9 million versus $86.2 million in Q3 2025 and record AFFO of $458.4 million ($1.53 per share, +16% YoY). Adjusted EBITDA reached a record $748.0 million at a 37.6% margin, driven by Global Data Center revenue growth of 34% YoY to $274 million and ALM revenue growth of 43%.
The company raised full-year 2026 guidance to $7,950–$8,020 million in revenue and $1,780–$1,800 million in AFFO, and announced a 15% increase in its quarterly dividend to $0.993 per share beginning Q4 2026.