Iron Mountain (IRM) official guidance
Iron Mountain (IRM) official earnings guidance and management outlook. Each figure management stated is shown with its revisions and the source quote.
See the full Filings Intelligence suiteIRMIRON MOUNTAIN INCH4 FY2026 · ends 2026-12-31
1 metric1 newearnings call · 2026-08-06 04:01:24 UTC
2026-08-06 04:01:24 UTC$7Mnew
I think in the back half, you ought to be expecting something like $7 million of contribution in light of the timing of when we closed it and just the normal cadence of the business.
IRM · transcript · Q2 FY2026
2026-08-06 04:00:00 UTCOpen source
IRMIRON MOUNTAIN INCFY2026 · ends 2026-12-31
1 metric1 maintainedearnings call · 2026-08-06 04:01:24 UTC
2026-08-06 04:01:24 UTC$1.8B – $1.8Bmaintained
We expect AFFO to be within the range of $1.76 billion-$1.78 billion, or $5.87-$5.93 on a per share basis.
IRM · transcript · Q2 FY2026
2026-08-06 04:00:00 UTCOpen source
2026-08-05 10:48:15 UTC$1.8B – $1.8Braised +1.4%
AFFO $1,760 - $1,780 ~15% $1,735 - $1,755 ~$440 ~12%
IRM · EX-99.1 · Q2 FY2026
2026-08-05 10:47:30 UTCOpen source
2026-05-01 04:01:21 UTC$1.7B – $1.8Bmaintained
We expect AFFO to be within the range of $1.735 billion-$1.755 billion, or $5.79-$5.86 on a per share basis.
IRM · transcript · Q1 FY2026
2026-05-01 04:00:00 UTCOpen source
2026-04-30 10:49:57 UTC$1.7B – $1.8Braised +1.5%
AFFO $1,735 - $1,755 ~13% $1,705 - $1,735 ~$418 ~13%
IRM · EX-99.1 · Q1 FY2026
2026-04-30 10:49:15 UTCOpen source
2026-02-13 05:01:39 UTC$1.7B – $1.7Bmaintained
We expect AFFO to be within the range of $1.705 to $1.735 billion, which represents year-on-year growth of 12% at the midpoint.
IRM · transcript · Q4 FY2025
2026-02-13 05:00:00 UTCOpen source
2026-02-12 11:50:58 UTC$1.7B – $1.7Bnew
AFFO $1,705 - $1,735 ~12% ~$415 ~19%
IRM · EX-99.1 · Q4 FY2025
2026-02-12 11:50:20 UTCOpen source
IRMIRON MOUNTAIN INCQ3 FY2026 · ends 2026-09-30
1 metric1 maintainedearnings call · 2026-08-06 04:01:24 UTC
2026-08-06 04:01:24 UTC$440Mmaintained
We expect AFFO of approximately $440 million, an increase of 12% to last year, or $1.47 per share.
IRM · transcript · Q2 FY2026
2026-08-06 04:00:00 UTCOpen source
2026-08-05 10:48:15 UTC$440Mnew
AFFO $1,760 - $1,780 ~15% $1,735 - $1,755 ~$440 ~12%
IRM · EX-99.1 · Q2 FY2026
2026-08-05 10:47:30 UTCOpen source
IRMIRON MOUNTAIN INCFY2026 · ends 2026-12-31
1 metric1 maintainedearnings call · 2026-08-06 04:01:24 UTC
2026-08-06 04:01:24 UTC$5.87 – $5.93maintained
We expect AFFO to be within the range of $1.76 billion-$1.78 billion, or $5.87-$5.93 on a per share basis.
IRM · transcript · Q2 FY2026
2026-08-06 04:00:00 UTCOpen source
2026-08-05 10:48:15 UTC$5.87 – $5.93raised +1.3%
AFFO Per Share $5.87 - $5.93 ~14% $5.79 - $5.86 ~$1.47 ~11%
IRM · EX-99.1 · Q2 FY2026
2026-08-05 10:47:30 UTCOpen source
2026-04-30 10:49:57 UTC$5.79 – $5.86raised +1.5%
AFFO Per Share $5.79 - $5.86 ~13% $5.69 - $5.79 ~$1.40 ~13%
IRM · EX-99.1 · Q1 FY2026
2026-04-30 10:49:15 UTCOpen source
2026-02-13 05:01:39 UTC$5.69 – $5.79maintained
And we expect AFFO per share to be $5.69 to $5.79. This represents year-on-year growth of 11% at the midpoint.
IRM · transcript · Q4 FY2025
2026-02-13 05:00:00 UTCOpen source
2026-02-12 11:50:58 UTC$5.69 – $5.79new
AFFO Per Share $5.69 - $5.79 ~11% ~$1.39 ~19%
IRM · EX-99.1 · Q4 FY2025
2026-02-12 11:50:20 UTCOpen source
IRMIRON MOUNTAIN INCQ3 FY2026 · ends 2026-09-30
1 metric1 maintainedearnings call · 2026-08-06 04:01:24 UTC
2026-08-06 04:01:24 UTC$1.47maintained
We expect AFFO of approximately $440 million, an increase of 12% to last year, or $1.47 per share.
IRM · transcript · Q2 FY2026
2026-08-06 04:00:00 UTCOpen source
2026-08-05 10:48:15 UTC$1.47new
AFFO Per Share $5.87 - $5.93 ~14% $5.79 - $5.86 ~$1.47 ~11%
IRM · EX-99.1 · Q2 FY2026
2026-08-05 10:47:30 UTCOpen source
IRMIRON MOUNTAIN INCFY2026 · ends 2026-12-31
2 metrics1 new1 maintainedearnings call · 2026-08-06 04:01:24 UTC
2026-08-06 04:01:24 UTCmeaningfully exceed obviously our original guidance of 100 MWnew
As we said in the last call, in terms of what we expect to happen in 2026 on the leasing side, is we still say that we think we will meaningfully exceed obviously our original guidance of 100 MW, which we're already beyond.
IRM · transcript · Q2 FY2026
2026-08-06 04:00:00 UTCOpen source
2026-08-06 04:01:24 UTC$2.9B – $3Bmaintained
We now expect adjusted EBITDA to be within the range of $2.945 billion-$2.975 billion, which represents year-on-year growth of 15% at the midpoint.
IRM · transcript · Q2 FY2026
2026-08-06 04:00:00 UTCOpen source
2026-08-05 10:48:15 UTC$2.9B – $3Braised +0.5%
Adjusted EBITDA $2,945 - $2,975 ~15% $2,925 - $2,965 ~$745 ~13%
IRM · EX-99.1 · Q2 FY2026
2026-08-05 10:47:30 UTCOpen source
2026-05-01 04:01:21 UTC$2.9B – $3Bmaintained
We now expect adjusted EBITDA to be within the range of $2.925 billion-$2.965 billion, which represents year-on-year growth of 14% at the midpoint.
IRM · transcript · Q1 FY2026
2026-05-01 04:00:00 UTCOpen source
2026-04-30 10:49:57 UTC$2.9B – $3Braised +1.6%
Adjusted EBITDA $2,925 - $2,965 ~14% $2,875 - $2,925 ~$715 ~14%
IRM · EX-99.1 · Q1 FY2026
2026-04-30 10:49:15 UTCOpen source
2026-02-13 05:01:39 UTC$2.9B – $2.9Bmaintained
We expect adjusted EBITDA to be within the range of $2.875 to $2.925 billion, which represents year-on-year growth of 13% at the midpoint.
IRM · transcript · Q4 FY2025
2026-02-13 05:00:00 UTCOpen source
2026-02-12 11:50:58 UTC$2.9B – $2.9Bnew
Adjusted EBITDA $2,875 - $2,925 ~13% ~$685 ~18%
IRM · EX-99.1 · Q4 FY2025
2026-02-12 11:50:20 UTCOpen source
IRMIRON MOUNTAIN INCQ3 FY2026 · ends 2026-09-30
1 metric1 maintainedearnings call · 2026-08-06 04:01:24 UTC
2026-08-06 04:01:24 UTC$745Mmaintained
Now, turning to the third quarter. We expect revenue of approximately $1.98 billion and adjusted EBITDA of approximately $745 million, both an increase of 13% to the third quarter of last year.
IRM · transcript · Q2 FY2026
2026-08-06 04:00:00 UTCOpen source
2026-08-05 10:48:15 UTC$745Mnew
Adjusted EBITDA $2,945 - $2,975 ~15% $2,925 - $2,965 ~$745 ~13%
IRM · EX-99.1 · Q2 FY2026
2026-08-05 10:47:30 UTCOpen source
IRMIRON MOUNTAIN INCFY2026 · ends 2026-12-31
1 metric1 raisedearnings call · 2026-08-06 04:01:24 UTC
2026-08-06 04:01:24 UTC$1Braised +5.3%
We now expect full-year revenue to approach $1 billion.
IRM · transcript · Q2 FY2026
2026-08-06 04:00:00 UTCOpen source
2026-05-01 04:01:21 UTC$950Mraised +11.8%
With that said, we are increasing our full year outlook for ALM revenue to $950 million.
IRM · transcript · Q1 FY2026
2026-05-01 04:00:00 UTCOpen source
2026-02-13 05:01:39 UTC$850Mnew
For 2026, we expect $850 million in ALM revenue, which represents about 35% year-on-year growth, together with expanding margins.
IRM · transcript · Q4 FY2025
2026-02-13 05:00:00 UTCOpen source
IRMIRON MOUNTAIN INCFY2027 · ends 2027-12-31
1 metric1 newearnings call · 2026-08-06 04:01:24 UTC
2026-08-06 04:01:24 UTCat least $100Mnew
We're probably running a little bit ahead of our expectations for the full year, and I'll just reiterate that we continue to expect in 2027, that business to be in excess of $100 million and to carry on in that way for years to come.
IRM · transcript · Q2 FY2026
2026-08-06 04:00:00 UTCOpen source
IRMIRON MOUNTAIN INCFY2026 · ends 2026-12-31
1 metric1 maintainedearnings call · 2026-08-06 04:01:24 UTC
2026-08-06 04:01:24 UTC$7.9B – $8Bmaintained15% – 16.1% vs FY2025
We now expect total revenue to be within the range of $7.94 billion-$8.01 billion, which represents year-on-year growth of 16% at the midpoint.
IRM · transcript · Q2 FY2026
2026-08-06 04:00:00 UTCOpen source
2026-08-05 10:48:15 UTC$7.9B – $8Braised +1.3%15% – 16.1% vs FY2025
Total Revenue $7,940 - $8,010 ~16% $7,825 - $7,925 ~$1,980 ~13%
IRM · EX-99.1 · Q2 FY2026
2026-08-05 10:47:30 UTCOpen source
2026-05-01 04:01:21 UTC$7.8B – $7.9Bmaintained13.4% – 14.8% vs FY2025
We now expect total revenue to be within the range of $7.825 billion-$7.925 billion, which represents year-on-year growth of 14% at the midpoint.
IRM · transcript · Q1 FY2026
2026-05-01 04:00:00 UTCOpen source
2026-04-30 10:49:57 UTC$7.8B – $7.9Braised +2.3%13.4% – 14.8% vs FY2025
Total Revenue $7,825 - $7,925 ~14% $7,625 - $7,775 ~$1,965 ~15%
IRM · EX-99.1 · Q1 FY2026
2026-04-30 10:49:15 UTCOpen source
2026-02-13 05:01:39 UTC$7.6B – $7.8Bmaintained10.5% – 12.7% vs FY2025
For 2026, we expect total revenue to be within the range of $7.625 to $7.775 billion, which represents year-on-year growth of 12% at the midpoint.
IRM · transcript · Q4 FY2025
2026-02-13 05:00:00 UTCOpen source
2026-02-12 11:50:58 UTC$7.6B – $7.8Bnew
Total Revenue $7,625 - $7,775 ~12% ~$1,855 ~16%
IRM · EX-99.1 · Q4 FY2025
2026-02-12 11:50:20 UTCOpen source
IRMIRON MOUNTAIN INCQ3 FY2026 · ends 2026-09-30
1 metric1 maintainedearnings call · 2026-08-06 04:01:24 UTC
2026-08-06 04:01:24 UTC$2Bmaintained12.9% vs Q3 FY2025
Now, turning to the third quarter. We expect revenue of approximately $1.98 billion and adjusted EBITDA of approximately $745 million, both an increase of 13% to the third quarter of last year.
IRM · transcript · Q2 FY2026
2026-08-06 04:00:00 UTCOpen source
2026-08-05 10:48:15 UTC$2Bnew12.9% vs Q3 FY2025
Total Revenue $7,940 - $8,010 ~16% $7,825 - $7,925 ~$1,980 ~13%
IRM · EX-99.1 · Q2 FY2026
2026-08-05 10:47:30 UTCOpen source
IRMIRON MOUNTAIN INCQ2 FY2026 · ends 2026-06-30
2 metrics2 maintainedearnings call · 2026-05-01 04:01:21 UTC
2026-05-01 04:01:21 UTC$418Mmaintained
We expect AFFO of approximately $418 million or $1.40 per share.
IRM · transcript · Q1 FY2026
2026-05-01 04:00:00 UTCOpen source
2026-04-30 10:49:57 UTC$418Mnew
AFFO $1,735 - $1,755 ~13% $1,705 - $1,735 ~$418 ~13%
IRM · EX-99.1 · Q1 FY2026
2026-04-30 10:49:15 UTCOpen source
2026-05-01 04:01:21 UTC$1.4maintained
We expect AFFO of approximately $418 million or $1.40 per share.
IRM · transcript · Q1 FY2026
2026-05-01 04:00:00 UTCOpen source
2026-04-30 10:49:57 UTC$1.4new
AFFO Per Share $5.79 - $5.86 ~13% $5.69 - $5.79 ~$1.40 ~13%
IRM · EX-99.1 · Q1 FY2026
2026-04-30 10:49:15 UTCOpen source
IRMIRON MOUNTAIN INCFY2026 · ends 2026-12-31
1 metric1 newearnings call · 2026-05-01 04:01:21 UTC
2026-05-01 04:01:21 UTCslightly down from last yearnew
We continue to plan for full year CapEx to be slightly down from last year.
IRM · transcript · Q1 FY2026
2026-05-01 04:00:00 UTCOpen source
IRMIRON MOUNTAIN INCQ2 FY2026 · ends 2026-06-30
1 metric1 maintainedearnings call · 2026-05-01 04:01:21 UTC
2026-05-01 04:01:21 UTC$715Mmaintained
Adjusted EBITDA of approximately $715 million, an increase of 14% to last year.
IRM · transcript · Q1 FY2026
2026-05-01 04:00:00 UTCOpen source
2026-04-30 10:49:57 UTC$715Mnew
Adjusted EBITDA $2,925 - $2,965 ~14% $2,875 - $2,925 ~$715 ~14%
IRM · EX-99.1 · Q1 FY2026
2026-04-30 10:49:15 UTCOpen source
IRMIRON MOUNTAIN INCFY2026 · ends 2026-12-31
2 metrics1 newearnings call · 2026-05-01 04:01:21 UTC
2026-05-01 04:01:21 UTCat least $300Mnew
With our strong start to the year, we are raising our projection for retained cash flow to be at least $300 million ahead of last year.
IRM · transcript · Q1 FY2026
2026-05-01 04:00:00 UTCOpen source
2026-05-01 04:01:21 UTC$45M
We continue to expect $45 million of revenue in 2026 and in excess of $100 million annually in 2027 and beyond.
IRM · transcript · Q1 FY2026
2026-05-01 04:00:00 UTCOpen source
2026-02-13 05:01:39 UTCat least $45Mnew
We expect this year for it to be at least $45 million as the Department of the Treasury starts ramping up, because they are in a process of outsourcing from doing everything in-house to outsourcing.
IRM · transcript · Q4 FY2025
2026-02-13 05:00:00 UTCOpen source
IRMIRON MOUNTAIN INCFY2027 · ends 2027-12-31
1 metricearnings call · 2026-05-01 04:01:21 UTC
2026-05-01 04:01:21 UTCat least $100M
We continue to expect $45 million of revenue in 2026 and in excess of $100 million annually in 2027 and beyond.
IRM · transcript · Q1 FY2026
2026-05-01 04:00:00 UTCOpen source
2026-02-13 05:01:39 UTCat least $100Mnew
Looking out to 2027 and beyond, we expect to generate in excess of $100 million in revenue annually.
IRM · transcript · Q4 FY2025
2026-02-13 05:00:00 UTCOpen source
IRMIRON MOUNTAIN INCQ2 FY2026 · ends 2026-06-30
1 metric1 maintainedearnings call · 2026-05-01 04:01:21 UTC
2026-05-01 04:01:21 UTC$2Bmaintained14.8% vs Q2 FY2025
Now turning to the second quarter, we expect revenue of approximately $1.965 billion, an increase of 15% to last year.
IRM · transcript · Q1 FY2026
2026-05-01 04:00:00 UTCOpen source
2026-04-30 10:49:57 UTC$2Bnew14.8% vs Q2 FY2025
Total Revenue $7,825 - $7,925 ~14% $7,625 - $7,775 ~$1,965 ~15%
IRM · EX-99.1 · Q1 FY2026
2026-04-30 10:49:15 UTCOpen source