Iron Mountain jumps as data-center growth thesis regains traction ahead of Q1 earnings
Iron Mountain shares rose after investors refocused on its data-center growth outlook and reaffirmed 2026 targets that call for more than $1 billion in data-center revenue. The move also reflects continued momentum from its February 12, 2026 results and guidance update, which highlighted faster growth in data centers, digital solutions, and asset lifecycle management.
1. What’s moving IRM today
Iron Mountain (IRM) is higher as investors lean back into the company’s fast-growing data-center narrative and the 2026 outlook it set with its most recent earnings update. Management has guided to more than $1 billion of data-center revenue in 2026, positioning the segment as a key driver alongside digital solutions and asset lifecycle management (ALM). (marketbeat.com)
2. The fundamental backdrop investors are trading
In its latest reported quarter (Q4 and full-year 2025 results released February 12, 2026), Iron Mountain posted revenue of $1.84 billion, up about 17% year over year, and issued full-year 2026 guidance that implies continued double-digit growth. The company has also highlighted rapid expansion in Data Centers and ALM as core contributors to its growth mix. (investors.ironmountain.com)
3. What to watch next
The next near-term catalyst is Iron Mountain’s Q1 2026 earnings report, scheduled for April 29, 2026, which investors are likely to use to validate progress on data-center revenue growth and any updates on leasing and capacity ramp. In the meantime, the company’s recent dividend (paid April 3, 2026, with an ex-dividend date of March 16, 2026) keeps income-focused demand in the name, but the key driver remains execution on the growth plan. (chartmill.com)