Iron Mountain (IRMT) Outperforms Estimates with Strong Data Center-Driven Revenue Forecast

Iron Mountain (IRMT) forecast fiscal 2026 revenue above estimates on February 12, 2026, as enterprises increase land lease spending to build data centers supporting AI workloads. The company anticipates annual revenue of $7.63B–$7.78B vs. $7.60B consensus, annual adjusted funds from operations of $5.69–$5.79 per share vs. $5.73, and Q1 revenue of about $1.86B vs. $1.80B. Fourth-quarter revenue reached $1.84B, exceeding $1.80B estimates.