Iron Mountain NYSE: IRM expects to maintain a substantial pipeline of powered and permitted data center capacity as it leases existing inventory, while continuing to expand its asset lifecycle management and digital businesses, executives said at a company news event.
Iron Mountain NYSE: IRM is positioning its records management customer base as a foundation for cross-selling into data centers, asset lifecycle management and digital solutions, CFO Barry Hytinen said during Goldman Sachs' 2026 Communacopia + Technology Conference.
Iron Mountain (IRM) reported earnings 30 days ago. What's next for the stock?
IRM expands in Saudi Arabia through an AI-powered partnership that could accelerate and broaden its digital services footprint.
Iron Mountain is rated a buy, leveraging a durable legacy records business to fund high-growth data center expansion. IRM's legacy RIM segment boasts 93.4% retention and 43.3% EBITDA margin, providing stable cash flow for data center investments. Data center revenue grew 39% y/y in Q2 2026, with robust leasing momentum and 71.2% of its development pipeline pre-leased.
Iron Mountain Incorporated has surged 42.8% YTD, far outpacing the S&P 500, driven by robust revenue and cash flow growth. IRM's rapid expansion in data centers and asset lifecycle management, alongside 37 consecutive years of organic revenue growth, underpins its operational strength. Management guides for 2026 revenue of $7.94–$8.01B, EBITDA of $2.945–$2.975B, and adjusted FFO of $1.76–$1.78B.
Iron Mountain NYSE: IRM reported record second-quarter results for 2026, with revenue rising 19% year over year to $2.03 billion and adjusted EBITDA increasing 16% to $727 million, as growth in data centers, asset lifecycle management and digital solutions outpaced the company's expectations.
Iron Mountain Incorporated (IRM) Q2 2026 Earnings Call Transcript
Iron Mountain tops Q2 estimates as data centers, ALM and digital growth fuel stronger results, prompting a higher 2026 AFFO outlook.
The headline numbers for Iron Mountain (IRM) give insight into how the company performed in the quarter ended June 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Iron Mountain (IRM) came out with quarterly earnings of $1.44 per share, beating the Zacks Consensus Estimate of $1.4 per share. This compares to earnings of $0.48 per share a year ago.
Get a deeper insight into the potential performance of Iron Mountain (IRM) for the quarter ended June 2026 by going beyond Wall Street's top-and-bottom-line estimates and examining the estimates for some of its key metrics.