Iron Mountain (IRM) filed an 8-K on November 5, 2025, reporting record financial performance for the third quarter ended September 30, 2025.
Q3 2025 Financial Highlights: Revenue reached \(1.8 billion (+12.6% reported / +13% YoY). Adjusted EBITDA was \)660 million (+16.2% YoY). AFFO was \(393 million, or \)1.32 per share (+16.8% YoY). The company returned to profitability with a Net Income of $86 million. Organic Storage Rental Revenue grew 9.4%, while Growth businesses (Data Center, Digital, and ALM) collectively grew over 30% YoY.
Strategic Updates & Guidance: Full-year 2025 guidance,
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