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William Msia

President & CEO, Iron Mountain

Search every verified William Msia interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. William Msia, President and CEO of Iron Mountain, discussed the company's second quarter 2026 results on an August 2026 earnings call. He reported that the company's data center, ALM, and digital businesses collectively grew more than 50% in the quarter, contributing 35% of consolidated revenue, up 750 basis points year-over-year. Msia noted that the data center business grew 39% in the quarter, with 13 megawatts leased in Q2 and an additional 75 megawatts in July, bringing year-to-date leasing to 110 megawatts. He stated that the company is positioned with approximately 325 megawatts of leasable capacity expected to energize over the next 24 months, citing strong industry demand and a robust pipeline, including expansion among hyperscale providers and data center operators in India. He acknowledged that large leases tend to be lumpy but expressed expectations to meaningfully exceed current leasing levels by year-end. On the February 2025 call covering Q4 2024 results, Msia described 2024 as another record year and outlined expectations for continued growth in 2025, including revenue and AFO per share guidance. He emphasized the company's focus on building scale, increasing operating leverage, and broadening solutions offerings to capitalize on its position as an end-to-end solutions provider spanning physical and digital domains. Regarding industry developments, Msia said that despite buzz around DeepSeek, the company saw no substantive change in customer expectations for growing data center infrastructure. He also mentioned plans to improve efficiency in data center construction through added design and construction capacity and supply chain locking, while expecting cash renewal spreads to continue rising due to demand-supply dynamics.

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