Company Dossier · Real Estate
Iron Mountain
- S&P 500
- Russell 1000
What Iron Mountain is doing, read from its filings, its own words and the news, with every figure dated and sourced. Not investment advice: no ratings, no price targets.
Open the full company record in Palanor: guidance, KPIs, ownership, calls, prices →
The latest read
Computed from the data on Oct 22, 2026. Every figure links back to its source in the sections below.
- Revenue over the four quarters to June 30, 2026: $7.56 billion, up 17% from a year earlier.SEC EDGAR filings (XBRL)
- Free cash flow (operating cash flow minus capital expenditure) over the four quarters to June 30, 2026: −$0.49 billion.SEC EDGAR filings (XBRL)
- Capital expenditure over the four quarters to June 30, 2026: $2.15 billion, down 4.4% from a year earlier.SEC EDGAR filings (XBRL)
- Long-term debt issued in the fiscal year to December 31, 2025: $17.0 billion.SEC EDGAR filings (10-K)
- Latest earnings call or results release (August 5, 2026): sentiment 0.80 on a −1 to +1 scale (confident, opportunity-framed), confidence 0.90 of 1.Palanor Discourse
- Guidance in the last 90 days: 4 outlook figures raised, 0 lowered, 0 held.Guidance Ledger (8-K results releases)
- Latest annual report (filed February 12, 2026): 1 risk factor added, 0 removed.Risk Factor Changes (10-K Item 1A)
- Insiders were net sellers in Q3 2026: $18.1 million on the open market.SEC Form 4
- 1,174 institutional managers reported a position at June 30, 2026 (+84 on the quarter before).SEC Form 13F
- H-1B filings certified in Q2 2026: 9 (14 a year earlier).U.S. Department of Labor (OFLC)
Risk events (12 months): 1 — latest Wage and Hour case, Apr 5, 2026 →
Company Posture
How Company Posture is measured →What Iron Mountain is doing, on three axes, from its filings and its own words, as of 2026-10-22. A description, not a rating: Company Posture never says whether to buy.
Retrenching · Confident
Expanding ↔ Retrenching
Retrenching
- Capital spending17th pct
- Debt raised43rd pct
- Buybacks vs capex—
- Hiring filings66th pct
- Deals and private raises47th pct
- Patent publications21st pct
Confident ↔ Hedging
Confident
- Call sentiment81st pct
- Call confidence81st pct
- Guidance changes66th pct
- Risk factors added34th pct
- Insider open-market trades35th pct
- + Call sentiment
- + Call confidence
- + Guidance changes
Pressure
Components only: Not yet shown as a score: in the back-test it did not add to a naive reader's forecast of impairment, debt acceleration or bankruptcy filings (8-K 2.06, 2.04, 1.03) (not enough events (17 in half 1; needs 20)).
- Fails-to-deliver20th pct
- Stress filings50th pct
Credit
How these are built →Iron Mountain's borrowing from its SEC filings: the bonds it priced and the debt on its latest balance sheet. A description, not a rating.
Debt on the balance sheet
$17.8B
- Due within a year $0.2B
- Longer term $17.6B
- Default point $9.0B (short + ½ long)
Finance leases included · Jun 30, 2026 filing
Bonds priced, last 12 months
None
U.S. dollar tranches with a term sheet on EDGAR. Deals sold under Rule 144A file none and are not counted.
Charts
Live charts: each one redraws from today’s data and has an image link to paste into a document or slide.
Cash flow
Capital returned and raised
What the company says
Hiring and ownership
Filings and records
The last two years of notable 8-Ks, offerings, annual reports, federal awards, lobbying reports, patents and other public records, newest first.
- Oct 19, 2026LobbyingLobbying report (AMERICAN DEFENSE INTERNATIONAL, INC.)third_quarter 2026 · $0.0 million
- Oct 19, 2026LobbyingLobbying report (IRON MOUNTAIN INCORPORATED)third_quarter 2026 · $0.3 million
- Oct 18, 2026LobbyingLobbying report (FORBES-TATE)third_quarter 2026 · $0.1 million
- Oct 12, 2026LobbyingLobbying report (HANCE SCARBOROUGH)third_quarter 2026 · $0.0 million
- Jul 21, 2026LobbyingLobbying report (HARBINGER STRATEGIES, LLC)second_quarter 2026 · $0.1 million
- Jul 20, 2026LobbyingLobbying report (FORBES-TATE)second_quarter 2026 · $0.1 million
- Jul 20, 2026LobbyingLobbying report (IRON MOUNTAIN INCORPORATED)second_quarter 2026 · $0.4 million
- Jul 17, 2026LobbyingLobbying report (AMERICAN DEFENSE INTERNATIONAL)second_quarter 2026 · $0.0 million
- Jul 14, 2026Patent
- Jun 26, 20268-KMaterial agreement signedItem 1.01
- Jun 2, 2026Patent
- May 12, 20268-KShareholder vote resultsItem 5.07
- May 12, 2026Patent
- Apr 7, 2026Patent
- Apr 5, 2026Risk eventWage and Hour case: Iron Mountain Information Management, LLC, back wages agreed$0.0 million
- Feb 12, 202610-KAnnual report (10-K)1 risk factors added, 0 removed
- Dec 30, 2025Patent
- Nov 13, 20258-KMaterial agreement signedItem 1.01
- Oct 21, 20258-KDirector or officer changeItem 5.02
- Sep 10, 20258-KMaterial agreement signedItem 1.01
- Jun 20, 20258-KMaterial agreement signedItem 1.01
- Jun 4, 20258-KDirector or officer changeItem 5.02
- Jun 4, 20258-KShareholder vote resultsItem 5.07
- Feb 14, 202510-KAnnual report (10-K)0 risk factors added, 0 removed
- Dec 9, 20248-KDirector or officer changeItem 5.02
- Dec 6, 20248-KMaterial agreement signedItem 1.01
- Nov 7, 20248-KMaterial agreement signedItem 1.01
- Feb 22, 202410-KAnnual report (10-K)0 risk factors added, 0 removed
Peers
Companies in the same industry in the S&P 500, Russell 1000 or MidCap 400, closest in revenue first. Trailing twelve months, from SEC filings.
| Company | Revenue | Free cash flow | Through |
|---|---|---|---|
| Lamar Advertising LAMR | $2.3B | $0.7B | Jun 30, 2026 |
| EPR Properties EPR | $0.7B | −$0.1B | Jun 30, 2026 |
| Simon Property Group SPG | $6.9B | $3.2B | Jun 30, 2026 |
| Weyerhaeuser WY | $6.8B | — | Jun 30, 2026 |
| Ventas VTR | $6.4B | — | Jun 30, 2026 |
| Prologis Inc. PLD | $8.9B | — | Mar 31, 2026 |
| Digital Realty DLR | $6.3B | — | Mar 31, 2026 |
| Host Hotels & Resorts HST | $6.2B | — | Jun 30, 2026 |