Iron Mountain Reports Q2 2025 Results with Record Revenues but Net Loss

Summary

Iron Mountain Incorporated reported second-quarter 2025 results on August 6, 2025, achieving record quarterly revenues of $1.7 billion. Despite this, the company reported a net loss of $43 million due to changes in exchange rates impacting intercompany balances. The company also recorded Adjusted EBITDA of $628 million and AFFO of $370 million. Iron Mountain increased its full-year 2025 guidance based on strong operational outperformance.