Iron Mountain's Q3 AFFO Beats, Revenues Improve Y/Y, Dividend Raised

Key Takeaways IRM's Q3 AFFO rose 16.8% year over year to $1.32, surpassing the consensus estimate of $1.29.Revenues climbed 12.6% to $1.75B, driven by strength in storage, service and data center segments.IRM raised its quarterly dividend by 10% to $0.864 per share, payable on Jan. 6, 2026.Iron Mountain Incorporated (IRM) reported third-quarter adjusted funds from operations (AFFO) per share of $1.32, beating the Zacks Consensus Estimate of $1.29. This figure jumped 16.8% year over year.Iron Mountain’s resu ...