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IRM

Iron Mountain·NYSE
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IRM fundamentals

Iron Mountain (IRM) released its earnings on Feb 12, 2026: revenue was 1.84B (YoY +16.56%), beat estimates; EPS was 0.61 (YoY +22.00%), beat estimates.
Revenue / YoY
1.84B
+16.56%
EPS / YoY
0.61
+22.00%
Report date
Feb 12, 2026
IRM Earnings Call Summary for Q4,2025
  • Record Growth: Q4 revenue $1.84 billion (+17% YoY), full-year $6.9 billion (+12% YoY). EBITDA $2.6 billion (+15% YoY), AFFO $1.5 billion (+15% YoY).
  • Data Center Surge: 2026 data center revenue >$1 billion (+25% YoY), 2027+ >25% growth. 400 MW land bank to energize in 24 months.
  • ALM Expansion: 2026 ALM revenue $850 million (+35% YoY), 360 Fortune 1000 customers (+30% YoY).
  • Digital Dominance: 2025 digital revenue >$500 million (+20% YoY), 2026 DXP pipeline at all-time high.
  • Legacy Strength: $5 billion physical storage business (+mid-single digits YoY), 37th consecutive year of organic growth.
  • Strategic Wins: Hyperscale leases (28 MW Virginia), ALM cross-sells ($14 million ITAD), DOT contract $45 million in 2026.
EPS
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Q3,2019
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Q1,2020
Q2,2020
Q3,2020
Q4,2020
Q1,2021
Q2,2021
Q3,2021
Q4,2021
Q1,2022
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Q3,2022
Q4,2022
Q1,2023
Q2,2023
Q3,2023
Q4,2023
Q1,2024
Q2,2024
Q3,2024
Q4,2024
Q1,2025
Q2,2025
Q3,2025
Q4,2025
Actual
0.270.220.310.290.320.380.40.430.380.460.480.430.420.40.450.520.430.420.440.50.430.480.540.61
Forecast
0.18330.12590.25820.31340.28720.3510.39740.3980.37360.40130.44310.43570.35220.32870.4350.45440.41750.4210.48290.53250.40190.50150.52650.5876
Surprise
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
+47.30%
+74.74%
+20.06%
-7.47%
+11.42%
+8.26%
+0.65%
+8.04%
+1.71%
+14.63%
+8.33%
-1.31%
+19.25%
+21.69%
+3.45%
+14.44%
+2.99%
-0.24%
-8.88%
-6.10%
+6.99%
-4.29%
+2.56%
+3.81%
Revenue
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Q3,2017
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Q1,2018
Q2,2018
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Q4,2019
Q1,2020
Q2,2020
Q3,2020
Q4,2020
Q1,2021
Q2,2021
Q3,2021
Q4,2021
Q1,2022
Q2,2022
Q3,2022
Q4,2022
Q1,2023
Q2,2023
Q3,2023
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Q1,2024
Q2,2024
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Q4,2024
Q1,2025
Q2,2025
Q3,2025
Q4,2025
Actual
--------------------------------1.07B982.24M1.04B1.06B1.08B1.12B1.13B1.16B1.25B1.29B1.29B1.28B1.31B1.36B1.39B1.42B1.48B1.53B1.56B1.58B1.59B1.71B1.75B1.84B
Forecast
--------------------------------1.08B933.06M995.80M1.04B1.07B1.09B1.13B1.15B1.24B1.30B1.31B1.32B1.32B1.35B1.41B1.45B1.45B1.50B1.55B1.60B1.59B1.68B1.75B1.81B
Surprise
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
-1.03%
+5.27%
+4.10%
+1.75%
+1.00%
+2.35%
-0.01%
+1.10%
+1.04%
-1.06%
-2.02%
-2.77%
-0.09%
+0.32%
-1.68%
-2.05%
+1.62%
+1.97%
+0.22%
-1.22%
-0.11%
+1.70%
+0.04%
+2.00%

Earnings Call