--- canonical_url: https://www.stockexpertai.com/earnings/irm last_updated: 2026-05-09T10:54:46.837Z --- # Iron Mountain Incorporated (IRM) Q1 FY2027 Earnings Preview > This content was automatically generated with FMP live data + Q1 FY2026 earnings call transcript. Generated: 2026-05-09T10:54:46.282Z. Educational tool, not investment advice. --- ## Quick Summary | Field | Value | Source | |---|---|---| | Price | $128.84 (▲ 1.60%) | fmp:quote | | Market Cap | $38.3B | fmp:profile | | 52w range | $77.77 – $134.09 | fmp:quote | | Earnings | Wed 5 Aug | fmp:earnings-history | | EPS estimate | $0.53 (-57% YoY) | fmp:earnings-estimate | | Revenue estimate | $2.0B | fmp:earnings-estimate | | Beat streak | 8/4 | fmp:earnings-history | | Rating | C- (overall 1/5) | fmp:ratings | | Analyst median target | $130 (+0.9% upside) | fmp:price-target-consensus | | MoonshotScore | 51/100 | derived | | Council | 2/6 bullish | derived | | Munger verdict | Fairly Valued | derived | ## Iron Mountain Incorporated — Q1 FY2027 Expectations Q1 consensus: revenue $2.0B^{[FMP est]}, EPS $0.53^{[FMP est]}. 8 consecutive quarters of beat^{[FMP earnings]}. ## Quick Take **Score:** C- · **Stance:** HOLD · **Council:** 2/6 · **Moonshot:** 51 = MoonshotScore 51^{[9-pillar formula]} + Council 2/6^{[6-lens rule]}. Form 4: 0 transactions^{[FMP Form 4]}. ## Watchlist (6 metrics) ### 1. Fy26 Affo Guidance Iron Mountain has raised its full year 2026 AFFO per share guidance to $5.79 to $5.86, representing 13% growth. > "We expect AFFO to be within the range of $1.735 billion to $1.755 billion or $5.79 to $5.86 on a per share basis. At the midpoint, this represents 13% growth" > — Barry Hytinen, Executive Vice President and Chief Financial Officer, Expectation / Guide · Q1 FY2026 ### 2. Fy26 Revenue Guidance Iron Mountain has raised its full year 2026 revenue guidance to a range of $7.825 billion to $7.925 billion, representing year-on-year growth of 14%. > "We now expect total revenue to be within the range of $7.825 billion to $7.925 billion, which represents year-on-year growth of 14% at the midpoint." > — Barry Hytinen, Executive Vice President and Chief Financial Officer, Expectation / Guide · Q1 FY2026 ### 3. Organic Growth Iron Mountain achieved its highest organic growth rate in over 25 years, with 17% in the first quarter. > "First quarter organic growth of 17% is the highest rate we've achieved in more than 25 years." > — William Meaney, President and Chief Executive Officer, Investor Focus · Q1 FY2026 ### 4. Data Center Growth Iron Mountain's data center revenue increased by 47% in the first quarter, with industry demand remaining strong. > "Data center revenue increased 47% in the first quarter. Industry demand remains very strong with hyperscalers continue to build out inference and cloud capacity." > — William Meaney, President and Chief Executive Officer, Investor Focus · Q1 FY2026 ### 5. Alm Growth Iron Mountain's asset lifecycle management (ALM) business achieved a 92% increase in revenue in the first quarter. > "We drove substantial growth in our asset lifecycle management business in the first quarter with a 92% increase in revenue." > — William Meaney, President and Chief Executive Officer, Investor Focus · Q1 FY2026 ### 6. Digital Solutions Growth Iron Mountain's digital solutions business achieved record first quarter revenue, growing greater than 20% year-over-year. > "Our digital solutions business achieved record first quarter revenue, growing greater than 20% year-over-year." > — William Meaney, President and Chief Executive Officer, Investor Focus · Q1 FY2026 ## MoonshotScore Pillars | Pillar | Score | Level | Evidence | |---|---|---|---| | Revenue Growth | 7.0 | strong | Q1 vs Q2: healthy growth (+13.1%) | | Gross Margin | 5.0 | medium | Q1: high margin (54.0%) | | Operating Leverage | 2.0 | weak | op margin healthy (20.4%) | | Cash Runway | 3.0 | weak | FCF negative ($-0.2B, external financing needed) | | R&D Intensity | 3.0 | weak | low R&D investment (0.0%, weak innovation) | | Price Momentum | 7.0 | strong | RSI 67.7 positive momentum, 50d above | | News Sentiment | 9.0 | strong | strong buy consensus (91%) | **Formula:** sum(pillar.score) / (count * 10) * 100. Each pillar deterministic from FMP. Source maps in pillar.formula. ## Council (7-Lens) | Name | Stance | Context | |---|---|---| | Ray Dalio | bull | macro · target upside +0.9% | | Ken Griffin | bull | flow · 50d MA above | | Jim Simons | neutral | quant · RSI 68 | | Klarman | neutral | value · target upside +0.9% | | Buffett | neutral | quality · ROE score 1/5 | | Munger | neutral | valuation · target upside +0.9% | **Formula:** Each lens uses deterministic rule on bundle data. Logged in member.contextTr. ## Munger Lens - **Verdict:** Fairly Valued - **Financial Health:** Weak - **Margin of Safety:** Weak - **Interest Coverage:** Adequate - **ROIC vs WACC:** Tight **Formula:** verdict=upside>25?Undervalued:>0?Fairly Valued:Overvalued. Each lens deterministic from FMP ratings + priceTarget. ## Technical Levels - **RSI(14):** 67.7 — yükselişte nötr — overbought sınırının altında, momentum pozitif - **50d MA:** $111 — hisse %16.0 üstünde — kısa vadeli destek - **200d MA:** $99 — hisse %30.3 üstünde — uzun vadeli destek - **Volume (10d):** -47% ## Past Performance (4 Quarters) | Quarter | EPS Actual | EPS Estimate | Result | Reaction | |---|---|---|---|---| | Q2 FY25 | $1.24 | $1.19 | BEAT | +2.0% | | Q3 FY25 | $1.32 | $1.29 | BEAT | +0.4% | | Q4 FY25 | $1.44 | $0.59 | BEAT | +3.6% | | Q1 FY26 | $1.43 | $0.50 | +185.4% EPS | +1.0% | Q1 (April 30, 2026): EPS $1.43 vs $0.50 est^[FMP], +185.4% beat. D+1 movement: +1.0%^{[FMP D+1]}. Decline despite beat — market reacted to guidance, not numbers. ## 3 Scenarios ### Scenario A · Beat **Q1 EPS > $0.53 + CapEx discipline** Threshold: EPS > $0.53^{[FMP est]}. Target: Break above median target $130^{[FMP target]}; high target $140^[FMP] upper bound. ### Scenario B · In-Line **EPS ≈ $0.53 + CapEx < $518.0M** Threshold: EPS ≈ $0.53^{[FMP est]}, Q1 CapEx < $518.0M^[FMP]. Target: Consolidation in the band between current $129^[FMP] and median $130^[FMP]. ### Scenario C · Miss **EPS < $0.51 or CapEx ≥ $518.0M** Threshold: EPS < $0.51^{[FMP est×0.97]}. Target: Current $129 below SMA200 $99^[FMP], if rejection continues, $84^[derived] support activates. ## Risk Notes ### Primary segment below threshold Q1: EPS $1.43 vs $0.50 beat^[FMP], stock +1.0% D+1^[FMP]. ### Backlog concentration No RPO/backlog concentration disclosed in Q1 earnings call. ### Insider trading Form 4 data is marked in the table — this page does not generate assumptions for this stock. | Executive | Action | Amount | Date | |---|---|---|---| **Net:** — (0 transactions · 0 sells · 0 buys) · Q1 FY26 ### CapEx shock Q1 CapEx $518.0M^{[FMP cashflow]}. Q1 op margin 20.4%^{[FMP op margin]} — this level in Q1 is sensitive to CapEx revision risk. ## Wall Street Consensus - **Median target:** $130 (+0.9% upside vs current $129) - **High / Low:** $140 / $127 - **Buy / Hold / Sell:** 10 / 0 / 1 - **Analyst count:** 3 (last quarter), 15 all-time ## Additional Transcript Insights ### 1. organic_growth **Claim:** Iron Mountain achieved its highest organic growth rate in over 25 years, with 17% in the first quarter. **Evidence (transcript):** "First quarter organic growth of 17% is the highest rate we've achieved in more than 25 years." **Numbers:** 17%, 25 ### 2. data_center_growth **Claim:** Iron Mountain's data center revenue increased by 47% in the first quarter, with industry demand remaining strong. **Evidence (transcript):** "Data center revenue increased 47% in the first quarter. Industry demand remains very strong with hyperscalers continue to build out inference and cloud capacity." **Numbers:** 47% ### 3. alm_growth **Claim:** Iron Mountain's asset lifecycle management (ALM) business achieved a 92% increase in revenue in the first quarter. **Evidence (transcript):** "We drove substantial growth in our asset lifecycle management business in the first quarter with a 92% increase in revenue." **Numbers:** 92% ### 4. digital_solutions_growth **Claim:** Iron Mountain's digital solutions business achieved record first quarter revenue, growing greater than 20% year-over-year. **Evidence (transcript):** "Our digital solutions business achieved record first quarter revenue, growing greater than 20% year-over-year." **Numbers:** 20% ### 5. fy26_revenue_guidance **Claim:** Iron Mountain has raised its full year 2026 revenue guidance to a range of $7.825 billion to $7.925 billion, representing year-on-year growth of 14%. **Evidence (transcript):** "We now expect total revenue to be within the range of $7.825 billion to $7.925 billion, which represents year-on-year growth of 14% at the midpoint." **Numbers:** 7.825, 7.925, 14% ### 6. fy26_affo_guidance **Claim:** Iron Mountain has raised its full year 2026 AFFO per share guidance to $5.79 to $5.86, representing 13% growth. **Evidence (transcript):** "We expect AFFO to be within the range of $1.735 billion to $1.755 billion or $5.79 to $5.86 on a per share basis. At the midpoint, this represents 13% growth" **Numbers:** 1.735, 1.755, 5.79, 5.86, 13% --- *Data source: FMP (live query, 2026-05-09), Q1 FY2026 earnings call transcript (Translated to EN with Gemini 2.0 Flash). Educational tool, not investment advice.*