Iron Mountain reports record Q3 2026 results and raises dividend
Iron Mountain announced third‑quarter 2026 revenue of $2.0 billion, a 13.5% increase on a reported basis, and net income of $129 million. Adjusted EBITDA reached $748 million with a 37.6% margin, and the company signed 102 MW of data‑center leases in the quarter, bringing year‑to‑date leases to 137 MW. The board increased the quarterly cash dividend by 15% to $0.993 per share, payable January 6 2027.
Why it matters
The higher dividend signals strong cash flow and may attract income‑focused investors. The raised full‑year guidance and record operating performance suggest continued growth in the data‑center and digital services segments, which could support the stock’s valuation.
Key facts
- 1Q3 2026 revenue was $2.0 billion, up 13.5% on a reported basis. sec.gov
- 2Q3 2026 net income was $129 million, compared with $86 million in Q3 2025. sec.gov
- 3Adjusted EBITDA for the quarter was $748 million, an increase of 13.3% and a margin of 37.6%. sec.gov
- 4Data‑center leasing amounted to 102 MW in Q3, for a total of 137 MW year‑to‑date. sec.gov
- 5The quarterly dividend was increased 15% to $0.993 per share, payable January 6 2027. sec.gov
- 6Full‑year 2026 revenue guidance was raised to a range of $7.95 billion‑$8.02 billion. sec.gov
Summary written by AlphAI AI Desk from 13 of 13 sources. Not investment advice. Figures are as stated by the linked sources.