Iron Mountain Reports Strong Q1 2025 Earnings

Summary

Iron Mountain Incorporated announced its financial results for the first quarter of 2025, reporting a 7.8% increase in total revenue to $1.6 billion. The company achieved a net income of $16 million and record Adjusted EBITDA of $580 million. Management increased the full-year 2025 guidance based on the strong Q1 performance and positive outlook. Iron Mountain also declared a quarterly cash dividend of $0.785 per share for the second quarter.