Iron Mountain (IRM) reported second-quarter 2026 revenue of $2.0 billion, up 18.5% on a reported basis from the prior-year quarter. Net income was $106.1 million, compared with a net loss of $43.3 million in Q2 2025.
The company said data center, digital and asset lifecycle management businesses collectively grew more than 50% year over year in the quarter. Iron Mountain also increased its full-year 2026 guidance and declared a quarterly cash dividend of $0.864 per share.
- Total revenue was $2.029 billion for Q2 2026, compared with $1.712 billion in Q2 2025.
- Net income was $106.1 million, compared with a net loss of $43.3 million a year earlier.
- Reported EPS was $0.34, compared with a loss of $0.15 in Q2 2025.
- Data center leasing totaled 110 megawatts year to date, including 13 megawatts in Q2 and 75 megawatts in July.
- 2026 guidance now calls for total revenue of $7.940 billion to $8.010 billion.
- Dividend of $0.864 per share is payable Oct. 2, 2026, to shareholders of record on Sept. 15, 2026.
$IRM Insider Trading Activity
$IRM insiders have traded $IRM stock on the open market 42 times in the past 6 months. Of those trades, 0 have been purchases and 42 have been sales.
Here’s a breakdown of recent trading of $IRM stock by insiders over the last 6 months:
- WILLIAM L MEANEY (President and CEO) has made 0 purchases and 30 sales selling 587,004 shares for an estimated $64,363,225.
- MITHU BHARGAVA (EVP, GM Digital Business Unit) has made 0 purchases and 5 sales selling 59,725 shares for an estimated $6,248,238.
- MARK KIDD (EVP, GM Data Centers & ALM) has made 0 purchases and 3 sales selling 18,000 shares for an estimated $1,908,900.
- DANIEL BORGES (SVP & Chief Accounting Officer) sold 7,189 shares for an estimated $902,219
- JENNIFER ALLERTON sold 7,000 shares for an estimated $762,160
- PAMELA M ARWAY sold 1,892 shares for an estimated $244,011
- WALTER C RAKOWICH sold 757 shares for an estimated $94,208
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$IRM Hedge Fund Activity
We have seen 534 institutional investors add shares of $IRM stock to their portfolio, and 425 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- COHEN & STEERS, INC. removed 2,734,375 shares (-14.5%) from their portfolio in Q1 2026, for an estimated $279,289,062
- CONTOUR ASSET MANAGEMENT LLC removed 1,387,359 shares (-49.0%) from their portfolio in Q1 2026, for an estimated $141,704,848
- DAIWA SECURITIES GROUP INC. removed 1,245,893 shares (-40.1%) from their portfolio in Q2 2026, for an estimated $157,368,744
- MORGAN STANLEY added 1,053,274 shares (+29.3%) to their portfolio in Q1 2026, for an estimated $107,581,406
- AQR CAPITAL MANAGEMENT LLC added 922,877 shares (+100.0%) to their portfolio in Q1 2026, for an estimated $94,262,656
- CITADEL ADVISORS LLC removed 744,417 shares (-66.5%) from their portfolio in Q1 2026, for an estimated $76,034,752
- JANE STREET GROUP, LLC added 707,441 shares (+inf%) to their portfolio in Q1 2026, for an estimated $72,258,023
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$IRM Congressional Stock Trading
Members of Congress have traded $IRM stock 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $IRM stock by members of Congress over the last 6 months:
- SENATOR MARKWAYNE MULLIN sold up to $15,000 on 02/04.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.
