Iron Mountain Inc. reported record results for the third quarter of 2025, with total revenue of approximately $1.8 billion, up around 14% year-over-year. Adjusted EBITDA reached about $690 million, an increase of 14%. Adjusted Funds From Operations (AFFO) for the quarter were about $415 million, up 13%, with AFFO per share at approximately $1.39, also up 12%. For the third quarter, normalized Funds From Operations (FFO) per share was $0.93, a 17.7% increase compared to the same period in 2024. Year to date, AFFO totaled $1,111.5 million, up 13.8% from the previous year, and AFFO per share was $3.73, a 13.0% increase. The Board of Directors declared a quarterly cash dividend of $0.864 per share, representing a 10% increase, payable on January 6, 2026, to shareholders of record as of December 15, 2025. The company reported strong performance across key metrics and emphasized continued execution of its growth strategy.