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Other financials

Income statement

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Revenue$2.0B+18.5%
Gross profit$1.1B+11.8%
Operating income$373.5M+43.7%
EPS (diluted)$0.34+327%

Balance sheet

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Cash & equivalents$204.8M-6.1%
Total debt$20.4B+10.3%
Total equity-$1.3B-66.9%
Total assets$22.0B+8.8%

Cash flow

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Operating cash flow$549.3M+46.4%
CapEx$588.2M+5.6%
Free cash flow-$38.9M+78.6%

Valuation

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Market cap$36.15B+33.2%
Enterprise value$56.38B+24.1%
P/E83.2×-521×
P/S4.8×+0.6×

Profitability

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Gross margin54.2%-1.8pp
Operating margin18.8%+2.5pp
Net margin5.7%+5.0pp
FCF margin-6.5%-2.4pp

Returns & leverage

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Return on equity70.5%-19.4pp
Debt / equity855.6×+830×
Current ratio0.7×+0.1×

Where this comes from

Reported directly by Iron Mountain in its filing.

Tagged under the XBRL concept us-gaap:ProfitLoss.

The source filing: Iron Mountain’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:13 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001020569-26-000071
Line itemTHREE MONTHS ENDED JUNE 30, 2026THREE MONTHS ENDED JUNE 30, 2025
Other Expense (Income), Net29,17881,877
Net Income (Loss) Before Provision (Benefit) for Income Taxes120,904(27,044)
Provision (Benefit) for Income Taxes14,80216,296
Net Income (Loss)106,102(43,340)
Less: Net Income (Loss) Attributable to Noncontrolling Interests4,6721,581
Net Income (Loss) Attributable to Iron Mountain Incorporated$101,430$(44,921)
Net Income (Loss) Per Share Attributable to Iron Mountain Incorporated:
Basic$0.34$(0.15)

ITEM 1. UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FAQ

What is Iron Mountain's net income?
Iron Mountain (IRM) reported net income of $106.1M in Q2 2026.
How has Iron Mountain's net income changed year-over-year?
Iron Mountain's net income increased by 344.8% year-over-year, from -$43.34M to $106.1M.
What is the long-term trend for Iron Mountain's net income?
Over 4 years (2021 to 2025), Iron Mountain's net income has grown at a -23.8% compound annual growth rate (CAGR), from $452.73M to $152.25M.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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